Here's what you should know before raiding your 401(k)
Thinking about dipping into those retirement savings? You'll want to consider the few pros and many, many cons first
401k
Are retirees worse off now than in prior generations?
In many regards, the answer appears to be yes, but negative perceptions also mask some rather positive realities
3 money mistakes that can ruin your finances fast
These three common money mistakes can happen in an instant. Here's how to fix them -- or better yet avoid them altogether
5 ways to beat the "mom penalty" on Mother's Day
With childbirth, a pay gap opens for women, so here are strategies that let you beat that and become more financially solid
Retirement savers, you're on your own
The impending demise of federal rules meant to help small businesses offer retirement savings plans makes this clear
Don't let rising interest rates sink your 401(k)
Chances are you have some bond funds in there, and they could soon start suffering if rates keep climbing this year
11 financial goals to hit before you’re 50
Face it: You’re no longer a kid -- but instead of dreading this age, use it to prepare for the coming decades
The best rules of thumb for managing your money
Managing your money doesn't have to be complicated -- here are 12 principles that have stood the test of time
12 tips for cutting your tax bill
These simple strategies can help taxpayers hold on to as much of their income as possible
Why most Americans may face an ugly retirement
Two out of three workers with retirement plans aren't socking away money, and fewer companies are offering such plans
Don't pass up free retirement money from Uncle Sam
If you've never heard of the Saver’s Credit, it's time to become acquainted -- it just might cut your federal income tax
Weighing Obama's legacy on retirement issues
The outgoing president made significant progress on a range of retiree concerns, but unfinished business remains
5 practical steps for creating a retirement backup plan
Almost half of retirees retired years sooner than they thought they would, so it helps to have a Plan B if that happens to you
7 year-end tax moves to consider now
Just a few weeks are left in 2016, but that’s still enough time to take some steps that will cut your tax bill
Trump is president-elect: What do I do with my 401(k)?
Stock pros may predict big swings in coming weeks, but history shows it pays to steady on through presidency after presidency
A retirement income strategy for do-it-yourselfers
This plan can help you decide if you have enough savings to retire and how to turn that savings into a lifetime paycheck
Several states helping workers set up retirement plans
Connecticut and seven other states have recently passed legislation to help private sector workers get a retirement plan
What's the right retirement savings target for millennials?
A new study says 22 percent of pay -- but that might apply only if your assumptions about the future are rather pessimistic
Retirement planning: Millennials are starting fast
While still new to this game, they appear to be listening to wise counsel and are making some smart moves already
Workers to politicians: Fix the retirement system
Financial security in retirement needs a drastic improvement, and a new survey pinpoints some specific areas of focus
Want to beat the Wall Street pros? Listen to this guy
Charley Ellis has long beat the drum for investing in low-cost index funds, and he still makes a powerful argument for it
How to tell if your 401(k) is a dud
This most valuable of company perks can be ruined by high retirement plan fees and crummy investment choices
What should I do if my 401(k) stinks?
Think your 401(k) plan's investment choices are lackluster? Here are some strategies to consider
A critical missing piece in 401(k) plans
Most don't offer help for older workers who want to ensure that they won't outlive their savings -- but that could change
Peeps maker starts hiring replacements for striking workers
Pennsylvania candy maker says it has enough of the marshallow treats for Halloween and Christmas, but worried about Easter
Trump touts "fantastic trade deals" with Xi as Beijing summit ends
President Trump and Chinese President Xi Jinping concluded their summit in Beijing on Friday with both countries looking to claim the visit as a win.
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Seized ship taken toward Iran as Trump and Xi agree on Strait of Hormuz
A ship was taken by unknown parties toward Iranian waters after an Indian-flagged vessel was attacked off Oman.
Exclusive
U.S. moving to indict Cuba's Raúl Castro, sources say
The potential indictment — which must be approved by a grand jury — is expected to focus on Cuba's 1996 downing of two planes operated by a humanitarian group.
Exclusive
2 senators call on FAA to study impact of reduced flight attendant staffing
Sens. Tammy Duckworth of Illinois and Tammy Baldwin of Wisconsin say their concern is there may be more emergency exit doors than flight attendants in the event of an evacuation.
