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Whether to take a lump sum payment or a monthly payment is one of the most important retirement planning decisions you'll make. Don't make this decision without carefully considering all the factors. Don't bet your life!
Raiding your nest egg isn't as terrible as you may think, Eric Schurenberg says. But you need to be smart about it.
Higher income taxpayers will be the most severely impacted. If that includes you, then have a discussion about these tax planning strategies with your tax and financial advisor sooner rather than later.
Six new board games, and some old ones, that will help your child soak up valuable money wisdom without trying.
Beginning this January if you have OTC medications you pay for with a Flexible Spending Account (FSA) or Health Reimbursement Arrangement (HRA) you're going to need to get a doctor's prescription to be able to continue to have your plan cover the cost.
Retirement planning is the ultimate exercise in delayed gratification. And let's face it, delayed gratification is not exactly our collective strong suit. Here's how to push yourself past your procrastinating ways and get your retirement plan in great shape.
Despite a growing recognition that kids need to learn more about money, they aren't. Here are some age specific guidelines for teaching your children how to manage their cash.
Olympic gold-medal swimmer Wendy Boglioi talks about her family's struggle with providing long-term care for both of her parents. As a result of her experience, she shares two compelling pieces of advice for boomers.
Worried that rocky markets will destabilize your retirement? John Carl of the Retirement Learning Center has advice on rebuilding retirement savings.
Let's take a test drive of a simple online program that calculates your retirement income. You'll see how to generate a retirement income that can last as long as you do.
There are many options available to borrowers to make their student loan payments more manageable. Here are a few.
How much money will you need in retirement? Set up a plan and find a good financial advisor, says Jill Schlesinger.
Folks struggling to repay student loans should not simply give up. There are more incentives and repayment options allowed for student loans than any other debt and credit obligations.
Kids spend to much money in general, and there are signs that pre-recession bad habits are resurfacing. Help them get their spending in control without sacrificing these four pillars of good financial management.
Generating a lifetime retirement income from your retirement nest egg is one of the biggest challenges facing boomers. There are many approaches to figuring out how much to draw down each year from your retirement savings, ranging from buying an immediate annuity to doing it yourself. Here's how one actuary did this for his own retirement.
Dr. Anthony Fauci is testifying to the Senate on the origins of the COVID-19 pandemic, setting up a showdown between the infectious disease expert and GOP Sen. Rand Paul.
The Middle East war is expanding after 5 months, with Iran going on the offensive and the U.S. and Saudi Arabia jointly striking Iranian proxy groups in Iraq.
President Trump asked for 3D models of the renovation proposals as he personally tweaked ideas to overhaul Dulles International Airport that are scheduled to be unveiled on Wednesday.
Former FBI Director James Comey filed new motions late Tuesday in his effort to toss out federal charges accusing him of threatening President Trump's by posting a photo of seashells arranged to form the numbers "86 47."
"Ask a Doctor" columnist Dr. Trisha Pasricha joined "Healthful" to discuss the brain-gut connection.
Congress appropriated $345 million for the Agency for Healthcare Research and Quality for the 2026 fiscal year, but the agency has spent less than $15 million on grants.
The powerful earthquake that rocked southern Japan has killed at least 18 people and more remain missing in a damaged shopping mall and a paper factory.
The U.S. and Saudi militaries announced airstrikes late Tuesday on Iranian-backed groups in Iraq, after Iran and its proxies allegedly targeted American forces.
"60 Minutes" announced ahead of its 59th season that Ross Douthat, Sebastian Junger, Gianna Toboni and Trevor Phillips will join the show.
The storm system that brought dangerous tornadoes to the Midwest earlier this week has now moved into New England, threatening to cause flooding in multiple states.
"Ask a Doctor" columnist Dr. Trisha Pasricha joined "Healthful" to discuss the brain-gut connection.
Dr. Anthony Fauci is testifying to the Senate on the origins of the COVID-19 pandemic, setting up a showdown between the infectious disease expert and GOP Sen. Rand Paul.
Former FBI Director James Comey filed new motions late Tuesday in his effort to toss out federal charges accusing him of threatening President Trump's by posting a photo of seashells arranged to form the numbers "86 47."
According to the Air Traffic Control System Command Center, all airports and facilities were being impacted by the IT outage.
