Record number of emergency 401(k) withdrawals
A record number of Americans are tapping into their retirement savings, years ahead of schedule. CBS News MoneyWatch reporter Megan Cerullo has more.
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A record number of Americans are tapping into their retirement savings, years ahead of schedule. CBS News MoneyWatch reporter Megan Cerullo has more.
More Americans are digging into their retirement savings for emergency expenses, research from Vanguard shows.
President Trump's State of the Union address included mentions of a $1,000 match for some retirement plans and more on the administration's economic policies. CBS News' Jill Schlesinger breaks down the remarks.
Tech giant Nvidia is set to report its earnings following a historic trillion-dollar valuation. Henry Curr, the economics editor for The Economist, joins to break down how tech stocks could impact global markets.
The IRS is increasing the contribution limits for retirement accounts in 2026, boosting the top threshold to account for inflation.
The U.S. population of people over 65 is expected to surge by 40% over the next 25 years, but many aren't prepared for longevity, a new study says.
New Bankrate survey data shows some Americans are feeling behind on their retirement savings. Mark Hamrick breaks down the survey's data on "CBS News Mornings."
President Trump signed an executive order that he says will democratize alternative investments for workers saving for retirement.
A new Trump executive order could lead to changes in how Americans invest for retirement through their 401(k) accounts. CBS MoneyWatch correspondent Kelly O'Grady reports.
A new executive order opens the door for companies to add cryptocurrencies to retirement plans. CBS News business analyst Jill Schlesinger weighs the risks and potential rewards.
Under a new executive order signed by President Trump, workers could add higher-risk assets like cryptocurrencies to their 401(k)s.
In 1981, Ted Benna created the first 401(k) plan, which allowed corporations to contribute, tax-free, to workers' retirement accounts. That allowed companies to get out of the pension business, but gave employees more responsibility over their retirement funds. "Sunday Morning" contributor Kelefa Sanneh talks with Benna about how an obscure tax-code provision led to our current financial planning for retirement (and, at a time of precipitous stock market shocks, more angst). [Originally broadcast April 13, 2025.]
Tuesday marks the 100th day of President Trump's second term in office. CBS News' Major Garrett, Olivia Rinaldi, Kelly O'Grady and Scott MacFarlane report on how he has reshaped the economy and the government.
Americans have big financial goals for what they think they'll need for a comfortable retirement, a new survey finds.
In 1981, Ted Benna created the first 401(k) plan, which allowed corporations to contribute, tax-free, to workers' retirement accounts. That allowed companies to get out of the pension business, but gave employees more responsibility over their retirement funds. "Sunday Morning" contributor Kelefa Sanneh talks with Benna about how an obscure tax-code provision led to our current financial planning for retirement (and, at a time of precipitous stock market shocks, more angst).
CBS News journalists asked Americans around the U.S. about their biggest tariff-related questions. CBS News' Jill Schlesinger and Kelly O'Grady have answers.
President Trump's sweeping global tariffs sent U.S. stocks tumbling for a second straight day, with markets faring even worse Friday. Mark Zandi, chief economist for financial services company Moody's Analytics, joins "America Decides" to discuss.
Stocks plunged for a second day on Friday following President Trump's tariff announcement, with the Dow Jones down 2,200 points and the S&P 500 and Nasdaq seeing the worst back-to-back drops since 2020. CBS News' Kelly O'Grady and Fin Gómez have more.
If you're in your 40s, paying for a child's college should take a back seat to protecting your own savings, financial experts say.
Most Americans are forced to retire earlier than they had expected, often disrupting their financial planning.
Many people in their 50s are part of the so-called "sandwich generation" of workers who support both young relatives and aging parents.
Many people in their 50s are part of the so-called "sandwich generation" of workers who support both young relatives and aging parents. Roughly 5 million U.S. households fall into this category, and as a result, the sandwich generation faces challenges saving for retirement. Jill Schlesinger explains.
A new Internal Revenue Service ruling on 401(k) company matches could change the way employees apply the contributions made by their employers. CBS News senior business and technology correspondent Jo Ling Kent has more.
When changing jobs, there are a couple of choices you can make with your 401(k) plan. CBS News business analyst Jill Schlesinger breaks down the options to consider.
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.
As the Trump administration says it's winning the war with Iran, Tehran hits 3 ships near the Strait of Hormuz, and Dubai airport, and warns banks are next.
Richard Kahn was one of Epstein's closest associates in his final years, managing his finances and investments.
