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Pension funds are investment pools that manage people’s retirement savings. They aim to encourage long-term saving and provide...
Part-time work offers greater flexibility than traditional, full-time employment, but it comes with its own challenges. Part-time workers typically earn less than full-time workers. This, and the fact that they often don't qualify for employee benefits, can make it more difficult for them...
Leaders from Maine's two largest electricity companies are sharing cost-saving tips with their customers as they expect them to see higher bills during the recent cold stretch.
Central Maine Power spokesperson Jon Breed said that systems have...
The beginning of a new year brings new plans, resolutions, goals and hopes, many of which revolve around our finances. But sticking to a new financial resolution isn’t easy.
A recent survey by TD Bank Group found that almost...
Millions of Social Security beneficiaries have now received their first benefit checks for 2025.
The new 2.5% cost-of-living adjustment — which adds $50 per month to retirement benefits on average — marks the lowest increase since 2021,...
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The week began with the inauguration of the 47th U.S. President, Donald Trump. On his first day in office, Trump signed a record 26 executive orders that, from a macroeconomic perspective, focused on four key areas, namely energy, immigration reform, tariffs, and technology. The new policy proposals were...
A new study shows that nearly all retired-age adults in the U.S. still have nonmortgage debt, with some metros seeing especially high levels.
The study, conducted by financial company LendingTree, examined what kinds of debts the retirement-age population...
Pension funds are investment pools that manage people’s retirement savings. They aim to encourage long-term saving and provide financial security to retirees. But some pension funds in the US, UK and elsewhere have recently begun investing in cryptocurrencies, an asset class...
Inheriting an individual retirement account is a windfall for many investors.
However, a lesser-known change for 2025 could trigger a costly surprise penalty, financial experts say.
Starting in 2025, certain heirs with inherited...
When we talk about Social Security benefits in the United States, we are talking about a system that supports a large part of society. For that reason, when that system fails, we find that many United States citizens may find themselves...
