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If you want to make forward financial progress, you need to have the mindset of an accumulator of money and a disposer of debt, not the other way around. Here are six things you can do right now to change your money mindset.
While Congress and Corporate America dither over how (or whether) to give 401(k) plan participants clear fee information, a new firm, BrightScope, has beaten them to the punch with a free online tool that not only shows the fees charged, but also translates that into real dollar terms for investors. The killer app: showing participants in fee-sucking plans how much they can save between now and retirement by doing an IRA rollover.
While being auto enrolled in a 401(k) plan is better than doing nothing, it's not the best strategy for most folks. People who are automatically enrolled into their employers 401(k) plans should consider making these changes.
The income limits preventing higher income taxpayers from contributing directly to a Roth IRA still apply in 2010. But these individuals can still contribute to a traditional IRA and convert it to a Roth tax free. Watch my video tip to learn how it works.
The 401(k) may be an imperfect plan, but it's the best you've got. Until something better comes along, if ever, these three principles will help you make the most of it.
First the good news: Total retirement assets in America made a nice comeback in 2009, recouping 23 percent. So go ahead, open your year-end 401(k) statement. Now the "could be better" news: even with the 2009 rebound you may still be a tad shy of your goals. Here's how to give your 401(k) a quick tune-up.
Wealth management lessons from the wealthy. Merrill Lynch's latest Affluent Insights survey finds that most well-off folks haven't felt the need to do much belt tightening.
It's possible to put up to $12,000 into a Roth IRA this year and pay little to no taxes on it. MoneyWatch's Ray Martin explains.
Here's a nice alternative to the "save more, retire later" advice for fixing an expected retirement kitty shortfall: become an ex-pat. International Living has its top picks for retirement havens.
MoneyWatch's Jill Schlesinger explains how to determine the amount of money you'll want saved by the time you retire.
New fuel-economy rules require automakers to average 35.5 miles per gallon by 2016. To get there, the auto companies are rolling out a mix of technological innovations. That makes your car-buying calculus a bit trickier.
Market predictions look scientific, but for the most part they're just guess work.
Even experienced investors make mistakes. When Cal bought a second home with a bridge loan, he failed to keep in mind the No. 1 objective of successful financial planning: always keep your financial options open. If you're considering a big purchase, like real estate, be sure to have an exit strategy. Here's how to think ahead.
The markets are still making it tough for anyone in search of a decent income payout. Right now your best option can be to stop looking around the fixed income side of the market and set your sights instead on dividend-paying stocks. Plenty of blue-chips beat the payout on today's 5-year Treasury.
Credit-card users are not well served when politicians tell them that banks are the reason for their bloated debt and financial problems. If you think banks credit-card fees are the source of your financial troubles, then you have the mind set of a money loser. Here's how to turn that mindset around and get rid of credit-card troubles for good.
U.S. officials and negotiators were discussing a process to reopen the Strait of Hormuz, sources briefed on the conversations said.
Kyle Busch, who won more races in NASCAR's top three series than anyone in history, died suddenly on Thursday.
Secretary of State Marco Rubio said "there might be some news a little later today" when asked about the Iran negotiations.
The tank at GKN Aerospace is estimated to contain 7,000 gallons of methyl methacrylate, a volatile chemical used to produce plastics.
At the same time, Tehran is reviewing the latest U.S. proposal for a possible agreement to end the nearly three-month war.
The three workers, who died in March, were "among the first known victims of the outbreak," the Red Cross said.
The GOP senator said the meeting included "screaming," adding that "fiery does not begin to cut it."
A federal district judge granted Kilmar Abrego Garcia's motion to dismiss two criminal charges on the grounds his prosecution was vindictive and selective.
The Trump administration on Friday announced a sweeping policy designed to make it harder for immigrants already in the U.S. to get permanent residency.
Kyle Busch, who won more races in NASCAR's top three series than anyone in history, died suddenly on Thursday.
U.S. officials and negotiators were discussing a process to reopen the Strait of Hormuz, sources briefed on the conversations said.
The tank at GKN Aerospace is estimated to contain 7,000 gallons of methyl methacrylate, a volatile chemical used to produce plastics.
