Money

What is a backdoor Roth IRA and how does it help high earners save for retirement?

What is a backdoor Roth IRA and how does it help high earners save for retirement?

[Music] The good news is we are living longer But saving for retirement is a big Concern for many Americans even those Who are considered high earners Sometimes if your income is considered Too high though you might miss out…

Why has hiring plunged for white-collar jobs?

Why has hiring plunged for white-collar jobs?

[Music] Well job growth across the US slowed but Remained healthy last month the labor Department says employers added 175,000 jobs in April that's still Strong but it's the smallest monthly job Creation recorded since October of last Year unemployment…

Biden economic advisor on April jobs data

Biden economic advisor on April jobs data

Job growth across the US slowed last Month in a sign the labor market may be Cooling this spring the labor department Says employers added 175,000 jobs in April that's the Smallest monthly job creation reported Since October of last…

U.S. added jobs in April: What to know

U.S. added jobs in April: What to know

Well job growth across the US slowed Last month and is signed the labor Market may be cooling this spring the Labor department says employers added 175,000 jobs in April that's the Smallest monthly job creation recorded Since October of…

Some 401(k) plans may cut you a monthly check

Some 401(k) plans may cut you a monthly check

So some companies in the US are offering 401K plans that actually come with Monthly checks according to the Wall Street Journal the offered plan turns a Portion of retirement savings into fixed Lifetime payments through Target date Funds that…

Breaking down the Fed decision to keep interest rates steady

Breaking down the Fed decision to keep interest rates steady

As expected the Federal Reserve is Keeping interest rates steady the move Comes as the FED continues to deal with Inflation the current range of 5.25% to 5.5% has now been in place Since July 2023 it's the highest level…