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Liz Weston: Saving for retirement just got more complicated

Published Wed, 27 Nov 2024 09:33:15 GMT

The Secure Act 2.0 legislation that passed late last year added new retirement savings options but also has a few potential catches for unsuspecting savers. Understanding these possible pitfalls may help you make better decisions, or at least be prepared for what’s to come.In my last column, I covered one set of these changes: new exceptions to the 10% federal penalty for tapping retirement money early. For this column, I’ll cover what you need to know about Secure 2.0’s changes to catch-up contributions and company matches for workplace plans.A POTENTIALLY PROBLEMATIC CATCH-UP PROVISIONCatch-up provisions have long allowed older workers to put more money into retirement plans. In 2023, for example, people 50 and older can contribute an additional $7,500 to 401(k)s and 403(b)s, on top of the standard $22,500 deferral limit for all employees in those plans.Contributions that go into a plan’s pre-tax option are deductible. But starting next year, people who earn $145,000 or more will ...

Dutch Prime Minister Mark Rutte will leave politics after election, marking the end of political era

Published Wed, 27 Nov 2024 09:33:15 GMT

THE HAGUE, Netherlands (AP) — Dutch Prime Minister Mark Rutte, the Netherlands’ longest serving premier, said Monday he will leave politics after an early general election sparked by a dispute over migration that led to his government’s resignation.His decision means the end of nearly 13 years in power for the conservative leader sometimes called ” Teflon Mark ” because scandals that plagued his four different administrations did not stick to him.Rutte, the 56-year-old leader of the People’s Party for Freedom and Democracy, or VVD, announced his decision at a hastily arranged parliamentary debate to discuss the fall of his latest governing coalition.“Yesterday morning I made a decision that I will not be available again as a leader of the VVD. When a new Cabinet takes office after the elections, I will leave politics,” he said.Rutte called it a “personal decision, regardless of the developments in recent weeks.” There was no immediate indication who might replace Rutte a...

Helen of Troy: Fiscal Q1 Earnings Snapshot

Published Wed, 27 Nov 2024 09:33:15 GMT

HAMILTON, Bermuda (AP) — HAMILTON, Bermuda (AP) — Helen of Troy Ltd. (HELE) on Monday reported fiscal first-quarter net income of $22.6 million.On a per-share basis, the Hamilton, Bermuda-based company said it had net income of 94 cents. Earnings, adjusted for stock option expense and restructuring costs, came to $1.94 per share.The results exceeded Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $1.62 per share.The personal and household products company posted revenue of $474.7 million in the period, also topping Street forecasts. Three analysts surveyed by Zacks expected $463.3 million.Helen of Troy expects full-year earnings in the range of $8.50 to $9 per share, with revenue in the range of $1.97 billion to $2.02 billion._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on HELE at https://www.zac...

“Estoy enloqueciendo”, selfie de Kim Kardashian muestra misteriosa sombra en la ventana

Published Wed, 27 Nov 2024 09:33:15 GMT

Kim Kardashian publicó una selfie en su cuenta de Instagram que tiene asustados a muchos de sus fans. La polémica Kim aseguró que se tomó la foto la semana pasada cuando estaba sola, y que a la hora de revisar su teléfono, “se está volviendo loca” al notar la sombra de lo que parece una mujer en la ventana.Los comentarios de los fanáticos no se hicieron esperar. Juzguen ustedes:La empresaria y modelo también sorprendió a sus seguidores al aparentemente aparecer sin una gota de maquillaje, por lo que recibió muchos halagos. Mira por cuánto Kim Kardashian compró la cruz de Attallah, la valorada joya que lució la princesa Diana Kim Kardashian obtiene orden de restricción contra hombre que dice hablarle telepáticamente Source

La bielorrusa Victoria Azarenka dice que “no fue justo” ser abucheada en Wimbledon tras enfrentarse a la ucraniana Elina Svitolina

Published Wed, 27 Nov 2024 09:33:15 GMT

(CNN) — La tenista bielorrusa Victoria Azarenka dijo que “no fue justo” que el público de Wimbledon abucheara al final de su partido de cuarta ronda contra la ucraniana Elina Svitolina.Como ha hecho tras enfrentarse a otras jugadoras rusas y bielorrusas, Svitolina —que ganó el ajustado encuentro por 2-6 6-4 7-6 (11-9)— se negó a estrechar la mano de Azarenka debido a la guerra que se está librando en su país natal.En su lugar, Azarenka mostró su agradecimiento a su rival con un gesto de la mano en la red antes de que el público la abucheara al abandonar la pista.Entrevista exclusiva con Roger Federer: “No me sorprendería que Djokovic vuelva a ganar Wimbledon”“¿Qué puedo decir del público? No hay nada que decir”, dijo la cabeza de serie número 19 a la prensa tras el partido. “No quiere dar la mano a los rusos ni a los bielorrusos. Respeté su decisión”, dijo.“¿Qué debería haber hecho? ¿Quedarme y esperar? No podía hacer nada ...