Rank-and-file career prosecutors in the Justice Department's Civil Rights Division cases are not involved in investigating Alex Pretti's shooting death by federal agents, CBS News has learned, in a stark departure from historical practice.
The Defense Department has notified senior leadership that they must remove Anthropic's products from their system within 180 days, the latest salvo in a feud between the AI company and the Trump administration.
TSA officer call-out rates have climbed into double-digit percentages at some airports, including half the officers at Houston's Hobby Airport, straining screening operations and contributing to longer security lines.
One of two men accused of throwing IEDs at protesters in New York City appears to have purchased fuses at a fireworks store in a Philadelphia suburb last week.
Latino voters helped propel record turnout in last week's Texas Democratic primary, a trend Democrats are watching closely as they try to reclaim ground with the group and pull off an upset win in the red-leaning state's Senate contest.
Bam Adebayo scored 83 points, the second-most in a game in NBA history, and set records for most free throws taken and made on Tuesday.
A CBS News analysis of records for every hospice operating in Los Angeles County finds indications of fraud are growing.
The growing incidents, known as shark depredation, have grown common in Hawaii's coastal waters and other parts of the Pacific.
Richard Kahn was one of Epstein's closest associates in his final years, managing his finances and investments.
Last summer, the Trump administration announced a voluntary pledge by health insurers to reform prior authorization, but patient advocates and medical providers remain skeptical.
Officials say a large tornado south of Chicago downed trees and power lines and overwhelmed the 911 center with emergency calls.
Bam Adebayo scored 83 points, the second-most in a game in NBA history, and set records for most free throws taken and made on Tuesday.
Gas prices in the U.S. have surged roughly 20% since the attack on Iran. Read on to see what measures the Trump administration could take to offer relief.
Even if oil prices ease, they won't return to the levels they were at before the war started, according to Patrick De Haan of GasBuddy.
The Strategic Petroleum Reserve is designed to cushion disruptions to U.S. oil supplies during emergencies.
Shortly after all JetBlue flights were grounded by the FAA due to what the agency said was a JetBlue request, the carrier said it had resumed operations.
Food containing norovirus may smell and taste normal but still cause serious illness if consumed, FDA warns.
Latino voters helped propel record turnout in last week's Texas Democratic primary, a trend Democrats are watching closely as they try to reclaim ground with the group and pull off an upset win in the red-leaning state's Senate contest.
Richard Kahn was one of Epstein's closest associates in his final years, managing his finances and investments.
Trump-backed Clayton Fuller and Shawn Harris advance to a runoff election to fill Marjorie Taylor Greene's seat.
Former Capitol Police Officer Harry Dunn and D.C. Police Officer Danny Hodges argue the installation of a commemorative Jan. 6 plaque in a low-visibility spot in the U.S. Capitol violates the law.
The Defense Department has notified senior leadership that they must remove Anthropic's products from their system within 180 days, the latest salvo in a feud between the AI company and the Trump administration.
Last summer, the Trump administration announced a voluntary pledge by health insurers to reform prior authorization, but patient advocates and medical providers remain skeptical.
A CBS News analysis of records for every hospice operating in Los Angeles County finds indications of fraud are growing.
Food containing norovirus may smell and taste normal but still cause serious illness if consumed, FDA warns.
Dentists, hygienists, and researchers say a shortage of rural dental care professionals and worsening oral hygiene since the COVID-19 pandemic mean more kids are ending up in the emergency room for tooth decay.
The zipper head on the recalled HALO Magic Sleepsuits poses a danger to babies, according to the U.S. Consumer Product Safety Commission.
As the Trump administration says it's winning the war with Iran, Tehran hits 3 ships near the Strait of Hormuz, and Dubai airport, and warns banks are next.
Australian officials say six of seven members of the Iranian women's soccer team who were granted asylum are staying but the seventh has changed her mind and will return home.
Police are investigating after a fire on a regional bus in Kerzers, west of Switzerland's capital, killed at least six people.
The Gulf states have said they're running dangerously low on missile interceptors and have asked the U.S. to expedite new supplies, CBS News previously reported.
Iran is using smaller crafts to lay mines in the Strait of Hormuz, two U.S. officials said.
American tap dancer Michelle Dorrance talks to CBS News chief medical correspondent Jon LaPook about Brenda Bufalino's impact and preserving the 88-year-old's artistry for future generations in a project at the New York Public Library for the Performing Arts.
