If you work at a small business and don’t have access to a 401(k) savings plan, that could soon change. The Labor Department on Monday released a final rule that’s intended to make it easier for the nation’s smaller firms to band together to offer 401(k) plans to their workers. The move comes about a
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You can’t listen to music, go to the movies, rent a car, stay in a hotel — or of course buy a plane ticket — without encountering some sort of extra fee. About 85% percent of Americans have come up against an unexpected or hidden fee over the past two years for a service they
Webb Institute Source: Webb Institute Even as college becomes increasingly unaffordable for many students and their families, it is still possible to graduate owing next to nothing. “There are so many college-bound students and their families that are nervous about assuming too much debt,” said Robert Franek, editor in chief at The Princeton Review. However,
LawrenceSawyer/Getty Images Samantha Jokela, a 21-year-old college student from Upton, Massachusetts, will be graduating from college a year earlier than expected, thanks to dual enrollment. Dual enrollment is a state-run program that allows students to take college-level classes, often through a local community college, while they are still in high school. As many as 3
Robert Exley, Jr., a CNBC staffer, now and at some possible future time. Robert Exley, Jr. | CNBC It’s fun, it’s Russian, it’s potentially dangerous. FaceApp, the amusing smartphone app that gives you a sense of what you might look like in 20, 30 or 40 years, can also help you better save for retirement.
Some pre-retirees know the conundrum well: Full-time work soon will be behind them and they’ll need income, yet they want to delay tapping Social Security for as long as possible to maximize those benefits. For people who have other assets available, some advisors recommend that rather than gradually withdrawing from those funds — such as
Photo: Wikicommons When Democratic presidential candidate Elizabeth Warren earlier this week unveiled the details of her bill to cancel student debt, she stressed how it would deliver significant financial relief to borrowers of color. “The day our bill gets signed into law, that black-white wealth gap would shrink by 25 points,” the Massachusetts senator said.
Ariel Skelley | Getty Images Want to retire in the city with the most sunny days per year? Or one with no state or local sales tax? A new list by SeniorAdvice.com — a housing referral service — ranks the best locations to spend your golden years. The site focused on mid-sized cities, since “most
The Internal Revenue Services offices in Washington, D.C. Adam Jeffery | CNBC If you’ve been trading or mining cryptocurrency, the Internal Revenue Service is about to come knocking. The IRS on Friday announced that it’s sending letters to more than 10,000 taxpayers with virtual currency transactions who have potentially failed to report income and pay
Hero Images | Hero Images | Getty Images If you’re in your 20s or 30s without children, the need to purchase life insurance can seem unnecessary. Putting it off, however, may cost you. “The better health you’re in and the younger you are, the cheaper your insurance premium typically will be,” said certified financial planner