Roth IRA: Should You Convert? Here's How to Tell
You may now be able to swap your tax-deferred IRA for a tax-free IRA. But before committing to a conversion, be sure you can afford the taxes that come with it.
Retirement
Estate Tax: What You Need to Know for 2010
By letting the estate tax lapse this year, Congress has created a bunch of unintended consequences and exposed more people to taxes rather than fewer. What's more, since many wills and trusts are written on the assumption that the estate tax exists, they now may result in a surviving spouse getting inadvertently shut of a partner's will.
The China Boom: A Sure Thing NOT to Bet on in 2010
The predictions are in for 2010 and while there's a lot to debate, some trends seem so obvious you'd be nuts not to invest in them. Among the ones that everyone can see, for example, is that emerging markets, particularly China, have the momentum going into this year. Maybe you missed the truly ...
Congressional Inaction Hits Heirs of Estates Over $1.3 million
The estate tax mess Congress has created for 2010 could end up costing moderately well-off families a ton. A less-publicized quirk in the 2010 rules eliminates the "step up" cost basis on inherited property valued above $1.3 million.
Roth IRA: Should You Convert Your IRA?
You can convert your IRA to a Roth this year, and the decision may seem like a no-brainer. But don't be too hasty, says MoneyWatch's Eric Schurenberg.
Leverage a Looming Talent Shortage to your Retirement Advantage
Employers face a labor shortage in the coming decades as many boomers retire and younger generations lack the sheer numbers needed to fill the job openings. That could lead more employers to offer older workers flexible work schedules to keep them on the job longer. But to land a phased-retirement deal requires plenty of planning years ahead of when you'd like to ease up a bit.
30-10-4 Formula key to Retirement Success
Retirement Planning in three easy numbers: Master the 30-10-4 formula and you are well on your way to retirement success.
How to Keep Spending Up in Retirement
Asked if they would be willing to spend less in retirement, Americans responded with a resounding "hell no." In a recent Schwab survey, 95 percent of respondents said they are unwilling to scale back their spending in retirement. If that's what you're thinking, now is the time to make sure you take the steps so you can in fact afford to keep up your spending when retirement arrives.
Stocks Or Bonds In 2010?
Should you be in stocks or bonds in 2010? That may not be the right question.
Does the Senate's Health Care Bill Hurt Retirees?
Republicans have claimed that the Democrat's health care reform bills are a bad deal for retirees. But that doesn't seem to be true, unless you're in a truly top tier corporate plan.
Target Fund-Junk Bond Controversy is Overblown
A recent brouhaha over the fact that many 2010 Target retirement funds hold junk bonds is misguided. If you're retiring in 2010 you should be thinking about the fact your 401(k) or IRA needs to support you for a minimum of 25 years. Therefore, to say that junk is just too risky for a near-retiree misses the bigger risk: the need to keep earning inflation beating returns.
Quick and Easy 401(k) Moves
Eric Schurenberg shares three ways you can increase your retirement wealth with a simple phone call or click of the mouse.
Eight Financial Innovations to Believe In
Opponents of financial regulatory reform warn that it will stifle financial innovation. Yet I can think of only eight innovations that have actually done consumers any good.
Newsflash?: Older Workers Don't Suck
The New York Times 2009 Year in Ideas includes the Myth of the Deficient Older Employee. Great news for the post-50s crowd? Not exactly. The busted myth is merely that older workers don't suck as much as some might think. And there's still the thorny problem that older workers tend to cost more.
Caution: 401(k) Auto Enrollment Could Be Bad for Your Retirement
Another strike against the 401(k): The auto enrollment feature that was supposed to be nothing but good news-getting more Americans to save for retirement-could instead encourage less retirement savings.
What Trump officials say and what videos show in Alex Pretti's killing
Federal agents shot and killed a Minnesota ICU nurse in south Minneapolis on Saturday
U.S. carrier strike group enters Middle East region after Iran warning
The USS Abraham Lincoln aircraft carrier strike group has crossed into Central Command, the Middle East region that includes Iran, a U.S. official told CBS News.
Power out for hundreds of thousands, roadways snarled with ice and snow
Power outages were reported in numerous states as a monster storm swept across much of the country.
How Minneapolis became ground zero in Trump's immigration crackdown
The fatal shooting of Alex Pretti by Border Patrol agents has further inflamed tensions in Minneapolis, a city at the center of America's immigration debate in recent months. Here's a look at how it started.