How will Jerome Powell be remembered as he exits as Fed chair?
As Powell steps down after more than eight years leading the Federal Reserve, economists say he helped steer the U.S. through historic shocks but misread inflation.
RFK Jr. says he won't run for president in 2028
HHS Secretary Robert F. Kennedy Jr. is trying to address the interests of his MAHA supporters, who view him as their hope for the future, while being a good soldier in the eyes of the Trump White House.
Ebola outbreak in Congo kills dozens, Africa's CDC says
A new Ebola outbreak in a remote Congo province has recorded 65 deaths so far and has 246 suspected cases, Africa CDC says.
Exclusive
ICE releases wife of U.S. Army soldier after monthlong detention
ICE has released the wife of an active-duty U.S. soldier after a month in detention, her husband told CBS News.
CIA Director Ratcliffe makes rare trip to Cuba as island faces energy crisis
The meeting came as Cuba is contending with a massive power failure to its national energy grid amid U.S. sanctions that have caused an oil and gas shortage crisis.
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2 senators call on FAA to study impact of reduced flight attendant staffing
Sens. Tammy Duckworth of Illinois and Tammy Baldwin of Wisconsin say their concern is there may be more emergency exit doors than flight attendants in the event of an evacuation.
Meet the horses running in the Preakness Stakes
The Preakness Stakes will feature its biggest field in 15 years with 14 horses in the middle jewel of horse racing's Triple Crown.
How will Jerome Powell be remembered as he exits as Fed chair?
As Powell steps down after more than eight years leading the Federal Reserve, economists say he helped steer the U.S. through historic shocks but misread inflation.
Trump touts "fantastic trade deals" with Xi as Beijing summit ends
President Trump and Chinese President Xi Jinping concluded their summit in Beijing on Friday with both countries looking to claim the visit as a win.
American passenger from hantavirus-hit cruise ship on life in quarantine
The number of people being monitored for hantavirus in the United States has grown to 41, the Centers for Disease Control and Prevention said Thursday.
MoneyWatch
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How will Jerome Powell be remembered as he exits as Fed chair?
As Powell steps down after more than eight years leading the Federal Reserve, economists say he helped steer the U.S. through historic shocks but misread inflation.
Oklahoma becomes latest state to sue Roblox over child safety concerns
Oklahoma has filed a lawsuit against Roblox, making it the latest state to take legal action against the popular gaming platform over child safety concerns.
Trump Mobile says its T1 mobile phone to ship this week
Trump Mobile's $499 gold-toned phone has faced delays since it was unveiled in June 2025.
Why are so many U.S. CEOs in China with Trump, and what do they want?
More than a dozen American CEOs are accompanying President Trump on his trip to China. That's not unusual.
Jury awards $49.5 million to Boeing 737 MAX crash victim's family
A jury in Chicago awarded $49.5 million in damages Wednesday to the family of a 24-year-old American who perished in a 2019 Boeing 737 MAX crash.
Politics
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Exclusive
2 senators call on FAA to study impact of reduced flight attendant staffing
Sens. Tammy Duckworth of Illinois and Tammy Baldwin of Wisconsin say their concern is there may be more emergency exit doors than flight attendants in the event of an evacuation.
RFK Jr. says he won't run for president in 2028
HHS Secretary Robert F. Kennedy Jr. is trying to address the interests of his MAHA supporters, who view him as their hope for the future, while being a good soldier in the eyes of the Trump White House.
FDA blocked melanoma drug as confusion reigned under Makary
A third of patients in a clinical trial had tumors shrink while taking a genetically engineered treatment known as RP1.
How will Jerome Powell be remembered as he exits as Fed chair?
As Powell steps down after more than eight years leading the Federal Reserve, economists say he helped steer the U.S. through historic shocks but misread inflation.
Exclusive
ICE releases wife of U.S. Army soldier after monthlong detention
ICE has released the wife of an active-duty U.S. soldier after a month in detention, her husband told CBS News.
HealthWatch
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Ebola outbreak in Congo kills dozens, Africa's CDC says
A new Ebola outbreak in a remote Congo province has recorded 65 deaths so far and has 246 suspected cases, Africa CDC says.
