Discover the differences between qualified and nonqualified retirement plans, including regulations, tax benefits, and which plan might be best for you and your retirement strategy. https://t.co/2rCpls0HE3 ...

For the past 90 years, Americans have been able to look forward to monthly payments from the government after they retire. By paying into the Social Security system over the course of their working lives, they are entitled to collect benefits once they reach a certain age. But the Social Security program is in trouble and is at risk of not being able to pay out the benefits that were promised. Trending Now: 6 Best Side Hustles for Seniors To Offset Social Security Cuts Learn More: 6 Safe Accounts Proven To ...

Amanda Otter three-year hunt to recover more than $50,000 in missing 401(k) money shows the risks in some small retirement plans. https://t.co/eclQzZoHHs https://t.co/GvaypGJIa8 ...

Here’s how to take advantage of the tax and withdrawal rules for Roth 401(k) retirement plans in order to get the most from your investment. https://t.co/GNyzxHkd0H ...

401(k)s and pensions are both employer-sponsored retirement plans, but pensions are less common. https://t.co/luvlRYE0af ...

Wall Street is angling to put private assets into retirement plans, but only 10% of 401(k) investors are dissatisfied with their current offerings, according to a Harris Poll survey on behalf of WSJ https://t.co/P2T5yQRzb9 ...

Market Trends & Investment Opportunities - Wall Street aims to incorporate private assets into retirement plans [1] - Only 10% of 401(k) investors express dissatisfaction with current retirement plan options [1]

Government Shutdown Impact - Congressional Budget Office estimates approximately 750,000 federal employees will be furloughed for each day the government remains closed [4] - Social Security Administration anticipates that benefit checks will continue to be disbursed without delays during the shutdown [6] - A protracted shutdown could potentially delay the announcement of the cost of living adjustment (COLA) for Social Security, which is typically announced in mid-October and is estimated to be a 27% increase [8][9] Retirement Planning for Generation X - Gen X feels woefully unprepared for retirement due to obstacles faced in saving, such as the emergence of 401ks during their early careers with limited education and investment options [13][18][19] - Financial advisors recommend Gen X to take a hard look at their budget, consider all assets, and seek professional financial advice [16][17][18] - The "HOVER" method (Hope, Optimism, Value, Enthusiasm, Resilience) is suggested to cultivate a positive mindset towards retirement savings [21][22][23][24][25] E-commerce and Retail Trends - Amazon's Prime Big Deals event goes live October 7th and 8th across 19 countries [27] - Last year's fall event brought in approximately $8 billion in gross merchandise volume, representing a 25% drop from July's Prime Day [28] - Amazon has more than 200 million Prime members worldwide [29] - Amazon's online store sales jumped 11% year-over-year to $615 billion, while physical store sales climbed 7% to $56 billion in its latest quarter [30] - Amazon Prime membership is required to take advantage of Prime Big Deals Day, which costs $1499 per month or $139 per year [31] - Shoppers can expect discounts of up to 65% off on electronics and devices, up to 40% off on health and beauty products, and up to 40% off on toys and sports products [34] - Using a rewards credit card, such as the Prime Visa, can provide an automatic discount, offering 5% back on Amazon purchases [37] Housing Market and Home Renovations - A 10% tariff on lumber imports and 25% on cabinets and furniture are expected to go into effect on October 14th, raising concerns in the housing industry about increased building and remodeling costs [41] - Consumers are opting for more modest home renovations, avoiding expensive projects like $60000 kitchen renovations [44] - Remodelers' sentiment is falling, currently at 59 on a scale of 0 to 100, down from about 77 a few years ago [46] Employee Benefits and Financial Planning - Open enrollment season is the time for workers to review and select benefits, including healthcare and retirement plans [52][53] - Health Savings Accounts (HSAs) are tax-advantaged savings accounts that can be paired with high-deductible health plans [57][58] - Employees should maximize employer-sponsored retirement plans, such as 401(k)s or 403(b)s, especially if the employer offers matching contributions, such as a 3% match [59][60]

Alternative asset managers are exploring what may be the fastest, most direct route yet to the roughly $12.5 trillion in American workers’ retirement plans https://t.co/46RvmnXlDe ...

President Donald Trump signed an executive order on Thursday that will make it easier for 401(k)s and other employer-sponsored retirement plans to offer private equity, real estate, cryptocurrency, and other options. https://t.co/BuTqH8w2Hx ...