Las tormentas severas generan inundaciones en el noreste y dejan al menos un muerto en el condado de Orange, Nueva York

Published Wed, 27 Nov 2024 09:33:15 GMT

(CNN) — Tormentas severas que han dejado al menos un muerto en el condado de Orange, Nueva York, están arrojando fuertes lluvias a un ritmo intenso en partes del noreste, obligando a cierres de carreteras, rescates de agua y advertencias urgentes sobre inundaciones repentinas que amenazan la vida.Las inundaciones ya han inundado carreteras en partes de Nueva York, y la gobernadora Kathy Hochul ha desplegado a la policía estatal y equipos de rescate de agua rápida mientras el estado se prepara para más inundaciones y deslaves de carreteras.Una mujer murió después de ser arrastrada por las aguas de la inundación en el condado de Orange de Nueva York, que se encuentra entre las áreas más afectadas por las inundaciones, dijeron las autoridades a CNN. Hochul declaró una emergencia para el condado.“Nos acercamos a un punto crítico en este evento meteorológico, y los neoyorquinos deben permanecer atentos”, dijo Hochul este domingo por la noche. “Recuerde: evite las carreteras inundad...

Shooting suspect wanted after leading Aurora police on a chase

Published Wed, 27 Nov 2024 09:33:15 GMT

AURORA, Colo. (KDVR) -- The Aurora Police Department is working to track down a possible shooting suspect who led police on a chase Sunday night.One officer and two bystanders had minor injuries in the incident, police said. Hot days ahead can increase fire danger with dry vegetation It started around 9:15 p.m. Sunday when a woman who had been shot went to a local hospital. Officials believe she was shot near 6th Avenue and Del Mar Circle West.  Investigators gathered more information about a possible vehicle involved and tracked it down to a parking lot near South Parker Road and East Dartmouth Avenue.  The driver took off when officers tried to pull them over and led police on a chase spanning Aurora and DenverDuring the chase, an officer crashed and the suspect's car was later found abandoned near East 2nd Avenue and South Peoria Street.Police did not release any description of the suspect or suspects.The officer and two other people involved in the crash had minor injuries.If ...

Philadelphia shootings may have begun nearly 2 days earlier than police thought

Published Wed, 27 Nov 2024 09:33:15 GMT

PHILADELPHIA (AP) — Philadelphia authorities investigating Fourth of July holiday shootings that left five people dead now say the gunman killed one of the victims almost two full days before the mass shooting.Kimbrady Carriker, 40, was arraigned Wednesday morning on five counts of murder, attempted murder, aggravated assault and weapons counts of possession without a license and carrying firearms in public, prosecutors said.While authorities initially believed Carriker killed Joseph Wamah Jr., 31, in a home as part of a quickly orchestrated series of shootings, Philadelphia District Attorney Larry Krasner said Sunday that an error prevented police from discovering Wamah’s body right away.‘”It has been determined through information received through a source and corroborated by the Philadelphia Medical Examiner’s Office and additional evidence; that homicide victim Joseph Wamah, Jr. was killed by suspect Kimbrady Carriker approximately 44 hours before the mass shooting,&...

Ryan Gosling says Margot Robbie mandated a pink day dress code on ‘Barbie’ movie set

Published Wed, 27 Nov 2024 09:33:15 GMT

(CNN) — Margot Robbie is just trying to live in a Barbie world.Part of her effort included the “Barbie” actor mandating a pink dress code, by which cast and crew members of the production had to abide once a week, this according to Robbie’s co-star Ryan Gosling.“Margot had this pink day once a week, where everyone had to wear something pink. And if you didn’t, you were fined,” Gosling told People in an interview published last week.Gosling, who plays Ken in the movie, added Robbie “would go around collecting the fines, and she would donate it to a charity.”“What was really special was just how excited the male crew members were,” he said, adding “at the end of the film, they all got together and, with their own money, made pink crew shirts with rainbow fringe.”The pink dress code, he says, was an opportunity for the cast and crew “to show their respect and admiration for what Margot and Greta (Gerwig) were creating.”Gosling previously revealed another effort Robbie went to in order ...

Florida is now America’s inflation hotspot

Published Wed, 27 Nov 2024 09:33:15 GMT

(CNN) — Florida is America’s inflation hotspot, thanks to a persistent problem with sky-high housing costs.The Miami-Fort Lauderdale-West Palm Beach area has the highest inflation rate of metro areas with more than 2.5 million residents, with a 9% inflation rate for the 12 months ended in April.That’s more than double the national average of 4%, according to data from the Consumer Price Index. The Tampa-St. Petersburg-Clearwater metro had the third-highest inflation rate in the country, at 7.3% for the year ended in May.Other metro areas, however, have seen some welcome progress. Minneapolis had an inflation rate of 1.8% in May from a year earlier, the lowest of the 23 metro areas for which the Labor Department publishes inflation data. Urban Hawaii had the second lowest inflation rate at 2% — mirroring the Federal Reserve’s target for its preferred inflation gauge, the Personal Consumption Expenditures index.Here are some notable inflation trends for the biggest metros in the US an...