The Federal Communications Commission is banning imports of new foreign-made humanoid robots and power inverters, citing national security risks, in a move that targets China.
Millions of Canadians shunned travel to the U.S. in 2025, opting to vacation at home or travel to other countries.
U.S. households will spend roughly $4,000 per student on school supplies and lunches this year, a new analysis found.
Johnson & Johnson has offered $5.5 billion to settle tens of thousands of lawsuits claiming its baby powder and other talcum powder products caused ovarian cancer, the company says.
Rep. Robert Garcia is seeking information about whether Taylor Farms used White House ties to influence the federal response to the foodborne illness outbreak.
Dr. Anthony Fauci is testifying to the Senate on the origins of the COVID-19 pandemic, setting up a showdown between the infectious disease expert and GOP Sen. Rand Paul.
Congress appropriated $345 million for the Agency for Healthcare Research and Quality for the 2026 fiscal year, but the agency has spent less than $15 million on grants.
Former FBI Director James Comey filed new motions late Tuesday in his effort to toss out federal charges accusing him of threatening President Trump's by posting a photo of seashells arranged to form the numbers "86 47."
The U.S. and Saudi militaries announced airstrikes late Tuesday on Iranian-backed groups in Iraq, after Iran and its proxies allegedly targeted American forces.
In the year since President Trump signed an executive order aimed at moving homeless people off the streets, states have expanded involuntary treatment for the homeless.
"Ask a Doctor" columnist Dr. Trisha Pasricha joined "Healthful" to discuss the brain-gut connection.
Congress appropriated $345 million for the Agency for Healthcare Research and Quality for the 2026 fiscal year, but the agency has spent less than $15 million on grants.
A key question in the Massachusetts murder trial of Lindsay Clancy is whether postpartum psychosis drove her to kill her three children.
Actor William Shatner and his daughter, Melanie Shatner Gretsch, recall how they helped each other as they fought Stage 4 cancer side by side.
Carly Simon, the singer known for 1970s hits like "You're So Vain," announced she has Parkinson's disease and also was treated for basal cell carcinoma.
Ecuador has become a cocaine trafficking hub, plagued by gangs with ties to Mexican and Colombian cartels.
Soon after the charges were announced, Telegram's official account on X posted an image of Durov making an obscene gesture.
The war in the Middle East is expanding, with Trump threatening Iran with "a beating" and the U.S. and Saudi Arabia jointly strike Iranian proxies in Iraq.
The powerful earthquake that rocked southern Japan has killed at least 18 people and more remain missing in a damaged shopping mall and a paper factory.
The U.S. and Saudi militaries announced airstrikes late Tuesday on Iranian-backed groups in Iraq, after Iran and its proxies allegedly targeted American forces.
Actor William Shatner and his daughter, Melanie Shatner Gretsch, recall how they helped each other as they fought Stage 4 cancer side by side.
Legendary actor William Shatner and his daughter Melanie Shatner Gretsch are opening up about their battles with Stage 4 cancer nearly at the same time as each other. Both are now cancer-free and share how they helped each other through the challenging time.
Moviegoers are turning out in droves for the IMAX spectacle "The Odyssey," but they're also flocking to something else: the 2,700-year-old source material. Matt Gutman has more.
Comedian Jeff Arcuri became a sensation on social media after more than a decade of performing at comedy clubs. He talks about his debut stand-up special, "Jeff Arcuri: Nice to Meet You," his comedy reaching new audiences and a time when crowd work didn't go as expected.
Carly Simon, the singer known for 1970s hits like "You're So Vain," announced she has Parkinson's disease and also was treated for basal cell carcinoma.
Apple announced on Tuesday a new program called "Apple Upgrade," which allows consumers the option to lease new devices. It applies to everything from watches to laptops. Kelly O'Grady explains.
Nearly 1,200 AI workers signed a letter on Tuesday, asking the U.S. government to slow down the development of the technology. Jo Ling Kent has more.
From labor shortages to environmental impacts, farmers are looking to AI to help revolutionize the agriculture industry. One California startup, Farm-ng, is tapping into the power of AI and robotics to perform a wide range of tasks, including seeding, weeding and harvesting.
