Record share of Americans are tapping 401(k)s for hardship withdrawals
More Americans are digging into their retirement savings for emergency expenses, research from Vanguard shows.
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More Americans are digging into their retirement savings for emergency expenses, research from Vanguard shows.
Many people in their 50s are part of the so-called "sandwich generation" of workers who support both young relatives and aging parents.
The investigation into a listeria outbreak linked to deli meats from Boar's Head continues, Eli Lilly is cutting the price of its weight loss drug Zepp and the number of "401k millionaires" is growing.
Older Gen Xers are turning 59 ½ this month, when they can withdraw retirement assets without a penalty. But many don't have enough saved.
"The American Dream of retirement is going to be a nightmare for too many Gen-Xers," one expert said.
More employees are tapping their nest eggs to cover financial emergencies, from medical care to avoiding eviction.
The fight over the nation's debt limit could have very real implications on everything from your 401(k) to Social Security.
Saving $1 million for retirement may sound like an impossible task that not many people have achieved.
According to personal finance website GoBankingRates.com, 42 percent of Americans polled said they have less than $10,000 saved for their eventual retirement.
SurePayroll's General Manager Andy Roe investigates why a majority of small businesses offer little to no retirement plan options.
Whether you're 25 or 55, you know you'll want to retire one day – and to retire in comfort you must save. These five simple steps can help you make a big difference in your efforts to reach retirement with lots of money in your retirement account.
Most tax filers are getting a refund after they file their 2012 return. With the average refund running about $3,000, a lot of people will be thinking about what to do with the extra cash.
A judge has upheld most aspects of a new law requiring Michigan public school employees to pay more for their pensions.
A judge has temporarily blocked full implementation of a new law requiring Michigan public school employees to pay more for their pensions.
The Michigan House has approved legislation ending state-provided health care coverage in retirement for new teachers but not a provision forcing them into a 401(k)-style retirement plan.
New teachers in Michigan still would get hybrid pensions under changes made to a teacher benefits bill.
The Michigan Senate has passed a bill that would end pensions for newly-hired public school workers and instead give them 401-k's.
One investment expert recommends investors stay conservative in 2012.
Legislation aimed at reining in retiree benefit costs for Michigan state workers was approved Thursday by the Republican-led House Appropriations Committee.
If you're looking to lay blame for higher gas prices, you might want to look no further than your own 401k retirement account.
Click to view investment workshops for the month of February 2012.
Michigan utility customers who lost power for an extended period after Friday's storm are eligible for automatic bill credits of $42 per day — no application required.
A memorial service was held over the weekend in western Colorado for three firefighters who were killed late last month battling a wildfire.
A 37-year-old man is dead after being struck on the North Interstate 94 Service Drive in Van Buren Township.
Some Michigan residents may have already cast absentee voter ballots with Mallory McMorrow as their Democratic candidate. Here's how to redo that vote.
Former NBA All-Star/entrepreneur Jalen Rose, DTE's Trevor Lauer and Oakland University president Ora Hirsch Pescovitz headline an all-star Michigan Matters episode.
Michigan utility customers who lost power for an extended period after Friday's storm are eligible for automatic bill credits of $42 per day — no application required.
A man was shot by an officer and taken into custody after a confrontation with law enforcement just outside a Sheetz gas station in Taylor.
Two children died as a result of carbon monoxide poisoning in a garage in Sumpter Township, Michigan, police say.
Those who were injured during a shooting on Saturday night in Mt. Clemens shooing ranged in age from 10 to 36, deputies said.
The number of reported cases of the intestinal illness cyclosporiasis has risen to 572, up from 300-plus on Thursday, the state's Department of Health and Human Services said Saturday.
As the United States marks its 250th birthday, Ford Motor Company is showcasing more than a century of automotive history in a new exhibit that explores the company's role in shaping America.
The Detroit Auto Show has spent more than a century evolving alongside the auto industry. It has grown from a small, local exhibition into one of the world's premier automotive events.
The Pontiac Star Car Reunion at the Oakland Expo Center features a wide range of vehicles.