RFK Jr. says he won't run for president in 2028
HHS Secretary Robert F. Kennedy Jr. is trying to address the interests of his MAHA supporters, who view him as their hope for the future, while being a good soldier in the eyes of the Trump White House.
FDA blocked melanoma drug as confusion reigned under Makary
A third of patients in a clinical trial had tumors shrink while taking a genetically engineered treatment known as RP1.
Teens help save man having a heart attack
Three South Florida teenagers helped a 65-year-old having a heart attack. Matt Gutman has the story.
Cruise ship passenger on quarantine experience
Jake Rosmarin, a travel influencer who was on the M/V Hondius as it suffered a hantavirus outbreak, is one of 16 Americans quarantining at the University of Nebraska Medical Center. Rosmarin spoke with CBS News about how a five-week trip is now stretching into 12 weeks away from home.
World
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5 tourists killed in cave diving accident; search underway for bodies
The University of Genoa said the victims included a marine biology professor, her daughter and two young researchers.
Cartel leader "The Gardener" hit with U.S. charges after dramatic capture
Jalisco cartel boss Audias Flores Silva was arrested in an operation by Mexican Navy special forces based on information provided by U.S. agencies.
Ebola outbreak in Congo kills dozens, Africa's CDC says
A new Ebola outbreak in a remote Congo province has recorded 65 deaths so far and has 246 suspected cases, Africa CDC says.
Trump touts "fantastic trade deals" with Xi as Beijing summit ends
President Trump and Chinese President Xi Jinping concluded their summit in Beijing on Friday with both countries looking to claim the visit as a win.
CIA Director John Ratcliffe makes rare trip to Cuba as island faces energy crisis
The meeting came as Cuba is contending with a massive power failure to its national energy grid amid U.S. sanctions that have caused an oil and gas shortage crisis.
Entertainment
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Entertainment
Yellowstone spinoff "Dutton Ranch" premieres
Yellowstone actors Cole Hauser and Kelly Reilly are reprising their roles as the fan-favorite onscreen couple Rip Wheeler and Beth Dutton in the newest "Yellowstone" spinoff, "Dutton Ranch." CBS News' Julianne Ferreira has more.
From the archives: Outspoken film critic Rex Reed
Film critic Rex Reed, whose clever and barbed opinions about movies – and movie stars – made him a fixture for decades in print and on television, died on May 12, 2026 at age 87. In this Feb. 4, 2018 "Sunday Morning" profile, Reed talked with Mo Rocca about how he came to live the life of an A-Lister himself. He also dispensed his unvarnished opinions about that year's best picture Oscar-nominees.
"Survivor" contestants on double elimination
(Spoilers ahead) "CBS Mornings" reveals the castaways voted off during Wednesday's episode of "Survivor 50" in another double elimination. They discuss being part of the franchise and their legacies in the game.
National Recording Registry adds Taylor Swift, Beyoncé, Ray Charles, more
The Library of Congress revealed this year's list of 25 recordings to be preserved for future generations on the National Recording Registry.
Troubling trend for touring musicians
Major musicians from Post Malone to Meghan Trainor have recently struggled to sell out stadiums and arenas for their tours. It's a troubling trend being called "blue dot fever" and has led to entertainers canceling some or all of their shows. Ash-har Quraishi reports.
Technology
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Oklahoma becomes latest state to sue Roblox over child safety concerns
Oklahoma has filed a lawsuit against Roblox, making it the latest state to take legal action against the popular gaming platform over child safety concerns.
How the Trump-Xi summit could impact AI race
President Trump's visit to Beijing comes as the U.S. and China compete for artificial intelligence supremacy. Matt Sheehan, senior fellow at the Carnegie Endowment for International Peace, joins with analysis.
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.
Closing arguments held in OpenAI case
Lawyers presented closing arguments Thursday in the OpenAI trial pitting Elon Musk against its CEO, Sam Altman. CBS News legal contributor Jessica Levinson has more.
Trump Mobile says its T1 mobile phone to ship this week
Trump Mobile's $499 gold-toned phone has faced delays since it was unveiled in June 2025.
Science
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NASA spacecraft to fly past Mars on voyage to rare metal asteroid
NASA's Psyche spacecraft will slingshot past Mars on Friday, on its way toward a rare metal-rich asteroid.
