Americans’ outlook on retirement darkens to 11-year low

Americans’ outlook on retirement darkens to 11-year low

CNN — In the latest sign of economic pessimism, Americans are increasingly concerned that they will not be able to retire comfortably, according to a Gallup survey first shared with CNN on Wednesday. Only 43% of non-retired adults believe they will have enough money to live comfortably in retirement, according to Gallup. This is the … Read more

A’s and Nevada leaders reach tentative deal

A’s and Nevada leaders reach tentative deal

CARSON CITY, Nev. (AP) — Republican Nevada Gov. Joe Lombardo on Wednesday announced a tentative agreement with the Oakland Athletics and legislative leaders for a stadium funding plan after weeks of negotiations over the state’s contribution. state at a $1.5 billion baseball stadium in Las Vegas, according to a joint statement. The tentative agreement says … Read more

Will Social Security exist for Millennials and Gen Z?

Will Social Security exist for Millennials and Gen Z?

An infamous 1994 poll found that 46% of young Americans believed in UFOs, while only 25% believed they would receive their Social Security benefits. Fast forward nearly 30 years, and nearly three in four Americans (74%) say they do not rely on Social Security benefits when planning their retirement income, according to recent research by … Read more

Vinícius Júnior’s racism in football dispute sparks heated debate off the pitch in Spain

Vinícius Júnior’s racism in football dispute sparks heated debate off the pitch in Spain

MADRID (AP) — Repeated racist slurs against Brazilian soccer star Vinícius Júnior have sparked a heated debate in Spain about tolerance for racism in a rapidly diversifying society on and off the pitch. Since the start of the season in August, the Real Madrid winger has suffered racist abuse from fans of at least five … Read more

Strategies of a “Happy Investor” and How She Builds Generational Wealth

Strategies of a “Happy Investor” and How She Builds Generational Wealth

The investment information provided on this page is for educational purposes only. NerdWallet does not provide advisory or brokerage services, and does not recommend or advise investors to buy or sell particular stocks, securities or other investments. When Ange Matthews started her first full-time position as an associate recruiter in 2007, she earned $40,000. After … Read more

My sister blocked my number. Should I remove it from my $70 family phone plan?

My sister blocked my number.  Should I remove it from my  family phone plan?

My sister and I, two married adults, have encountered major problems in our relationship. We have always been close but grew up in a tumultuous household that left both of us with deep emotional scars. Recently, she decided at least, in my opinion, to project her emotional baggage onto me. This caused her to not … Read more

There may never be a better time to start a retirement plan

There may never be a better time to start a retirement plan

Compassionate Eye Foundation/Steven Errico Small businesses have new incentives to help their employees plan for retirement, thanks to Secure 2.0, a sweeping pension reform bill signed into law late last year. The incentives, which include particularly attractive tax credits for businesses with 50 or fewer employees, are designed in part to encourage small businesses to … Read more

These “curve balls” could sabotage your retirement

These “curve balls” could sabotage your retirement

There’s an old Yiddish phrase, “Man plans and God laughs,” which seems particularly apt for retreat. You may have been saving up for this stage of life and thinking about what you will do with your new free time. But chances are you’ll find yourself facing what a new retirement study from financial services firm … Read more

My husband passed away and his HSA funds were sent to me. Do I have to pay taxes on it?

My husband passed away and his HSA funds were sent to me.  Do I have to pay taxes on it?

Posted: May 19, 2023 2:05 PM ET My husband passed away on November 5, 2022 and left no will. So I created an estate, with an EIN number, and I have been the administrator since December 5, 2022. I found a health savings account in which I contacted the HSA bank and after many emails … Read more

My husband passed away and his HSA funds were sent to me. Do I have to pay taxes on it?

My husband passed away and his HSA funds were sent to me.  Do I have to pay taxes on it?

My husband passed away on November 5, 2022 and left no will. So I created an estate, with an EIN number, and I have been the administrator since December 5, 2022. I found a health savings account in which I contacted the HSA bank and after many emails and documents they sent me a check … Read more