Private jet with 8 aboard crashes at Maine airport after taking off in storm
A private aircraft carrying eight people crashed on takeoff Sunday night at Maine's Bangor International Airport, the Federal Aviation Administration said. There was no word on the fate of those on board.
Live
Judge grants temporary restraining order against DHS after Alex Pretti's killing
U.S. District Court Judge Eric Tostrud granted a temporary restraining order against the U.S. Department of Homeland Security Saturday, barring the department from altering or destroying evidence in the killing of Alex Pretti in south Minneapolis.
Israel says remains of last hostage recovered from Gaza
Israel's military says the remains of Ran Gvili, the last person whose body was taken hostage into Gaza, have been recovered.
Shutdown threat looms as Democrats pledge to block funding after shooting
Senate Democrats came out against a funding package in the wake of the deadly shooting of a Minneapolis man by federal agents, with just days until the deadline to fund the government.
Gunmen open fire at soccer field in Mexico, killing 11 and wounding 12
The mayor said a woman and a child were among the wounded in the "cowardly" attack.
U.S.
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Shutdown threat looms as Democrats pledge to block funding after shooting
Senate Democrats came out against a funding package in the wake of the deadly shooting of a Minneapolis man by federal agents, with just days until the deadline to fund the government.
U.S. carrier strike group enters Middle East region after Iran warning
The USS Abraham Lincoln aircraft carrier strike group has crossed into Central Command, the Middle East region that includes Iran, a U.S. official told CBS News.
Climber dies in roughly 300 foot fall on Oregon's Mount Hood, authorities say
A climber on Oregon's Mount Hood was found dead Sunday after witnesses said he or she had fallen about 300 feet, the Clackamas County Sheriff's Office says.
Private jet with 8 aboard crashes at Maine airport after taking off in storm
A private aircraft carrying eight people crashed on takeoff Sunday night at Maine's Bangor International Airport, the Federal Aviation Administration said. There was no word on the fate of those on board.
ICE's Homeland Security Investigations leading probe into Alex Pretti shooting
The decision to place HSI in the lead investigative role is unusual and has raised questions among current and former federal law enforcement officials.
MoneyWatch
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Flight cancellations top 11,000, most in a single day since pandemic
Flight cancellations are continuing to mount as the U.S. is being hit with dangerous winter weather from a storm moving across the country.
Here's what it takes to achieve an 800 credit score
Only one in four Americans has a credit score above 800, which is considered exceptional, according to industry data.
Bank of America may introduce credit card with 10% APR
Facing pressure from President Trump, credit card issuers are exploring ways to ease borrowing costs.
How to heat your home safely as fierce winter storm grips the U.S.
Federal safety regulators warn that home heating equipment can spark fires or emit carbon monoxide. Here's what to know.
What to know about EVs as the winter storm brings bone-chilling temps
Cold weather can reduce the efficiency of electric vehicles, shortening their driving range. These tips can help.
Politics
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Shutdown threat looms as Democrats pledge to block funding after shooting
Senate Democrats came out against a funding package in the wake of the deadly shooting of a Minneapolis man by federal agents, with just days until the deadline to fund the government.
ICE's Homeland Security Investigations leading probe into Alex Pretti shooting
The decision to place HSI in the lead investigative role is unusual and has raised questions among current and former federal law enforcement officials.
What Trump officials say and what videos show in Alex Pretti's killing
Federal agents shot and killed a Minnesota ICU nurse in south Minneapolis on Saturday.
How Minneapolis became ground zero in Trump's immigration crackdown
The fatal shooting of Alex Pretti by Border Patrol agents has further inflamed tensions in Minneapolis, a city at the center of America's immigration debate in recent months. Here's a look at how it started.
Walz to Trump: "You clearly underestimated the people of this state"
Minnesota's governor spoke out Sunday afternoon following the shooting death of Alex Pretti by federal immigration enforcement agents. "What's the plan, Donald Trump? What is the plan?" Walz said. "Fear, violence and chaos is what you wanted from us, and you clearly underestimated the people of this state and nation."
HealthWatch
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Heart failure threatened her pregnancy. A first-of-its-kind procedure saved it.
Cassandra King was thrilled to be pregnant after years of fertility struggles and multiple miscarriages. Then a sudden cardiac event threatened everything.