A new study from the University of California, Los Angeles, shows that children who own personal cellphones scored lower on reading comprehension tests, even if they don't bring their phones to school. Study author Dr. Patricia Greenfield joins CBS News with key takeaways for parents and educators.
The Federal Communications Commission is banning imports of new foreign-made humanoid robots and power inverters, citing national security risks, in a move that targets China.
Science shows us that, even though plants don't have brains, they seem to have a nervous system that responds to touch in remarkable ways. Robert Krulwich and puppeteer Barnaby Dixon explore the science of thigmomorphogenesis (the phenomenon of plants reacting to outside stimulae), a discussion that plants the seeds for a song.
Nearly 30 beluga whales were sent to aquariums across the U.S. in a multinational emergency operation after their home aquarium in Canada shuttered. Jared Ochacher reports.
Elon Musk's aerospace company, SpaceX, launched its massive Starship rocket in its first test flight since the company went public. Since achieving the largest IPO in history, SpaceX's stock has dropped drastically. Mark Strassmann takes a look.
Millions of people are enduring dangerous air quality as Canadian wildfire smoke shrouds the skies. Jonathan Overpeck, dean of the School for Environment and Sustainability at the University of Michigan, explains how climate change is worsening wildfires.
New York has become the first state to impose a temporary moratorium on data center development while state lawmakers lay the groundwork to assess environmental and social impacts. Dr. Mike Weinstein, the director of sustainability at Southern New Hampshire University, explains what we know about the wider environmental impact data centers.
Ecuador has become a cocaine trafficking hub, plagued by gangs with ties to Mexican and Colombian cartels.
Sixteen-year-old Colt Gray was sentenced to life in prison on Tuesday for the 2024 shooting at Georgia's Apalachee High School which killed four people.
A judge on Tuesday sentenced Colt Gray to life in prison without the possibility of parole. Gray pleaded guilty to killing four people in the deadly 2024 shooting at Apalachee High School. CBS News correspondent Skyler Henry has the latest.
Colt Gray, the teenager who admitted to killing four people in the 2024 shooting at Apalachee High School, will spend the rest of his life in prison without parole.
Seattle police are hunting for a third suspect being linked to a deadly shooting at a food festival near the Space Needle. CBS News' Carter Evans reports.
The Soyuz MS-28 landing in Kazakhstan brought a 241-day stay in space to a successful conclusion.
An upgraded version of the world's most powerful rocket is key to landing NASA astronauts on the moon in the agency's Artemis program.
When scientists examined the preserved fragments of a meteorite that crashed in 2024, they found brine-like fluids and key molecules.
The new crew will replace three other Soyuz fliers wrapping up a 240-day stay aboard the International Space Station.
The sugar, called erythrulose, lurks in what's called the interstellar medium: thin clouds of gas and dust littered between stars.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
The Obama Presidential Center, museum and library opens in Chicago with a star-studded grand opening ceremony and public watch party on Midway Plaisance.
Summer is the time to enjoy live music, indoors and out. Scroll through our gallery of some of 2026's leading musical acts, featuring images by CBS News photojournalist Jake Barlow and photographers Ed Spinelli and Kirstine Walton.
Does the evidence show a cover-up, or was Todd Kendhammer wrongfully convicted for the murder of his wife?
Family seeks answers in death of newlywed who disappeared in 2005 while on Mediterranean honeymoon cruise.
Apple announced on Tuesday a new program called "Apple Upgrade," which allows consumers the option to lease new devices. It applies to everything from watches to laptops. Kelly O'Grady explains.
Nearly 1,200 AI workers signed a letter on Tuesday, asking the U.S. government to slow down the development of the technology. Jo Ling Kent has more.
A new study from the University of California, Los Angeles, shows that children who own personal cellphones scored lower on reading comprehension tests, even if they don't bring their phones to school. Study author Dr. Patricia Greenfield joins CBS News with key takeaways for parents and educators.
More than 2,500 firefighters in France are battling fires across the country. Meanwhile in Spain, over 1,000 firefighters are trying to contain 16 active fires, with the Avila Fire the country's worst on record. Ramy Inocencio reports.
American and Saudi forces launched precision strikes against Iran-backed militias in Iraq. Meanwhile, Tehran fired ballistic missiles toward American forces, which U.S. commanders called an attempted surprise attack. Charlie D'Agata has the latest.