Dividends can be powerful sources of income for retirees. Pre-retirees can benefit from dividends, too, as they can be reinvested in more shares of stock. Shares of ExxonMobil might be a good fit for your portfolio. It will take a significant investment, but after that income will start flowing --...

Want $1,000 in Dividend Income? Here's How Much You Have to Invest in ExxonMobil Stock.

'Mad Money' host Jim Cramer takes a closer look at Carriers latest quarter.

Jim Cramer looks closer at Carrier's latest quarter

Stocks @ Night is a daily newsletter delivered after hours, giving you a first look at tomorrow and last look at today. Sign up for free to receive it directly in your inbox. Here's what CNBC TV's producers were watching on Monday and what's on the radar for Tuesday's session.

Tuesday's big stock stories: What's likely to move the market in the next trading session

's recent successful quarter and suggested stock of the big-box retailer has room to run. "Brian Cornell and his team have spent years executing a turnaround at Target and now the comeback is finally kicking in," he said. "Even though the stock soared last week, it's way down from its highs, so I'd be a buyer right here, right now."

Jim Cramer explains Target's turnaround and why the stock is a buy here

The Motley Fool

A record-breaking cost-of-living adjustment (COLA) in 2025 is unlikely to benefit most seniors.

Social Security's Historic 2025 Cost-of-Living Adjustment (COLA) Is on Track to Yield a Trio of Disappointments

Las Vegas, NV

Zoreen Kabani was always passionate about style. "I love clothing, love fashion, love being coordinated," she says. She just didn't think she could make a career out of it. Kabani, 37, and now based in Las Vegas, spent the first decade or so of her career working in finance. In her native Pakistan, "it's still a point of expectation to be in some form of a traditional career path," she says. She was a financial analyst at Goldman Sachs then a banker and financial advisor at JPMorgan Chase.

37-year-old brings in more than $100,000 a month selling clothes on Whatnot: ‘Consistency is key’

The first of three numbers the Social Security Administration (SSA) will use to determine the 2025 cost-of-living adjustment (COLA) is in, and it points to a more modest increase in monthly benefit payments next year. The Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W) rose by 2.9...

Social Security COLA 2025: How Much Will Payments Increase Next Year?

SmartAsset

For many people, early retirement means 62. This is the age they can start withdrawing money from their retirement accounts and receive Social Security. For example, let's assume an individual with $425,000 in a Roth IRA, a $1,000 monthly pension, and expect $1,600 in Social Security. Is it going to be enough? As often in […] The post I’m 62 With $425k in a Roth IRA and $2,600 per Month between Social Security and Pension. Can I Retire Now? appeared first on SmartReads by SmartAsset.

I'm 62 With $425k in a Roth IRA and $2,600 per Month between Social Security and Pension. Can I Retire Now?

FinanceBuzz

You can't always avoid taxes, but on these income sources, you won't pay as much as you expect.

Retirees Don't Have To Pay Taxes on These Kinds of Income

Business Insider

Gary Hohenstein, 73, retired early and moved to Germany with his wife. He says his benefits go further abroad than they would in the US.

A baby boomer says he collects enough in retirement benefits to live a good life in Germany but doesn't think his money would go as far in the US

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NewsNinja

A lady is cautioning others about purchasing budget earrings from Amazon, Shein, and H&M, after she experienced keloid formations on her earlobes due to wearing them. On a TikTok post that has garnered more than 334,000 likes, Sailor Rozema (@sailor.rozema), a content creator, shares a warning with her community of "dangly earring girls": the inexpensive jewelry found in fast fashion can have negative impacts on your well-being.

‘I’ll never be wearing earrings for the rest of my life’: Customer warns against buying from Shein

These regulations answer some key questions about the newest RMD rules.

The IRS Just Updated the Required Minimum Distribution (RMD) Rules. 3 Things Everyone Needs to Know.

Texas State

An uptick in sausage demand can offer the latest sign of consumers tightening their belts as they continue grappling with high prices. There has been "modest growth" in the dinner sausage category for one producer, according to the Dallas Federal Reserve's Texas Manufacturing Outlook Survey released Monday. This underscores the trends of shoppers opting for cheaper products and pulling back spending all together as cumulative inflation bites into purchasing power.

Increased sausage demand could be worrying signal on the economy

About half of retirees claim at one of these three ages.

Here Are the Most Popular Ages to Claim Social Security and Their Average Monthly Benefits

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Gillian May

I’m a former nurse and recovering alcoholic, and I’ve been concerned by the lack of health education given to the general public about the dangers of mixing alcohol with certain medications. The common practice is to place warnings on medications that they should not be combined with alcohol. Although some doctors will provide warnings and some education, they often don’t because education takes up a lot of time in a busy healthcare environment. Plus, many doctors underestimate the ability of patients to retain education. Lastly, discussing this may prompt people to stop taking their vital medications so it becomes a risk/benefit issue.

Opinion: Why You Shouldn’t Mix These Medications With Alcohol

Fox News

The Biden administration’s proposal to tax investment returns that have not yet been realized is "insane" and "absurd," economists told Fox News Digital.

'Beyond Insane': Economists slam Biden-Harris proposal to tax unrealized investment returns

Total Apex Sports & Entertainment

Virgo season will progress well on August 27. Three struggling zodiac signs will tap Gemini’s immense energy which will help them end their grief. The Half Moon will test their resolve to heal and desire to continue facing hardships. Still, Gemini’s healing vibe will inspire them to end their hardships and change existing circumstances.

3 Zodiac Signs Whose Hardships End on August 27, 2024

The New York Times

At 72, Janice Campbell might not seem like your average investor in a Roth account. Those investment vehicles — funded with after-tax dollars instead of the pretax contributions that go into most individual retirement accounts and 401(k)s — are typically recommended for younger workers.

Opening a Roth Account May Be a Good Move, No Matter Your Age

If you have a workplace retirement account, like a 401(k), 403(b) or 457 plan, it should be your go-to for investing because it’s loaded with benefits, including:. Employer matching (in some cases) Automatic payroll deductions. Federal legal protections under the Employee Retirement Income Security Act of 1974 (ERISA) Advice...

Maxed Out Your a 401(k)? Here Are 5 More Smart Investments to Check Out Next

Understanding 401(k) non-spouse beneficiary rules is key for anyone planning their estate and retirement. When a non-spouse inherits a 401(k), the distribution options differ significantly from those available to a spouse. Non-spouse beneficiaries must follow specific guidelines regarding withdrawals, which can impact both taxes and the timeline for accessing the funds. Knowing these rules can […] The post 401(k) Beneficiary Rules for Non-Spouses appeared first on SmartReads by SmartAsset.

401(k) Beneficiary Rules for Non-Spouses

NewsBreak

Here's how to harvest 0% capital gains amid the latest stock market rally

After a strong year for the stock market, tax-gain harvesting could help rebalance your portfolio and save on future taxes. For 2024, you may qualify for...

Here's how to harvest 0% capital gains amid the latest stock market rally

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