Retiring at 63 can create an income gap if you delay Social Security. One option is to use 401(k) withdrawals as a temporary bridge, which…
Jaguar Land Rover expanded an existing recall to include an additional 23,677 vehicles over an electronic system error that may lead to the loss of drive power and exterior lighting, according to federal regulators. About…
A mega backdoor Roth 401(k) can give high earners a way to save even more for retirement. This strategy allows them to put substantially more money into Roth savings than standard contribution limits normally allow. The strategy uses after-tax 401(k) contributions that are later converted to Roth, potentially creating years…
Social Security beneficiaries are expected to see a larger cost-of-living adjustment (COLA) in 2027 than they received for this year, according to new estimates that follow the release of August inflation data. By law, the annual Social Security COLA is calculated using the Bureau of Labor Statistics’ consumer price index…
An Amtrak construction crew accidentally cut a fiber-optic line in New Jersey, triggering a telecommunications outage that forced the Federal Aviation Administration (FAA) to pause flights across parts of the Northeast, Transportation Secretary Sean Duffy said Monday afternoon. “An Amtrak construction crew accidentally cut into a fiber line in New…
An equipment outage has grounded planes at some major airports in New York, New Jersey and Pennsylvania on Monday, the Federal Aviation Administration (FAA) said. “The FAA is pausing flights into Philadelphia International, Teterboro and Newark Liberty International airports due to issues with some frequencies at Philadelphia TRACON,” the FAA…
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Inflation remained elevated in August even as the pace of consumer price growth from a year ago remains elevated, as the Federal Reserve considers a potential interest rate hike next month. The Bureau of Labor…
