More Americans are tapping their 401(k) plans due to hardship
More employees are tapping their nest eggs to cover financial emergencies, from medical care to avoiding eviction.
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More employees are tapping their nest eggs to cover financial emergencies, from medical care to avoiding eviction.
The fight over the nation's debt limit could have very real implications on everything from your 401(k) to Social Security.
"We don't have time for incrementalism anymore," said author Rick Warztman.
Experts say new legislation will make it easier to put money away, including for millions of Americans with student loans.
More Americans are taking retirement savings out of their accounts due to an "an immediate and heavy financial need."
Stock app dangles a matching contribution to attract customers who may not have a company-based retirement plan.
Workers say they need 20% more than a year ago to retire, yet retirement savings are shrinking.
The tax agency said it is also boosting the contribution threshold for IRAs due to inflation.
Not every retirement account is the same. Finding a job with a great one could mean tens of thousands of dollars more when you retire.
As the economy remains uncertain, there are questions about how to best save for retirement. CBS News' Lana Zak has more on what retirement accounts could maximize your savings. Then, Harold Pollack, the Helen Ross Professor at the University of Chicago, joins Matt Pieper to discuss.
High inflation and fears of a recession have many Americans wondering what to do with their 401(k) retirement investments. Those fears have been magnified by U.S. stocks falling by at least 20% from their most recent peak in January. CBS News MoneyWatch reporter Aimee Picchi joined CBS News' Errol Barnett and Debra Alfarone to discuss.
With more and more investment companies offering cryptocurrency as an option in retirement portfolios, the recent decline of digital currency means some people's retirement funds are losing money. Greg McBride, chief financial analyst at Bankrate, joins CBS News to explain what caused the crash and what it means for your investments.
The rising cost of consumer goods coupled with the stock market's decline is taking a devastating toll on Americans' retirement plans. This year's sell-off erased more than $3 trillion in value in retirement savings alone. John Leer, chief economist at Morning Consult, spoke with CBS News' Michelle Miller and Elaine Quijano about the affect on Americans' retirement plans.
Millions of American's are losing money in their 401K as stocks fall. Frances Stacy, director of strategy at Optimal Capitol, joins CBS News with advice on how to protect your retirement funds.
U.S. stocks fell sharply on Thursday, pushing the Dow Jones below 30,000 for the first time since January 2021. Meanwhile, mortgage rates had their biggest one-week jump in 35 years after the Federal Reserve hiked interest rates to tame inflation. Bartie Scott, a senior economy editor for Business Insider, joins Carter Evans to discuss.
If you work for a private company, one of the easiest ways to save for retirement is a company-sponsored 401(k) plan. Here's how you can take advantage of the retirement plan that's offered by many employers.
Making the right moves with your investments and retirement plan is key when the stock market is in free fall like it has been. Joe Saluzzi, partner and co-founder of Themis Trading spoke to Anne-Marie Green and Vladimir Duthiers on CBS News about what to do with your portfolio.
Americans are paying record high prices at the pumps, as inflation fears wreak havoc on the stock market. Errol Barnett reports from Washington, then Lana Zak speaks with Baker Boyer Bank's Chief Financial Officer John Cunnison about how this will impact the average American.
Stocks plummeted on Wall Street after disappointing quarterly results from the nation's largest retailers. CBS News senior White House and political correspondent Ed O'Keefe has the latest. Then, Akane Otani, a reporter for The Wall Street Journal, joins Elaine Quijano on CBS News to explain the current market volatility.
Stocks hit their lowest point of the year Monday. All three major domestic indexes dropped by at least 2%. Dory Wiley, president and CEO of Commerce Street Holdings, joined "CBS News Mornings" to explain what's behind the recent swings and share advice for investors.
Bipartisan bill could help workers save at a time millions of Americans are financially unprepared for retirement.
Three people are dead after a gunman opened fire at a Jewish community center and a retirement facility near Kansas City; and, A new series about climate change will premiere soon on Showtime. "Years of Living Dangerously" uses celebrities to highlight the global challenges caused by climate change.
A powerful stream of moisture is bringing much-needed precipitation to drought-stricken parts of Northern California. For many areas, though, the heavy rain, wind and snow are too much; and,It was a year ago this week that the pursuit of a former LA cop and accused killer Christopher Dorner reached its climax. Carter Evans recalls being on the front lines of the final confrontation.
A record number of Americans are risking their financial futures by making early withdrawals from their retirement accounts. CBS MoneyWatch personal financial advisor Ray Martin joins “CBS This Morning: Saturday” with more on this disturbing trend.
Approximately 1 in 8 Americans hold student loan debt. Amy Richardson, a certified financial planner with Schwab Intelligent Portfolios Premium, joined CBSN's Tanya Rivero with tips for how new college graduates entering the workforce can pay off debt and save money.
