Federal employees postpone retirement due to ongoing savings shortfalls
Retirement Confidence Survey Insights How long have you served in federal employment, or are you considering doing so after retirement? Many of you might already be retired under the Federal Employees Retirement System (FERS). Before diving into what FERS entails, let’s examine key findings from the 2025 Retirement Confidence Survey. This survey, the longest of […]
Many Long Island police officers likely to take advantage of Nassau’s early retirement offers while the county anticipates $27 million in savings.
Nassau Police Buyout Program Sees Significant Participation Approximately 250 veteran officers from the Nassau Police Department have opted for a buyout under an early retirement incentive program, according to officials. This initiative targets full-time employees with over ten years of service, part of a broader cost-cutting strategy put forth by Nassau Executive Bruce Blakeman. He […]
Minnesota Medicaid evaluation discovers $1 billion in possible savings
Minnesota Medicaid Program Study Reveals Financial Vulnerabilities A recent study commissioned by the state of Minnesota has uncovered significant financial weaknesses within the state’s Medicaid program. Conducted by Optum State Government Solutions, the assessment analyzed nearly four years of insurance claims data and identified vulnerabilities in 14 high-risk service areas. It suggested that implementing clearer […]
This week’s discounts at Best Buy: Enjoy savings of up to 35% on laptops, appliances, robot vacuums, and more
Best Buy Offers Great Deals on Electronics and Household Items Best Buy has launched some enticing sales featuring everything from essential tech gadgets to household appliances. This week, shoppers can snag various deals, including Bose headphones for around $130 off, a 75-inch Samsung TV at a $200 discount, and a KitchenAid dishwasher more than 30% […]
New retirement law allows employers to combine emergency savings with 401(k)s, but few are taking advantage of it.
Survey Reveals Employers Hesitant to Merge 401(k) Plans with Emergency Savings A recent survey indicates that employers are showing limited interest in integrating emergency savings options with 401(k) plans for their employees. Starting in 2024, companies can permit emergency withdrawals of up to $1,000 from retirement savings and offer linked emergency savings accounts, but these […]
Gavin Newsom describes Trump’s climate deregulation as a ‘death sentence’ for US car manufacturers while Californians enjoy $2,400 in savings.
Newsom Criticizes Trump’s Environmental Deregulation California Governor Gavin Newsom has claimed that the extensive environmental deregulation under the Trump administration could spell disaster for the U.S. auto industry. He criticized these rollbacks, which he argues save California drivers approximately $2,400, while he simultaneously seeks to highlight his administration’s role in fostering innovation in manufacturing. During […]
Are Banks Threatening Your Savings?
America’s Banks and Your Money For many years, major banks in the U.S. have been managing your funds in ways that benefit them more than you. And they’re clearly coming out ahead. Companies like BlackRock, Wells Fargo, JP Morgan, and Bank of America offer a meager interest rate of 0.4% on your savings. Meanwhile, they […]
Colorado’s Family Affordability Tax Credit will provide significant savings.
February 7, 2026, 5:03am MT A new tax credit is being introduced in Colorado for this filing season, contingent on the state meeting certain revenue levels. The Family Affordability Tax Credit is aimed at low-income families with children, potentially providing significant deductions—ranging from hundreds to thousands of dollars—depending on individual circumstances. As tax season approaches, […]
They had sufficient savings to retire, but then living expenses increased.
When Diane Weatherington retired in 2020 after a long career as a purchasing and contracting agent, she believed she had enough savings to enjoy a comfortable life, travel, and spend time with her six grandchildren. However, stuck at home in Altamonte Springs, Florida, during the COVID-19 pandemic, she sought ways to keep busy. Consulting for […]
Americans Aged 55 to 64 Share Their Retirement Savings and Those Who Have Nothing
Key Takeaways As per 2022 Federal Reserve statistics, only 57% of individuals aged 55 to 64 have a retirement account, a rate not seen in nearly 30 years. For those with retirement accounts in this demographic, the median balance stands at $185,000. Recent Empower figures indicate median savings of $253,454 for people in their 50s […]