- Benzinga
401(K) Millionaires: Gen Xers Leading The Retirement Saving Game
The first quarter of 2024 has seen an unprecedented rise in the number of 401(k) millionaires. This milestone highlights the growing trend of Gen X savers surpassing baby boomers in retirement savings. According to USA Today, the first quarter saw a record number of 401(k) millionaires, now totaling 485,000 savers. Fidelity Investments‘ latest data noted that average 401(k) balances for Gen X long-term savers have hit $543,400. This is the first time Gen Xers have overtaken baby boomers, who ave
- Business Insider
An ALICE has $250,000 in student loan debt and left teaching for a stable job: 'There are many teaching college who are hungry and can't go to the doctor'
Murphy Pizza, 51, worked as an adjunct professor for most of her career. She left academia because of the low pay and unstable schedule.
- The Fiscal Times
Biden Threatens to Veto Military Construction and VA Spending Bill
The White House said Monday that President Joe Biden would veto the House version of a bill funding military construction and the Department of Veterans Affairs for fiscal year 2025. The bill, which passed through the Appropriations Committee in May, is being debated by the Rules Committee today and could move to the House floor for a vote as soon as this week. The bill would provide $147 billion in discretionary funding and $231 billion in mandatory funding in 2025, for a total of $378 billion.