Iran insists there are no plans for inspections of its bombed nuclear sites, but Trump says Tehran "fully and completely" agreed to let inspectors return.
Voters are going to the polls Tuesday for contests in New York, South Carolina, Maryland and Utah.
Authorities believe two ransom notes addressed to Nancy Guthrie's family — including a note that said she had died — were likely sent by the person or group of people who abducted her.
The Supreme Court rejected a former Louisiana inmate's effort to sue state prison officials after they shaved his dreadlocks in violation of his religious beliefs.
Millions in France are enduring extreme heat, with temperatures soaring and 40 drowning deaths reported since June 18.
President Trump has insisted that vandals, rather than questionable craftsmanship, are responsible for the enduring problems following the Reflecting Pool's $14.7 million sealant job.
Nvidia, Alphabet and other technology stocks fell as Wall Street shifted from rewarding AI spending to demanding evidence that it will produce outsized returns.
Most Britons say leaving the European Union was a mistake and they'd favor a new referendum, but politicians have little appetite to reopen the wound.
Medicare is testing the use of artificial intelligence to preapprove several healthcare services.
The Supreme Court rejected a former Louisiana inmate's effort to sue state prison officials after they shaved his dreadlocks in violation of his religious beliefs.
Nvidia, Alphabet and other technology stocks fell as Wall Street shifted from rewarding AI spending to demanding evidence that it will produce outsized returns.
The Utah judge in the murder case of Charlie Kirk's alleged killer has denied a defense request to force Tyler Robinson's former roommate to testify in person during the preliminary hearing.
Court documents referenced RMS Titanic's plan to sell artifacts including a bronze cherub, a necklace of gold nuggets and a heart-shaped pendant.
A judge has found that a man charged with murder in the stabbing of actor James Handy isn't mentally competent for criminal court proceedings.
Nvidia, Alphabet and other technology stocks fell as Wall Street shifted from rewarding AI spending to demanding evidence that it will produce outsized returns.
The most advanced artificial intelligence models are improving quickly enough to outsmart prevailing cybersecurity know-how within months, the Five Eyes spy agency alliance is warning.
The Senate passed a bill aimed at lowering housing costs on Monday after a major breakthrough and rare bipartisan consensus.
The 21st Century ROAD to Housing Act, which has rare bipartisan support, would make it harder for major investors to hoard homes.
The QR codes will take soda drinkers to a website listing more than 140 beverage ingredients and their nutritional content.
The Supreme Court rejected a former Louisiana inmate's effort to sue state prison officials after they shaved his dreadlocks in violation of his religious beliefs.
The Utah judge in the murder case of Charlie Kirk's alleged killer has denied a defense request to force Tyler Robinson's former roommate to testify in person during the preliminary hearing.
Voters are going to the polls Tuesday for contests in New York, South Carolina, Maryland and Utah.
President Trump has insisted that vandals, rather than questionable craftsmanship, are responsible for the enduring problems following the Reflecting Pool's $14.7 million sealant job.
The Senate passed a bill aimed at lowering housing costs on Monday after a major breakthrough and rare bipartisan consensus.
Medicare is testing the use of artificial intelligence to preapprove several healthcare services.
Confirmed Ebola cases in the outbreak in eastern Congo have reached 1,003, including 254 deaths, officials said, and tracing those who've been in contact with patients remains a major challenge.
The Trump administration's cuts to Medicaid and SNAP may complicate Republican Gov. Joe Lombardo's reelection chances.
Hosted by Lee Cowan. Featured: Birthright citizenship; the Theodore Roosevelt Presidential Library unveiled; Shooter Jennings releases recordings by his father, Waylon Jennings; comedian John Mulaney; childhood obesity; and the secrets of seahorses and seadragons.
In 1970, about 1 in 20 children were affected by obesity; today, it's 1 in 5. Dr. Jonathan LaPook looks at programs aimed at helping kids (and their families) get healthy the old-fashioned way, by eating right and exercising.
Most Britons say leaving the European Union was a mistake and they'd favor a new referendum, but politicians have little appetite to reopen the wound.
Millions in France are enduring extreme heat, with temperatures soaring and 40 drowning deaths reported since June 18.
A Mount Everest veteran tells CBS News why retrieving "Green Boots," whose remains have become a grim waypoint for climbers, would be a perilous mission.
Iran insists there are no plans for inspections of its bombed nuclear sites, but Trump says Tehran "fully and completely" agreed to let inspectors return.
The suspect was shot and killed "right away," according to police, and there was no immediate word on a possible motive.
Jim Parsons speaks about starring in the musical "Titaníque," which is a comedic retelling of the story of the "Titanic," from the perspective and songs of Celine Dion. Parsons talks about why he wanted to portray's Rose's mother, the show's impact on the LGBTQ+ community and the cast.
Clive Davis, known for propelling artists across genres to stardom, died Monday at the age of 94. "CBS Mornings" co-host Gayle King looks back at his legacy in the music industry.
