Floating Antarctic ice goes from record high to record lows
Difference covers an area bigger than Mexico The amount of ice circling Antarctica is suddenly plunging from a record high to record lows, baffling scientists. Floating ice off the southern continent steadily increased from 1979 and hit a record high in 2014. But three years later, the annual average extent of Antarctic sea ice hit […]
Senate slowdown
Bills are spending more than twice as long in the Senate since Prime Minister Justin Trudeau’s reforms to the upper house of Parliament, raising the question of who should get the credit for the chamber’s more thorough approach — or the blame for its plodding pace. From 2011 to 2015, when the Senate was controlled […]
70% of Americans Aren’t Saving for Retirement for This Reason
Without independent savings, retirees risk struggling to keep up with their bills at a time in life when generating extra income may not be so easy. Contrary to what some have been led to believe, Social Security doesn’t provide enough income for seniors to live on. Those benefits only replace about 40% of the average […]
More than 1 in 5 say retirement savings are worse now than before the Great Recession
As America marks the 10th anniversary of the end of the Great Recession in June, a new Bankrate survey Opens a New Window. finds that more than 1 in 5 (22%) Americans who were adults when the recession started in December 2007 say their retirement savings are worse now than they were before it hit. […]
Tying the knot? Some couples may face a ‘marriage tax penalty’
If you’re heading down the aisle this year, your tax situation is likely the last thing on your mind. Yet at some point, it’s probably worthwhile evaluating what getting married will mean for your taxes. While many couples will see their taxes drop, some face a “marriage penalty” — paying more than if they had […]
Worried about retiring? California will help you save money
Are you a worker worried you won’t have enough money to retire? Are you an employer who doesn’t offer either a pension or a 401(k) to your workers? If so, CalSavers is aimed at you. On July 1, California launches an ambitious state-sponsored retirement program for the private sector. All employers with five or more […]