Loss of measles-free status would be "cost of doing business," new CDC deputy says
After a year of ongoing measles outbreaks that have sickened more than 2,400 people, the United States is poised to lose its status as a measles-free country.
Measles cases surge in South Carolina as U.S. risks elimination status
An infectious disease physician and former CDC official said he does not "have faith" that the U.S. is "handling measles very well."
Tylenol not linked to autism, new study shows
A review of studies published in The Lancet found no link between acetaminophen use during pregnancy and autism, contradicting the Trump administration's recent claims.
Woman gets her life back after rare transplant: "Prepared for the worst"
Lacy Cornelius Boyd needed IV nutrition and an ileostomy bag after a devastating car crash. A rare transplant was her only option.
World
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Israel says remains of last hostage recovered from Gaza
Israel's military says the remains of Ran Gvili, the last person whose body was taken hostage into Gaza, have been recovered.
Lightning injures 89 at rally for former Brazilian President Bolsonaro
Lightning struck near a rally of supporters of Brazil's former far-right president Jair Bolsonaro in Brasilia, injuring 89 people, according to the fire department.
U.S. carrier strike group enters Middle East region after Iran warning
The USS Abraham Lincoln aircraft carrier strike group has crossed into Central Command, the Middle East region that includes Iran, a U.S. official told CBS News.
Explosion and fire at cookie factory in Greece kills 4 women
Fire crews battled the blaze for hours before recovering four bodies - all women - from the destroyed building.
Gunmen open fire at soccer field in Mexico, killing 11 and wounding 12
The mayor said a woman and a child were among the wounded in the "cowardly" attack.
Entertainment
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Entertainment
Sundance Film Festival leaving Park City, Utah
After more than 40 years, the Sundance Film Festival is leaving its longtime host of Park City, Utah, and heading to Boulder, Colorado. Sarah Horbacewicz reports.
The adventures of Lauren Hutton, the original supermodel
As the face of Revlon, Lauren Hutton – called a "believable beauty" – became the highest-paid model in history, and still holds the record for most cover appearances on American Vogue. She talks about her adventurous life of no regrets.
The adventures of Lauren Hutton
She didn't set out to be a model, or an actress, and several agencies rejected the gap-toothed Lauren Hutton, before Eileen Ford gave her a shot. As the face of Revlon, Hutton became the highest-paid model in history, and still holds the record for most cover appearances on American Vogue. She talks with Anthony Mason about her adventurous life of no regrets – from living among the bushmen of the Kalahari, to a near-fatal motorcycle accident in 2000. Even of the low points she says, "I'd do it again in a second."
Passage: In memoriam
"Sunday Morning" remembers some of the notable figures who left us this week, including the iconic Italian fashion designer Valentino Garavani.
"Wonder and awe": The art of Ruth Asawa
In her choice of media, sculptor Ruth Asawa (1926-2013) employed a resourcefulness that stemmed from her early years on a farm – and in a WWII detention camp for Japanese Americans. She's now the subject of a retrospective at New York's Museum of Modern Art.
Technology
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Microsoft says outage affecting several services has been resolved
Microsoft services were down for thousands of users, according to tracking service Downdetector.
Snapchat's parent company settles lawsuit
Snapchat's parent company, Snap Inc., settled a lawsuit surrounding allegations of social media addiction burdening users. CBS News' Shanelle Kaul reports.
How AI powered robots are helping small farms
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.
Elon Musk says at Davos that robots will one day outnumber people
The billionaire CEO of Tesla and SpaceX, in his first appearance at Davos, said Tesla could start selling its Optimus robots next year.
YouTube looks to get rid of fake AI videos
YouTube says it wants to get rid of fake AI videos flooding social media feeds on its platform. CBS News MoneyWatch correspondent Kelly O'Grady explains what's driving the change.
Science
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Science
Cow develops technique to scratch herself
"CBS Saturday Morning" learns more about Veronika, the clever cow who figured out multiple ways to scratch herself with a broom. It was the first time a cow was seen using a tool.
Almanac: January 18
"Sunday Morning" looks back at historical events on this date.
Fossils found at Dinosaur National Monument, first excavation in 100 years
The Dinosaur National Monument, which is located on the border between Colorado and Utah, was last excavated in 1924.
Dogs can learn by eavesdropping: study
Have you ever wondered if your dog is eavesdropping on you? A new study published in the Journal of Science found that some dogs are not only listening, but are also learning words. Lead scientist Dr. Shany Dror joins CBS News to discuss.