A judge has found that a man charged with murder in the stabbing of actor James Handy isn't mentally competent for criminal court proceedings.
Clive Davis, the legendary music mogul who shaped the careers of several superstars, died Monday at 94. Carter Evans looks back on his life.
After decades of building some of America's greatest hits, legendary music executive Clive Davis died Monday at 94. Narada Michael Walden, a singer-songwriter and record producer who worked closely with Davis, joins CBS News to reflect on the music mogul's legacy.
Medicare is testing the use of artificial intelligence to preapprove several healthcare services.
Artificial intelligence-generated images, videos and deepfakes are becoming more common in political advertising to attack opponents or influence Americans' opinions. CBS News political director Fin Gómez joins to discuss.
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.
The recall follows multiple incidents in which Waymo robotaxis drove past ramp-closure signs and into freeway construction zones.
A Pew survey shows 40% of Americans think AI's future impact will be negative. MIT Sloan professor Eric So joins CBS News with more details.
Exactly where the comet 3I/ATLAS came from within the Milky Way remains a mystery.
Hosted by Lee Cowan. Featured: Birthright citizenship; the Theodore Roosevelt Presidential Library unveiled; Shooter Jennings releases recordings by his father, Waylon Jennings; comedian John Mulaney; childhood obesity; and the secrets of seahorses and seadragons.
Seahorses are unique ocean inhabitants with a head like a horse, a pouch like a kangaroo, a tail like a monkey, and the ability to camouflage themselves like a chameleon. They also exhibit an unconventional gender dynamic, in that the males do the work of carrying around fertilized eggs. Correspondent Conor Knighton goes in search of these fascinating fish – and their equally fascinating cousins, seadragons – at the Birch Aquarium at the Scripps Institution of Oceanography in California.
The Defense Department released a third batch of UFO files on Friday, three weeks after its second drop. These are all of the videos in the latest tranche, plus analysis from astrophysicist Avi Loeb.
The goblin shark had only previously been seen when caught by fishermen and they died shortly afterward.
Investigators familiar with the case believe it is likely that two ransom notes sent to Nancy Guthrie's family were written by the person or group that abducted her. While the first note demanded millions in bitcoin, the second claimed that Nancy Guthrie had died, albeit not purposefully, according to sources who reviewed the notes. CBS News' Bradley Blackburn has more details on the case.
Two people are dead, including a police officer, after a suspect opened fire at police in Montreal. The suspect is also dead. Shanelle Kaul reports on the investigation. Warning, some of the video is graphic.
A judge has found that a man charged with murder in the stabbing of actor James Handy isn't mentally competent for criminal court proceedings.
Two people were killed and a child was injured in a shooting inside a library in Chico on Monday, officials said.
Authorities believe two ransom notes addressed to Nancy Guthrie's family — including a note that said she had died — were likely sent by the person or group of people who abducted her.
Exactly where the comet 3I/ATLAS came from within the Milky Way remains a mystery.
The "Pink Planet," formally known as GJ504b, was discovered in 2013 and is technically not a planet but rather a "planetary-mass companion."
NASA's Jared Isaacman says the crew was selected solely based on their experience, expertise and availability for flight assignment.
NASA's Artemis III astronauts plan to carry out rendezvous and docking procedures with commercial moon landers being built by SpaceX and Blue Origin.
Out of an abundance of caution, NASA briefly directed five of the seven crew members aboard the International Space Station to wait inside the docked SpaceX Crew Dragon "Freedom" spacecraft.
The Obama Presidential Center, museum and library opens in Chicago with a star-studded grand opening ceremony and public watch party on Midway Plaisance.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
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.
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.
Keir Starmer announced he's resigning as U.K. prime minister less than two years after he led the Labour Party to a general election victory. Now, Andy Burnham has emerged as the frontrunner to replace him. CBS News' Inaya Iman explains what led to Starmer's resignation and why Burnham is likely to be the country's next prime minister.
Record-breaking heat is slamming Europe. CBS News meteorologist Rob Marciano takes a look at the forecast.
The Trump administration and Iran are providing conflicting messages on potential nuclear inspections as part of a future agreement. Meanwhile, negotiations between the U.S. and Iran could drift further apart over Israel's war against Hezbollah in Lebanon. CBS News' Aaron Navarro has more.
Jim Parsons speaks about starring in the musical "Titaníque," which is a comedic retelling of the story of the "Titanic," from the perspective and songs of Celine Dion. Parsons talks about why he wanted to portray's Rose's mother, the show's impact on the LGBTQ+ community and the cast.
Argentina's Lionel Messi broke a World Cup record during a match against Austria, becoming the tournament's top-scoring athlete as he racked up his 18th goal across his World Cup career. Former U.S. player Charlie Davies gives Messi his kudos and reacts to other top headlines from the world of soccer.