Emperor penguins in focus as Antarctica talks start in Japan
Greater protections for endangered emperor penguins and how to manage growing tourism are topping the agenda at talks on Antarctica in Japan.
What's in the released UFO files?
The Pentagon released UFO documents on Friday, with President Trump telling the public to "have fun" deciding for itself what is going on. Carter Evans reports.
Trump: UFO files released for transparency
Defense Secretary Pete Hegseth said it's time for the American people see it for themselves, as the Pentagon started releasing previously classified documents related to UFOs and UAPs. CBS News Pentagon reporter Eleanor Watson has more.
"The Age of Disclosure" director on UFO files
The Pentagon on Friday released and declassified numerous files on UFOs, including eyewitness testimony, photos and reports. Government knowledge of non-human intelligent life was the subject of the documentary "The Age of Disclosure," released in February. Its director and producer, Dan Farah, joins CBS News to discuss.
Crime
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Cartel leader "The Gardener" hit with U.S. charges after dramatic capture
Jalisco cartel boss Audias Flores Silva was arrested in an operation by Mexican Navy special forces based on information provided by U.S. agencies.
Former death row inmate granted bond after nearly being executed 3 times
An Oklahoma judge granted bond to former death row inmate Richard Glossip on Thursday, laying the groundwork for his first release from prison since 1997.
Software CEO convicted for running $1 billion Medicare fraud scheme
Brett Blackman was convicted on charges including healthcare and Medicare fraud, and faces decades in prison.
Huge twist in Alex Murdaugh case
Alex Murdaugh, the former South Carolina lawyer who was convicted of murder, will get a new trial and have his convictions overturned, the state's Supreme Court ruled Wednesday. CBS News' Eva Pilgrim reports.
Feds arrest tourist accused of hurling rock at endangered seal's head
The tourist sparked outrage after a witness recorded him chucking a coconut-sized rock at "Lani," a beloved Hawaiian monk seal off a Maui beach.
Space
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NASA spacecraft to fly past Mars on voyage to rare metal asteroid
NASA's Psyche spacecraft will slingshot past Mars on Friday, on its way toward a rare metal-rich asteroid.
UFO files reveal astronauts saw mysterious objects and lights in 1972
NASA's Apollo 17 crew reported seeing three mysterious dots and sparks that resembled fireworks, according to new files released by the Pentagon.
Pentagon begins releasing UFO files: "It's time the American people see"
Defense Secretary Pete Hegseth said in a statement that the documents "have long fueled justified speculation — and it's time the American people see it for themselves."
Mysterious world beyond Pluto may have atmosphere, study says
If confirmed, the rock would become just the second world past Neptune in our solar system to host an atmosphere.
Artemis crew surprises 5-year-old aspiring astronaut with special gift
The Artemis II team gained a new member, and the crew made sure their youngest teammate had the right stuff for space.
Latest Galleries
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Notable Deaths in 2026
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
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Latest CBS News Videos
5/16: The Uplift
David Begnaud meets a man who has attended the Kentucky Derby for 79 years in a row – and his dying wish to make it there one last time.
How a pair of 3-legged pets found their home
Two animals with specials needs are adjusting to their new home in Maryland after recovering together at "Last Chance Animal Rescue." Photojournalist Parrish Smith shows us how Blueberry and Meadow found each other and their forever home.
Restaurants turning back clock for customers
Some restaurants are going retro to try to bring customers into dining rooms. Bradley Blackburn got a taste of how they're putting nostalgia - on the menu.
What U.S. and China want out of talks
Chinese President Xi Jinping and President Trump are discussing a wide range of topics in Beijing, including Taiwan and the war with Iran. Henrietta Levin, a senior fellow with the Freeman Chair in China Studies at CSIS, joins "The Daily Report" to discuss what success would look like for both the U.S. and China during these talks.
Yellowstone spinoff "Dutton Ranch" premieres
Yellowstone actors Cole Hauser and Kelly Reilly are reprising their roles as the fan-favorite onscreen couple Rip Wheeler and Beth Dutton in the newest "Yellowstone" spinoff, "Dutton Ranch." CBS News' Julianne Ferreira has more.