American tap dancer Brenda Bufalino talks to CBS News chief medical correspondent Jon LaPook about the many ebbs and flows of the art form and reflects on her career.
Michelle Pfeiffer talks with "CBS Mornings" about starring alongside Kurt Russell in "The Madison." She describes how she decided to take on the character and explains after decades in the entertainment industry why she still gets nervous in new roles.
Less than a week into a trial over Live Nation's alleged monopoly of the event ticket business, the parent company of Ticketmaster has reached a tentative settlement with the Justice Department. Kenneth Dintzer, antitrust attorney with the law firm Crowell & Moring, joins CBS News to break down the deal.
A woman has been arrested for allegedly firing several shots Sunday at the Beverly Hills home of pop music star Rihanna. CBS News Los Angeles' Tina Patel reports.
The Defense Department has notified senior leadership that they must remove Anthropic's products from their system within 180 days, the latest salvo in a feud between the AI company and the Trump administration.
David Pogue, an author and correspondent for "CBS Sunday Morning," talks about covering the rise of Apple over his career as the company is set to turn 50 next month, and his new book, "Apple: The First 50 Years."
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.
Artificial intelligence can give some workers "brain fry" if overused, according to a new study published in Harvard Business Review.
In this web exclusive, Tim Cook, the CEO of Apple, talks with "Sunday Morning" correspondent David Pogue (author of "Apple: The First 50 Years") to discuss the company's first half-century and its constant focus on "the next thing." He also talks about the vision of Steve Jobs, whose return to Apple in 1997 reinvigorated the company.
A new study in the journal Nature says most sea level rise research may have underestimated coastal water heights by an average of 1 foot.
NASA Administrator Jared Isaacman announced significant changes to the agency's Artemis program, which aims to land on the moon in 2028.
Documents might help scientists shed light on unexplained phenomena and government secrets, experts said.
A large shark was caught on camera for the first time in Antarctica's waters, surprising researchers. "There's a general rule of thumb that you don't get sharks in Antarctica," one said.
On the evening of Christmas 1776, Gen. George Washington surprised the King's forces by leading the Continental Army in a surprise crossing of a near-frozen Delaware River - a watershed military maneuver that dramatized a changing America, and a changing climate.
New video has emerged of fuses being bought at a Pennsylvania fireworks store by one of the suspects accused of throwing explosive devices outside the New York City mayoral residence. CBS News national correspondent Jericka Duncan has more.
One of two men accused of throwing IEDs at protesters in New York City appears to have purchased fuses at a fireworks store in a Philadelphia suburb last week.
New York City police have given the all clear after concluding a suspicious package found near Gracie Mansion, the official residence of Mayor Zohran Mamdani, was harmless.
Shots were fired outside of the U.S. consulate in Toronto, Canada, early Tuesday morning, police said. CBS News' Shanelle Kaul has more.
There is a heavy police presence near New York City's Gracie Mansion, the official residence of New York City Mayor Zohran Mamdani, as officials investigate a suspicious package found in the area. CBS News' Shanelle Kaul has more.
The Van Allen probe's mission was meant to last two years, but ended up going for nearly seven.
NASA has announced a major overhaul of its Artemis moon program amid ongoing safety concerns. CBS News space consultant Bill Harwood has more details.
NASA announced an overhaul to its Artemis moon program as safety concerns persist. CBS News space contributor Christian Davenport breaks down the key takeaways.
NASA Administrator Jared Isaacman announced significant changes to the agency's Artemis program, which aims to land on the moon in 2028.
NASA's Artemis II mission continues to face concerns and delays. Scott E. Parazynski, a former astronaut, joins CBS News with more.
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.
With oil exports through the Strait of Hormuz halted, the International Energy Agency is meeting with G7 countries about whether they should tap their strategic petroleum reserves. CBS News reporter Kati Weis is following the debate.
A CBS News analysis of records for every hospice operating in Los Angeles County finds indications of fraud are growing. Adam Yamaguchi reports.
A woman accused of firing multiple high-powered rounds from an assault rifle at the home of Rihanna appeared in court Tuesday, initially entering a not guilty plea before withdrawing it. The arraignment was eventually postponed. Carter Evans reports.
Five members of the Iranian national women's soccer team sought asylum in Australia after refusing to sing Iran's national anthem before a match. Elizabeth Palmer has details.
War continues in Iran as Defense Secretary Pete Hegseth promises "most intense day of strikes"; costs of war's first days revealed.