Topic
Retirement Savings
10 stories related to this topic, newest first.
business21 hrs ago
Employers must pay super contributions with wages from July 1
Australian businesses will be required to pay staff superannuation at the same time as wages starting next month. The change aims to reduce unpaid super but raises cash-flow concerns for some small firms.
Benzingafinance29 days ago
Data Shows Median Savings for U.S. Households in Their 50s
Federal Reserve survey data reports median bank balances of $8,350 and median retirement savings of $150,000 for households in their 50s. Average figures are higher due to a smaller number of larger accounts. Net worth medians reach $306,000 when home equity is included.
foxbusiness.comfinance30 days ago
Philadelphia Voters Approve City-Run Retirement Savings Program
Philadelphia voters approved a city-run retirement savings program for workers without 401(k) plans. The measure creates the first such municipal program in the city.
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rte.iepolitics34 days ago
Pensions Commission Report Shows Shortfalls in Retirement Savings
A new interim report from the Pensions Commission found that millions of people in Britain are not saving enough for retirement. Lower and middle-income earners and self-employed workers face the largest gaps in pension coverage.
finance.yahoo.comfinance34 days ago
Lender Advised Florida Couple to Withdraw Retirement Funds for Home Purchase
A Florida couple considering a home purchase received advice from their lender to withdraw money from retirement accounts. Hosts on The Ramsey Show discussed the potential long-term financial effects of that recommendation.
americanbanker.comfinance41 days ago
Senate Banking Committee Advances Crypto Regulatory Bill Amid Union and Banking Opposition
The AFL-CIO, SEIU, AFT, NEA and AFSCME sent a letter and email to senators warning that the legislation could jeopardize workers' retirement accounts. The Senate Banking Committee is scheduled to vote on the bill Thursday even as final legislative text remained unreleased Monday…
politics44 days ago
Domestic Workers Miss Superannuation Contributions Due to 30-Hour Rule
Private domestic workers including nannies who work less than 30 hours a week for a single employer are not entitled to superannuation contributions under current law. The Super Members Council reported that nearly 40,000 such workers, mainly women, will forgo about $4,000 each i…
tass.compolitics51 days ago
Trump Signs Executive Orders on Cuba Sanctions and Retirement Savings
President Donald Trump signed an executive order on May 1 tightening U.S. sanctions on Cuba, targeting government officials and foreign entities. He also signed an order on April 30 establishing TrumpIRA.gov to provide retirement savings options. Another order aims to accelerate…
FI
nbcnews.compolitics12 days agoSourced
Trump Signs Order Creating TrumpIRA.gov for Retirement Access
President Donald Trump issued Executive Order 14403 directing the establishment of TrumpIRA.gov to expand retirement savings options for American workers. The move requires federal agencies to develop and launch the platform, potentially increasing savings participation among the…
techcentral.co.zaai56 days ago
Elon Musk Predicts AI and Robotics Will Eliminate Scarcity, Making Retirement Savings Unnecessary
Elon Musk stated on a January 2026 podcast that saving for retirement is unnecessary due to advancing AI and robotics leading to a world without scarcity. He predicted AI will exceed combined human intelligence by 2030 and humanoid robots will outnumber humans. Federal Reserve da…