President Trump says major automakers Ford and General Motors are in talks with defense contractors about possibly repurposing some plants for weapons production.
According to AAA, the average cost of gas statewide sits at $4.07.
Taylor Swift and Travis Kelce were married as they celebrated their wedding with hundreds of guests Friday at Madison Square Garden in New York City.
The Hitsville USA campus is undergoing a $75 million donor-funded expansion that includes a theater, recording studio, and immersive exhibits, with a grand reopening planned for 2027.
Grammy Award-winning rapper and recording artist Ludacris won't be performing at the National Cherry Festival in Traverse City, Michigan, after initially being billed for the event due to an "unforeseen scheduling conflict," according to organizers.
National Detroit-style Pizza Day is June 23, a date tied to a dish that traces its roots to a Detroit neighborhood bar and a Sicilian family recipe from 1946.
Crews have been preparing all morning, getting everything ready for the show just after 10 p.m.
Microsoft moves to slash costs as the video game industry faces what the tech giant calls the "most severe hardware crisis in its history."
Europe's soccer governing body and prominent commentators have criticized the decision, which allows Folarin Balogun to play against Belgium.
As the United States marks its 250th birthday, Ford Motor Company is showcasing more than a century of automotive history in a new exhibit that explores the company's role in shaping America.
State Sen. Mallory McMorrow announced on Sunday that she is suspending her campaign for Senate, narrowing the Democratic field ahead of the competitive August primary.
Prosecutors will present their case this week against Tyler Robinson, the man accused of killing conservative activist Charlie Kirk.
Two children died as a result of carbon monoxide poisoning in a garage in Sumpter Township, Michigan, police say.
Rescue efforts for over a dozen cats in a Redford Township, Michigan, home found with animal hoarding will now take even longer after police say people broke into the residence on Saturday night.
The number of reported cases of the intestinal illness cyclosporiasis has risen to 572, up from 300-plus on Thursday, the state's Department of Health and Human Services said Saturday.
Cyclosporiasis isn't deadly, but state health officials say it can cause diarrhea, nausea, bloating and cramps.
The heat wave can even be dangerous if you don't take extra precautions to stay cool.
Balogun's reinstatement came after President Trump called FIFA President Gianni Infantino last week and asked for a review of the red card suspension.
Riley Greene hit a two-run homer in the first inning, Jack Flaherty pitched three-hit ball over 5 2/3 innings and the Detroit Tigers beat the Texas Rangers 3-0 on Saturday.
The Rangers matched a season high with 17 hits en route to their seventh victory in eight games.
Folarin Balogun got the scoring going with a goal in the 45th minute, but was sent off with a controversial red card in the 64th minute.
Camilo Doval forced in the go-ahead run with a bases-loaded walk in a four-run 11th inning that gave the Tigers a 6-2 victory over the Yankees on Wednesday.
Former NBA All-Star/entrepreneur Jalen Rose, DTE's Trevor Lauer and Oakland University president Ora Hirsch Pescovitz headline an all-star Michigan Matters episode.
Mark Hollis, COO of Rocket Entertainment and tournament director of the PGA Tour's Rocket Classic, appears on Michigan Matters.
Former U.S. Energy Secretary and Michigan Gov. Jennifer Granholm appears exclusively on CBS Detroit's Michigan Matters.
We're in the throes of the 100 most dangerous driving days of the year as more folks take to the road for vacations.
Four leaders appear in one-on-one conversations on CBS Detroit's Michigan Matters this Sunday to discuss their political futures and the road ahead in the 2026 midterms.
A Virginia man has been charged in a crash that killed a family of four on I-75 in Oakland County.
Two children died as a result of carbon monoxide poisoning in a garage in Sumpter Township, Michigan, police say.
Daily NewscaA man was shot by an officer and taken into custody after a confrontation with law enforcement just outside a Sheetz gas station in Taylor, Michigan, police said.
Thousands of DTE Energy customers in Metro Detroit are still without power days after severe weather struck on Friday and many are now facing the added financial hit of spoiled food — though some may be eligible for automatic bill credits.
An investigation is underway into a shooting at a block party in Mount Clemens that left three adults and two children hurt over the weekend.