Keeping Up With America | | South Carolina woman arrested in connection with Myrtle Beach wildfire: A woman accused of igniting a more than 2,000 acre wildfire last week in South Carolina, threatening the lives and homes of hundreds, has been arrested and charged, officials said on Friday.
Tesla facilities face wave of attacks as Elon Musk delves into politics: As Elon Musk attempts to drastically cut the federal workforce and delves further into the corridors of American power, the Tesla CEO's electric carmaker facilities have come under fire — literally.
Unprecedented number of sick, stranded sea lions being found on LA beaches: An unusually high number of disoriented marine mammals, sickened by a toxic algae bloom, is being found along Southern California's coast, prompting concerns 2025 could be the deadliest year yet.
Brush fires erupt in New York amid strong winds: Brush fires have erupted in Long Island and near Brooklyn as strong winds in New York have made for an elevated risk of fire spread Saturday, according to the National Weather Service.
Unions ask court to stop DOGE from accessing Social Security data of millions of Americans: A group of labor unions are asking a federal court for an emergency order to stop Elon Musk's Department of Government Efficiency from accessing the sensitive Social Security data of millions of Americans.
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| Should the government stop Elon Musk's Dept. of Government Efficiency from accessing Americans' SS data? | | | | | | | | Richer, Wiser, Happier | These accounts can be the 'worst possible asset' for retirement, expert says. Here's why: Many investors don't plan for future taxes when funneling money into a pre-tax 401(k) plan or an individual retirement account. While pre-tax 401(k) contributions lower your adjusted gross income for that tax year, you pay regular income taxes on future withdrawals. Many of these accounts are rolled over to traditional IRAs, which also trigger taxes upon distribution. |
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| I'm Not Counting on Social Security COLAs to Carry Me Through Retirement. Here's What I'm Doing to Combat Inflation Instead. | Selena Maranjian, Fool. If you're stressing out about your future retirement because the idea of a fixed income is scary, know that you're not likely to be living on a totally fixed income — most of us are scheduled to start collecting Social Security benefits in the future, and those benefits get nearly annual cost-of-living adjustments (COLAs). COLAs are great, and I'd much rather receive them than not, but I'm not counting on them keeping me afloat throughout my retirement. Here's why. |
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| Here's Why Millionaires Rarely Use Savings Accounts Like the Rest of Us: Generally, when people think about building wealth, they assume that keeping money in a high-yield savings account is a smart move. After all, it's safe, it's easy to access, and it even earns a little interest. But here's the truth: Most millionaires don't treat savings accounts the way the average person does. So why don't the wealthy park their cash in savings like everyone else? And what do they do instead? Let's take a closer look. |
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