News That Matters

Tag: retirement

5 new technologies that could turn our world into ‘Peripheral’
Technology

5 new technologies that could turn our world into ‘Peripheral’

Hit Amazon Prime TV series “The Peripheral,” based on William Gibson’s novel of the same name, depicts a grim planet Earth in the year 2099, when a much-reduced human population relies on artificially intelligent robot servants and virtual-reality headsets allow people to travel back in time. (There are also invisible cars).  Some of the technologies the series depicts exist in embryonic form today — such as Amazon’s AI bot Alexa or Meta’s Virtual Reality headsets. But, if you think the show’s Armageddon prophecy is just science fiction, think again. There are many real-life advancements currently in development that could upend our world as we know it. Here are five big ones . . . President Biden sizes up a quantum computer at IBM in Poughkeepsie, NY.AFP via Getty I...
What’s in the New 401(k) Retirement Bills | 401ks
News

What’s in the New 401(k) Retirement Bills | 401ks

Retirement plans could see some major changes if proposed new legislation is approved by Congress. “They have so many bills,” says Ed Slott, president and founder of Ed Slott and Company. “Some people call the whole batch SECURE 2.0. There’s an EARN Act (Enhancing American Retirement Now). One is the Retirement Protection Act. There’s a bunch of different acts here.”These retirement bills would: Increase the maximum annual contribution for retirement accounts by $4,000. Increase the age when you must begin required minimum distributions. Require automatic enrollment and escalation for employer-sponsored plans. Increase the amount for the catch-up provision for those 50 and older. Allow employers to help those who are burdened with student debt save for retirement. Many of the chang...