miodrag ignjatovic The nation’s youngest workers appear to be taking the save-for-retirement message to heart, research suggests. Defined as workers ages 18 to 25, Generation Z is saving an average of 14% of their income for their golden years, according to new study from BlackRock. Among millennials (ages 26-42), Gen Xers (ages 43-55) and baby
Month: October 2022
If you had the choice, would you rather stand on the winner’s podium or watch as someone else stands on that platform? Be honest, now. When you enter a competition, do you just say you’re there simply for the experience or deep down, do you imagine yourself finishing first? There’s nothing wrong with wanting to
On October 6,2022, President Biden issued a statement on marijuana reform that outlined three steps to overcoming what he described as a “failed approach” to enforcing marijuana laws that resulted in Black and brown people being arrested, prosecuted, and convicted at rates disproportionate to their white counterparts. Of interest to the accounting and tax industry
New Jersey is the only state in the U.S. that doesn’t allow customers to pump their own gas — anywhere. There’s always an attendant on duty to pump gas for customers at these full-service stations. Oregon is the only other state besides New Jersey with a full-service law. However, Oregon’s laws are far less strict
In this article AXP BAC Follow your favorite stocksCREATE FREE ACCOUNT Shoppers carry bags in San Francisco, California, on Thursday, Sept. 29, 2022. David Paul Morris | Bloomberg | Getty Images U.S. consumers have demonstrated a willingness to continue to pay higher prices in the face of a sluggish economy that could be tipped into
Gary Burchell | Getty Images Company: Salesforce (CRM) Business: Salesforce is a global leader in customer relationship management (CRM) technology that brings companies and their clients together. It was founded in 1999 and is a pioneer in the cloud software space. It started as a tool to help enable sales teams to increase their productivity
When it comes to getting into college, every little bit helps. Often college hopefuls turn to applying early to their top school to gain that edge. By demonstrating a preference to a particular college, studies have shown, an early application can give you a leg up, which goes a long way in the hyper-competitive world
By Richard Eisenberg, Next Avenue Social Security is the cornerstone of retirement income; in fact, a third of retirees get 90% of their retirement income from Social Security. But if you’re confused about how its benefits are calculated and when you should start claiming them, you’re in good company. A new Bank of America survey
In the aftermath of increasingly common destructive weather nationwide, Upstate New York is emerging as one of the regional early adopters in embracing building design and construction methods specifically intended to help fend off climate change. In such New York State hamlets as Stone Ridge, Olivebridge, Callicoon, Cold Spring, Cooperstown and others, traditional design and
In this article HAL KO GOOGL MSFT META F AAPL AMZN Follow your favorite stocksCREATE FREE ACCOUNT CNBC’s Jim Cramer on Friday told investors that stocks will likely continue to do well as long as the economy holds up. “Many companies have battened down the hatches, so to speak, and prepped for a recession. So
Electric buses at a charging station. Koiguo | Moment | Getty Images Business owners will be able to avail themselves of a new tax credit for electric vehicles starting next year — and it should be easier to get than a similar tax break for consumer households buying “new clean” passenger cars, according to tax
Becoming a billionaire means caring a lot about making money, right? Wrong, says Mark Cuban. As Cuban built the tech companies in the 1990s that would eventually make him exorbitantly wealthy, he never prioritized personal riches, he told GQ on Wednesday. “I never, ever thought in terms of money,” he said. Instead, Cuban said his
Caroline Purser | The Image Bank | Getty Images The Biden administration could start discharging millions of Americans’ student debt as soon as Sunday. This is possible as some of the legal challenges brought against the sweeping policy by critics have failed in courts. A taxpayers group in Wisconsin earlier this week requested that the
In our work at AgingParents.com, we often hear from adult children that the elder in their lives absolutely doesn’t want to be “put in a home”. By that they typically mean that they fear giving up their own living situation and being forced to go elsewhere for some form of care. They extract promises from
At the most recent meeting of the American Bar Association’s Tax Section, the IRS noted that it was looking into solutions for preventing line-blocking technology from tying up IRS phone lines. The pilot program is going to use artificial intelligence technology to attempt to weed out calls made by these services. The initial roll out
Fifty-five years ago in the early winter of 1967, the grand opening of Snowmass, then known as Snowmass-at-Aspen, invited the world to the rugged mountainside of central Colorado to enjoy 50 miles of pristine ski trails serviced by five ski lifts. At that time, a lift ticket cost $6.50. Since then, much has changed for
Professor Monica Trujillo holds up wastewater samples at a lab at Queens College on August 25, 2022, in New York City. Since the first polio case was identified in July in New York’s Rockland County, the disease has been detected in New York City sewage, suggesting the virus is spreading. Angela Weiss | AFP |
In this article NFLX Follow your favorite stocksCREATE FREE ACCOUNT Netflix shares skyrocketed more than 14% after the bell Tuesday as the company posted better-than-expected results on the top and bottom lines. The streamer also reported the addition of 2.41 million net global subscribers, more than doubling the adds the company had projected a quarter
S3 Studio | Getty Images Check out the companies making headlines in midday trading. Snap — Shares of the Snapchat parent company cratered 28.1% after it missed revenue estimates and saw its slowest sales growth since going public as advertising spending slows. The results from Snap hit other ad-reliant stocks, sending shares of Pinterest and
Getty Images If you’re eager to save more for retirement in 2023, there’s good news from the IRS, which just announced higher limits for your annual 401(k) plan and individual retirement account contributions. The employee contribution limit for 401(k) plans is increasing to $22,500 in 2023, up from $20,500, and catch-up deposits for savers age
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