Fossils found in cave shed light on where our species emerged
Fossilized bones and teeth dating to 773,000 years ago are providing a deeper understanding of the emergence of Homo sapiens.
Crime
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Crime
Witness videos show Alex Pretti interaction
Videos from bystanders in Minneapolis, Minnesota, help provide multiple views of the moments before agents with Border Patrol shot and killed Alex Pretti. CBS News' Anna Schecter reports.
Gunmen open fire at soccer field in Mexico, killing 11 and wounding 12
The mayor said a woman and a child were among the wounded in the "cowardly" attack.
Walz to Trump: "You clearly underestimated the people of this state"
Minnesota's governor spoke out Sunday afternoon following the shooting death of Alex Pretti by federal immigration enforcement agents. "What's the plan, Donald Trump? What is the plan?" Walz said. "Fear, violence and chaos is what you wanted from us, and you clearly underestimated the people of this state and nation."
Daughter defends loving dad now accused in her mom's cold case murder
For more than 30 years the murder of Debe Atrops in suburban Oregon remained unsolved. Then, an Oregon cold case team took a fresh look at the case and thought there was enough to prosecute Bob Atrops, Debe's estranged husband at the time. Their daughter thinks they have the wrong man.
Did a secret obsession lead a "genius" to murder a Yale grad student?
Kevin Jiang, 26, a Yale graduate student and former Army National Guardsman, was gunned down in New Haven, Connecticut. What appeared to be a road rage incident soon unraveled into a story of obsession and premeditation.
Space
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Space
More on Virgin Galactic all-female space crew
Virgin Galactic is sending an all-female research team to space. Kellie Gerardi, who is leading the crew, joins "CBS News 24/7 Mornings" to discuss the goals of the mission.
NASA's Artemis II mission clears big hurdle
Inch by inch, NASA's Artemis II moon rocket lumbered along its four-mile commute from the Vehicle Assembly Building to launch pad 39-B. Mark Strassmann is at the Kennedy Space Center in Florida with more.
NASA hauls Artemis II moon rocket to launch pad for February flight
Four Artemis II astronauts plan to fly around the moon and back next month, traveling farther from Earth than any humans before them.
NASA begins Artemis II rollout to launchpad
NASA is beginning its rollout of its Space Launch System rocket and Orion spacecraft as preparations for the Artemis II mission enter their final stage.
NASA moon rocket ready for trip to launch pad
Depending on the timing, NASA could launch a fresh crew to the space station while four other astronauts are flying around the moon.
Latest Galleries
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Notable Deaths in 2025
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Evidence in the Barbara Kendhammer case
Does the evidence show a cover-up, or was Todd Kendhammer wrongfully convicted for the murder of his wife?
The life & near death of prizefighter Christy Salters-Martin
Christy Salters-Martin dominated in the boxing ring but faced her toughest challenger at home.
Timeline: The disappearance of George Smith
Family seeks answers in death of newlywed who disappeared in 2005 while on Mediterranean honeymoon cruise.
Who is Alix Tichelman?
Meet the tattooed beauty charged in the death of Google executive Forrest Hayes.
Latest CBS News Videos
More Latest CBS News Videos
Latest CBS News Videos
Winter storm turns fatal in Tennessee
At least three weather-related deaths have been reported in Tennessee, where the freezing rain created dangerous conditions for millions. CBS News' Nicole Valdes reports.
Witness videos show Alex Pretti interaction
Videos from bystanders in Minneapolis, Minnesota, help provide multiple views of the moments before agents with Border Patrol shot and killed Alex Pretti. CBS News' Anna Schecter reports.
Former mentor of Alex Pretti speaks out
Dr. Aasma Shaukat, a former mentor of Alex Pretti in the Minneapolis VA health care system, describes Saturday's fatal shooting by federal agents as "absolutely devastating and very surreal." Shaukat said Pretti was dedicated to health care and wanted to make a difference in his community.
Severe winter storm slams parts of the U.S.
A massive winter storm brought ice, sleet and snow to different parts of the U.S. CBS News' Bradley Blackburn reports.
Eye Opener: Millions dig out from winter storm
Hundreds of thousands of people lost power and millions are digging out after an intense winter storm. Plus, there are mass protests in Minneapolis after video shows federal agents killing a U.S. citizen. All that and all that matters in today's Eye Opener.