The Retirement Income Show with Wes Wood is not just another show about financial education or retirement planning. It’s the only show that aims to tackle the challenges and concerns unique to everyday investors over 50. Tune in weekly to learn about retirement strategies that can help protect your money and generate income from your investments.
The IRS has good news for retirees starting in 2022: you can now keep more money in your tax-deferred retirement accounts thanks to lower required minimum distributions (RMDs). For the first time in 20 years, the Internal Revenue Service has … Continue reading → The post Good News for Retirees: RMD Formula Changing for First Time in Decades appeared first on SmartAsset Blog.
Employees want to work for and will stay at companies where there’s a culture of flexibility and well-being, writes LinkedIn's chief people officer.
Call it the Great Semi-Retirement. That's where a lot of boomers might be headed as employers try to convince older staffers to stick around longer in a labor market plagued by a shortage of workers....
If you're like most people facing retirement, you don't have an unlimited budget. Even so, that doesn't mean that you have to settle for living out what are supposed to be your golden years in a...
- The Herald-Times
Some business leaders said they believe the pandemic has shifted labor dynamics to the detriment of employers — and to the benefit of workers.
From dealing with unexpected medical costs to supporting adult children, Americans often find themselves facing expenses they weren't anticipating in their golden years. Plus, it's harder to...
- Hartford Courant
Aerospace lawsuit targets Collins Aerospace, second segment of Raytheon Technologies to face claims it restricted hiring
A legal challenge against Connecticut’s aerospace industry has broadened to include Collins Aerospace, a Raytheon Technologies Corp. subsidiary accused in a federal lawsuit filed Tuesday of participating in a no-hire agreement that allegedly crippled career and pay opportunities for engineers. A similar lawsuit in U.S. District Court in December named jet engine manufacturer Pratt & Whitney, ...
Southwest Airlines Co was sued for $10 million on Tuesday by a 68-year-old Florida woman who said the carrier ejected her from a flight because she periodically needed to remove her mask to drink water. Medora Clai Reading said she was wrongly removed from a Jan. 7, 2021, flight to Palm Beach, Florida, from Washington, D.C. after a hostile flight attendant kept demanding that she keep her mask on despite medical issues, including a heart condition and low blood sugar, requiring that she stay hydrated. Southwest had no immediate comment, having yet to review the complaint.
A former Houston Methodist doctor has filed a lawsuit against Houston Methodist asking for Methodist to detail the effects of the vaccines and financial reports.
(Bloomberg) -- Relations between the U.S. and China are set to remain strained, which could prompt Beijing to continue diversifying its imports of agricultural goods and keep America’s share low, according to Fitch Solutions. Most Read from BloombergFourth Pfizer Dose Is Insufficient to Ward Off Omicron, Israeli Trial SuggestsDeadly Drone Strikes on UAE Raise Gulf Tensions, Roil Oil MarketOne of the World’s Wealthiest Oil Exporters Is Becoming UnlivableOlympic Ticket Sales Halted; Hong Kong Arre
- Motley Fool
You'll often hear that it's a good idea to kick off retirement with 10 to 12 times your ending salary in savings. The logic is that a sum that size should be enough to help you cover your bills on top of your Social Security benefits. While it may be disappointing to fall short on your savings goals, your senior years aren't necessarily ruined.
- Austin American-Statesman
Former Presidents and members of Congress don’t get salaries ‘for life’
The Social Security Administration has released the schedule of Social Security payments for 2022. These payments will include the cost-of-living adjustment.
- American City Business Journals
Abercrombie & Fitch plans to close its San Francisco store at 865 Market St. in the Westfield mall next week, becoming the latest large clothing retailer in downtown or Union Square to shutter during the pandemic. The store at Westfield San Francisco Centre will close Jan. 26, the San Francisco Chronicle reported Tuesday. Retailers including Uniqlo, DSW, Marshalls, Gap and H&M have also closed San Francisco locations since late 2020 as the area has struggled with the absence of international tourists and office workers as well as crime and homelessness.
Data: Indeed; Chart: Baidi Wang/AxiosJob openings have been roaring back across the country, but some metro areas are significantly hotter than others, per a new report from the jobs site Indeed.Why it matters: Tracking growth in different cities gives us insight into how the pandemic is changing the geography of jobs.Get market news worthy of your time with Axios Markets. Subscribe for free.By the numbers: The hottest city is Boise City, Idaho, with 94.8% job growth compared to its pre-pandemic
Not all workers have access to a 401(k), but there are several alternative ways to save for retirement.
- Miami Herald
Homebuilders are an optimistic bunch. They normally purchase land or finished lots, spend thousands on lumber and myriad other materials, and start putting up houses — often before the first customer walks in the door.
- NBC News
A Tennessee man was awarded more than $9 million after he was served cleaning liquid instead of water at a Marion County Cracker Barrel.
(Bloomberg) -- Billionaire Mukesh Ambani’s Reliance Industries Ltd. is buying an Indian robotics startup as the conglomerate scales up automation across its businesses, from e-commerce to new energy.Most Read from BloombergMicrosoft Buys Scandal-Tainted Activision in Bet on MetaverseFourth Pfizer Dose Is Insufficient to Ward Off Omicron, Israeli Trial SuggestsStock Selloff Deepens as Treasury Yields Climb: Markets WrapCovid-19 Infected Lions Prompt Variant Warning in South AfricaDeadly Drone Str
- The Commercial Appeal
MHR Fund Management is looking to create a shipping container and chassis manufacturing plant on Winchester Road.