Kindness 101 is a program that uses the stories CBS News finds in our "On the Road" series to teach kindness and character. The stories are paired with lesson plans created by a nonprofit at Iowa's Drake University called "Character Counts!"
Perfecting SpaceX's mammoth rocket will be critical to NASA's plans for returning astronauts to the surface of the moon.
Economists say AI is reshaping the U.S. labor market by suppressing hiring even as overall job losses remain limited.
Rep. James Comer is requesting information from Kalshi and Polymarket on how the prediction markets guard against insider trading.
Kevin Warsh has vowed to preserve the Fed's independence over monetary policy, telling lawmakers he will never "predetermine" interest rates at the president's request.
Landing a good-paying job may not be enough to buy a home. A new study finds family wealth plays an outsized role in who becomes a homeowner.
AI tools that autonomously perform tasks for users mark a major step forward from chatbots, according to tech experts.
U.S. officials and negotiators were discussing a process to reopen the Strait of Hormuz, sources briefed on the conversations said.
The GOP senator said the meeting included "screaming," adding that "fiery does not begin to cut it."
At the same time, Tehran is reviewing the latest U.S. proposal for a possible agreement to end the nearly three-month war.
When CIA Director John Ratcliffe visited Havana last week to meet with senior Cuban officials, he brought along one of the covert operators involved in the mission to capture Nicolás Maduro, multiple people familiar with the matter said.
A federal district judge granted Kilmar Abrego Garcia's motion to dismiss two criminal charges on the grounds his prosecution was vindictive and selective.
The tank at GKN Aerospace is estimated to contain 7,000 gallons of methyl methacrylate, a volatile chemical used to produce plastics.
The three workers, who fell ill in March and died in May, were "among the first known victims of the outbreak," the Red Cross said.
Lucia Adarve had a long list of symptoms that no one could diagnose. Her mother Lisa was determined to find an answer.
The head of the World Health Organization says Ebola has killed at least 7 people in Congo, but the U.N. agency says it knows the epidemic "is much larger."
A new weight-loss drug, so new it is not on the market yet, is showing promising results in trials, doing much more than what current medications can. Dr. Jon LaPook breaks it down.
The three workers, who fell ill in March and died in May, were "among the first known victims of the outbreak," the Red Cross said.
The remains of four Italian divers who died deep inside an underwater cave have been repatriated. One other set of remains was returned earlier this month.
The incident marks China's deadliest mining accident in years.
At the same time, Tehran is reviewing the latest U.S. proposal for a possible agreement to end the nearly three-month war.
The satirical "Cockroach Janta Party" calls itself a "political front of the youth, by the youth, for the youth." India's government may be trying to squash it.
Matt Singer, the editor and critic for ScreenCrush.com, joins "CBS Saturday Morning" for a preview of this summer's hottest movies worth watching.
Ryan Bingham's career spans decades and genres. He went from a 2009 awards season sweep with "The Weary Kind (Theme from Crazy Heart)" to starring as Walker in "Yellowstone." Bingham sat down with "CBS Saturday Morning" to reflect on his work and to discuss his latest project, "They Call Us The Lucky Ones," which he created in collaboration with The Texas Gentlemen.
Lamorne Morris sits down with "CBS Saturday Morning" to discuss his career as he steps into the Marvel universe with Nicholas Cage for "Spider-Noir."
Ryan Bingham is an Oscar, Grammy, Golden Globe and Critics' Choice award-winning singer-songwriter who also played Walker in "Yellowstone." For his first album in seven years, Bingham teamed up with The Texas Gentlemen to create "They Call Us The Lucky Ones." Here's Ryan Bingham and The Texas Gentlemen performing "Relevance."
Ryan Bingham is an Oscar, Grammy, Golden Globe and Critics' Choice award-winning singer-songwriter who also played Walker in "Yellowstone." For his first album in seven years, Bingham teamed up with The Texas Gentlemen to create "They Call Us The Lucky Ones." Here's Ryan Bingham and The Texas Gentlemen performing "Let the Big Dog Eat."
Amid concern about AI taking jobs, people see a range of motives by AI companies.
