Monthly Archives: August 2023
Retirees Applaud Release of the First Ten Drugs That Medicare Will Negotiate Prices For With Drug Corporations
Statement by Richard Fiesta, Executive Director of the Alliance for Retired Americans on the Centers for Medicare and Medicaid Services’ release of the first ten drugs that will be subject to price negotiation. “It’s a landmark day for older Americans.
Coming Soon: Revenge of the Baby Boomers
Baby boomers, who make up a significant portion of the US population and control a large portion of the nation’s wealth, want their retirement savings protected.
Good News for People Who Make $145K: IRS Delays New Catch-Up Contribution Rule Until 2026
The IRS recently announced some welcome news for higher-income workers with 401(k)s and similar retirement plans. The agency delayed implementing a new rule that would have required catch-up contributions made by people earning over $145,000 to be directed into an
There Are More 401(k) and IRA Millionaires Than Ever in 2023: Here’s How You Can Get There
Financial services firm Fidelity revealed in a recent study that nearly 80,000 of its retirement account investors achieved millionaire status during the second quarter, for 10% more 401(k) clients and 13% more IRA clients holding balances worth $1 million or
House sales to slump to lowest in over a decade
House buying is set to be at its lowest since 2012, according to property website Zoopla.
Scams impersonating financial regulator double
The Financial Conduct Authority says reports of scammers impersonating it have doubled.
Cancelled flights: Air traffic disruption caused by flight data issue
Passengers are warned to expect knock-on disruption in the days ahead after the Bank Holiday Monday issue.
Ryanair says air traffic failure is not acceptable
Airline boss Michael O’Leary asks why there was no back-up system after glitch causes travel chaos.