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The Latest Breaking News from IRA

The Average IRA Balance by Age and Generation

Knowing how the average IRA balance of peers compares to your own could be the nudge you need to save more for retirement — or pat yourself on the back.

Kiplinger

Swing states in US election are biggest winners in Democrats’ landmark climate bill

Seven states received almost half of funds for clean energy manufacturing, though there is little evidence it will deliver electorally for Democrats

The Guardian - US

US Insurance Industry Fights Regulation To Scrap Agent Commissions, Boosting Retirement Savings By $3B Annually

A dozen insurance industry groups have secured national stay orders from two Federal courts on a new retirement protection regulation that compels agents to sell products in their client's best interests during 401(k)-IRA rollovers.

International Business Times UK

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Vanguard Says People Under 55 Are Making This $130K Mistake When Rolling Money Over From Their 401(k) To IRA

Most investors rolling over their 401(k) funds into an IRA are unaware that the money sits as idle cash until actively invested in stocks and bonds.

International Business Times UK

If Trump and Vance win the election, this is what’s at stake

Locals called it a ‘miracle’ when the steel plant in JD Vance’s home town got $500m for an upgrade. But Trump’s running mate calls shifting the US to cleaner energy a ‘green scam’

The Guardian - US

Watch Gojira’s fiery Olympic Games performance get projected onto the Arc De Triomphe

Paris celebrated its recent hosting of the Olympics by blaring death metal from a national monument, complete with fire and spotlights

Metal Hammer

How to Structure Retirement Income to Tamp Down Taxes

From Social Security to IRAs and investments, with smart tax planning, retirees can have some control over how much of their income they'll get to keep.

Kiplinger

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‘Counterproductive and silly’: 30 years since the end of the bizarre Irish political voice ban

A new film looks at the restriction of broadcasting on named political groups in Northern Ireland – and the actors and comedians who benefited

The Guardian - UK

Should You Keep Your 401(k) When You Retire?

Here are three primary reasons you might want to consider moving your retirement money from your 401(k) to an IRA once you retire.

Kiplinger

J&J CEO Slams Biden's Drug Pricing Law, Says It Will 'Chill' Innovation

J&J CEO explained that the new drug-price negotiation law threatens development of new drugs, according to Bloomberg.

International Business Times

Why a Roth IRA is the 'holy grail' retirement account—no matter your income

"It’s the best possible retirement account anyone could own."

Fortune

Five December 31 Tax Deadlines for Retirees

The end of the year will be here before you know it, so it might be a good idea to start thinking soon about what you need to do for taxes before it arrives.

Kiplinger

Grow Your Investments Like Yale, Through a Self-Directed IRA

Yale's successful endowment focuses on alternatives. With a self-directed IRA, an individual investor could design a portfolio based on similar principles.

Kiplinger

Out Of 48M Retirement Accounts Analyzed, Only 497K Have $1M—Financial Expert Shares How To Reach That

The number of people with million-dollar retirement accounts is increasing. Consistent contributions and long-term planning are vital to reaching this goal.

International Business Times UK

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Kiplinger

Prepare to Start Taking Money Out of Your Inherited IRA

The IRS has issued final rules on taking required distributions from an inherited IRA, and warns that the reprieve on penalties for adult children and other non-spouse beneficiaries who don't comply will end in 2025.

Kiplinger

Five Things About Annuities That May Surprise You

They're more varied, flexible and cost-effective than most people think, so don't let their complexity scare you off.

International Business Times

Republicans Shouldn't Let Democrats Dominate On Healthcare Issues

Contrary to the conventional wisdom, Republican candidates don't need to shy away from healthcare debates -- especially not as they campaign against Kamala Harris.

Fortune

This 'ticking time bomb' could decimate your retirement savings

"The IRA is an IOU to the IRS" says the expert, who adds that the idea of a lower tax bracket in retirement is often a myth.

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Top News

Yellen Warns Of Job Losses In North Carolina

Treasury Secretary Yellen warns North Carolina voters of job losses if IRA provisions are weakened. Debate over tax incentives continues between Democrats ...

Metal Hammer

“In the future, we are going to be everywhere”: Slipknot’s Shawn ‘Clown’ Crahan wants to play the Olympics in 2028

Will Slipknot follow Gojira’s lead and play the 2028 Olympics in L.A.? “We’d love to do it,” says Clown.

Metal Hammer

You can now stream Gojira’s performance at the 2024 Olympic Games on Spotify, Apple Music, etc.

Relive the greatest metal moment of the year wherever and whenever you like!

International Business Times UK

Netflix's Ramit Sethi Says You Can Retire A Multi-millionaire And Build Generational Wealth In Seven Steps—Here's How

Millionaire author Ramit Sethi shared his detailed retirement strategy of diversifying investments in often-overlooked retirement accounts to help protect investments and capital gains from taxes, inflation, and market volatility.

The Guardian - US

How Exxon chases billions in US subsidies for a ‘climate solution’ that helps it drill more oil

Climate experts raise red flags as oil giant spends millions lobbying while touting ‘underperforming’ carbon capture

Fortune

The second quarter saw over 34,000 people become millionaires

Fidelity says nearly a half million of the accounts top the benchmark.

Kiplinger

Parents: Nine Ways to Jump-Start Your Teenager's Financial Future

The best financial education starts at home.

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