Topic: Financial Planning
Market rebounds, but workers have minimal savings
AP News
Workers struggle to save for retirement, more report they have nothing set asideTom Taormina is 65 and has no retirement savings. The Virginia City, Nev., business consultant said it's not for lack of trying. He and his wife, Midge, have tried to save and at one time invested in ...
CASH FLOW
AP News
January spending increases but income growth slows
AP News
Spending grows 0.5 pct in January while incomes lag, raising worries about economic recoveryPersonal spending jumped by a larger amount than expected in January but Americans' incomes barely budged as millions of Social Security recipients did not get their usual cost of living boost. The weak income growth could ...
Biden announces retirement savings safeguards
AP News
Biden announced new protections for retirement savings accountsThe Obama administration on Friday proposed new regulations aimed at protecting workers' retirement savings from unethical financial advisers. The safeguards would protect workers from conflicts of interest on the part of advisers who manage their 401(k)s and individual retirement accounts. The ...
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