As thousands evacuate their homes in Southern California to flee the Sandy Fire, Ring doorbell and security cameras are helping residents and emergency crews stay informed and stay safe. Ring founder Jamie Siminoff joins CBS News to discuss the Fire Watch feature.
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 recent opinion piece in The New York Times spotlighted the impact of artificial intelligence on the 2026 graduating class at one of the world's most prestigious universities. The author, Stanford student Theo Baker, joins to discuss.
AI tools that autonomously perform tasks for users mark a major step forward from chatbots, according to tech experts.
The Pentagon has released another batch of never-before-seen files on reported UFO sightings. CBS News senior national security correspondent Charlie D'Agata reports.
The 2026 Atlantic hurricane season is quickly approaching, and the National Oceanic and Atmospheric Administration is releasing its forecast for what to expect.
The pictures represent the longest-distance ever seen between two pictures of the same humpback whale, researchers said.
Independent scientists say the technology, while impressive, lacks some components to be truly considered an artificial egg.
The upcoming El Niño could trigger frequent and widespread flooding in coastal areas around the United States, even when storms aren't actively taking place, scientists warn.
A woman is accused of opening fire outside a courthouse in Raleigh, North Carolina, and shooting two lawyers, police said.
In Raleigh, North Carolina, a woman's civil case turned into a criminal one after police said she shot two lawyers outside a courthouse. Both were hospitalized. Skyler Henry reports.
Six years after his murder in Minneapolis, and despite passing the House twice, the George Floyd Justice in Policing Act remains stalled in the Senate. Some lawmakers are hoping to change that. Democratic Rep. Glenn Ivey of Maryland and Minnesota Attorney General Keith Ellison join to reflect on the state of police reform.
The deadly attack at the Islamic Center of San Diego was streamed online, and at least three people watched as two teenagers attacked the facility filled with young students, CBS News' Anna Schecter reports.
A newly released video shows the California Highway Patrol's March 4, 2026, DUI arrest of pop star Britney Spears in Ventura County, California. Officers indicated they smelled alcohol on Spears and conducted a field sobriety test before she was placed in the back of a patrol car and taken to a hospital for a blood test to check for drugs. Spears voluntarily checked herself into rehab in April and pleaded guilty to reckless driving.
Perfecting SpaceX's mammoth rocket will be critical to NASA's plans for returning astronauts to the surface of the moon.
The new rocket features a host of upgrades intended to improve safety and performance of the world's most powerful rocket.
Elon Musk's SpaceX is moving ahead with plans to go public in what some expect will be the biggest IPO ever.
The International Space Station-bound SpaceX Cargo Dragon is loaded with 6,500 pounds of needed equipment, research gear and crew supplies.
Researchers expected to find "a gradual increase in artificial light at night," but instead saw "much more nuanced patterns," NASA said.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Does the evidence show a cover-up, or was Todd Kendhammer wrongfully convicted for the murder of his wife?
Christy Salters-Martin dominated in the boxing ring but faced her toughest challenger at home.
Family seeks answers in death of newlywed who disappeared in 2005 while on Mediterranean honeymoon cruise.
Meet the tattooed beauty charged in the death of Google executive Forrest Hayes.
The Trump administration announced Friday its sweeping policy change that will require most immigrants seeking green cards to leave the U.S. first. CBS News' Camilo Montoya-Galvez has more.
"CBS Saturday Morning" explores by Moo's Craft Barbecue has become Los Angeles' most popular barbecue spot.
Matt Singer, the editor and critic for ScreenCrush.com, joins "CBS Saturday Morning" for a preview of this summer's hottest movies worth watching.
Ryan Bingham's career spans decades and genres. He went from a 2009 awards season sweep with "The Weary Kind (Theme from Crazy Heart)" to starring as Walker in "Yellowstone." Bingham sat down with "CBS Saturday Morning" to reflect on his work and to discuss his latest project, "They Call Us The Lucky Ones," which he created in collaboration with The Texas Gentlemen.
Lamorne Morris sits down with "CBS Saturday Morning" to discuss his career as he steps into the Marvel universe with Nicholas Cage for "Spider-Noir."