Survey or No Survey, the 401(k) Still Needs a Fix
A recent survey by the mutual fund lobbying group tries to suggest that all is well with the de facto national retirement plan, the 401(k). Not true.
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A recent survey by the mutual fund lobbying group tries to suggest that all is well with the de facto national retirement plan, the 401(k). Not true.
Every year Morningstar trots out its picks for the best funds over the past calendar year. Yet the three funds they picked for 2009 aren't really the best of 2009. And that makes them great choices.
The elimination of the estate tax this year may sound like a good thing, but Eric Schurenberg points out some awkward side effects.
To retire comfortably, you ultimately want to accumulate 12 times your pay in retirement assets. But don't panic: To make your money do most of the work, you just have to get to an amount that's double your pay.
MoneyWatch blogger Charlie Farrell's new book outlines exactly how much money you need for retirement - and offers a plan on how to get there. He explains the basics to Eric Schurenberg.
With a little effort, you can probably earn $500 an hour with some smart tax moves.
Forty percent of parents report they have bailed an adult kid out of debt. Often spending money that puts their own financial security at risk. That's a solid wake-up call for parents of younger children: make sure your kids leave home with a solid grounding in basic personal finance and you'll both be a lot better off down the line.
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.
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 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 ...
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.
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.
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.
Retirement Planning in three easy numbers: Master the 30-10-4 formula and you are well on your way to retirement success.
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.
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.
Protesters on Saturday streamed into central Belgrade, many carrying banners and wearing T-shirts inscribed with the "Students win" motto of the youth movement.
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.
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."