With more Americans job hopping in the wake of the Great Resignation, the risk of “forgetting” a 401(k) plan with a previous employer has jumped, recent studies show. As of 2023, there were 29.2 million left-behind 401(k) accounts holding roughly $1.65 trillion in assets, up 20% from two years earlier, according to the latest data by Capitalize, a fintech firm.Nearly half of employees leave money in their old plans during work transitions, according to a 2024 report from Vanguard.However, that can come at a cost.More from Personal Finance:Average 401(k) balances drop 3% amid market swingsThe average 401(k) savings rate hit a…
Author: usaeverydaylife
“Death to ICE” is written on a garbage cart following multiple detentions by Immigration and Customs Enforcement (ICE), in downtown Los Angeles on June 6, 2025.Daniel Cole | ReutersFederal agents in Los Angeles on Saturday faced off against demonstrators protesting immigration raids following Friday’s protests that senior White House aide Stephen Miller condemned as an “insurrection” against the United States.The security agents on Saturday engaged in a tense confrontation with protesters in the Paramount area in southeast Los Angeles, where one demonstrator was seen waving a Mexican flag and some covered their mouths with respiratory masks.A live video feed showed…
Americans earning a regular salary may have trouble living comfortably in all 50 states.The median annual wage for individuals was just below $62,000 at the end of 2024, according to the Bureau of Labor Statistics. But it takes a salary of at least $80,829 for a single adult to live comfortably in West Virginia, the most affordable state, according to a recent SmartAsset study.SmartAsset defines “comfortable” as earning enough to follow the 50/30/20 budget method, which recommends putting 50% of your income toward essentials like rent and food, 30% toward discretionary spending and 20% toward debt repayment and savings. It…
Drawing on the painful memory of her defeat three years ago in the French Open final gave Coco Gauff just the motivation she needed to win the clay-court major for the first time.The 21-year-old American defeated top-ranked Aryna Sabalenka 6-7 (5), 6-2, 6-4 on Saturday for her second Grand Slam title, two years after winning the U.S. Open.”I think (the U.S. Open victory) was more emotional but this one was harder,” said Gauff, who managed to handle the elements and the momentum swings better than Sabalenka. “I knew it was going to be about will power and mental (strength).”The victory…
U.S. President Donald Trump speaks to reporters aboard Air Force One en route to New Jersey, U.S., June 6, 2025. Nathan Howard | ReutersPresident Donald Trump on Saturday said that it wasn’t his decision to bring Kilmar Abrego Garcia, a Maryland man who was mistakenly deported to El Salvador, back to the U.S. to face federal charges, saying the “Department of Justice decided to do it that way, and that’s fine.””That wasn’t my decision,” Trump said of Abrego Garcia’s return in a phone call with NBC News on Saturday.”It should be a very easy case” for federal prosecutors, the president…
Little Caesars co-founder Marian Ilitch is the third-richest self-made woman in the U.S., according to a new Forbes list.Ilitch has an estimated net worth of $6.9 billion, Forbes reported on Tuesday. Most of that wealth likely comes from the Little Caesars pizza restaurant chain, which she co-founded with her late husband Michael Ilitch in Garden City, Michigan, in 1959. Little Caesars brings in an estimated $5 billion in annual systemwide sales, Forbes estimated.Ilitch, 90, took the reins as chairwoman of her family’s holding company Ilitch Holdings, which owns Little Caesars, after her husband died in 2017.Growing up, Ilitch refilled napkin…
U.S. President Donald Trump gestures while boarding Air Force One as he departs for New Jersey at Joint Base Andrews, Maryland, U.S., June 6, 2025. Nathan Howard | ReutersPresident Donald Trump told NBC News on Saturday that Elon Musk would see “serious consequences” if he backs Democratic candidates who challenge Republicans supporting the “big, beautiful bill.””If he does, he’ll have to pay the consequences for that,” Trump told NBC News’ Kristen Welker in a phone interview.”He’ll have to pay very serious consequences if he does that,” he continued, without giving specifics on what that would look like.Trump also said that…
The very public implosion of President Donald Trump and Elon Musk ‘s alliance may have captivated Wall Street this week, but the government’s solid monthly employment report was the real showstopper. In addition to those two developments, earnings from Club names CrowdStrike and Broadcom , and the back-and-forth between Trump and Chinese President Xi Jinping on trade defined the market. 1. Jobs, stocks , Fed : The S & P 500 jumped 1% on Friday on the labor data , which showed job growth in May that was strong enough to ease fears of a recession and warmer-but-not-too-hot wage inflation.…
Poonam Desai is an ER doctor with two decades of experience who studied and recommended daily practices for a long life to her patients well before it became her main focus. In 2017, she officially started practicing longevity medicine, teaching patients the tools they need to structure their routines with living long and staying healthy in mind.For her own health and wellness, Desai, who is also a doctor of osteopathic medicine, practices the habits that she typically suggests.”Everything I’m doing, I want to optimize it,” she told CNBC Make It in March.This includes upping her fiber intake: “Every single day I try…
Ashley Kaye’s father passed away in 2015 and she inherited her childhood home — a three-bedroom, one-bathroom house in Waterford, Wisconsin.”I started thinking, ‘Did I really want to live here forever?’ Of course, because I didn’t really want to let go of that huge chapter of my life,” Kaye, 36, tells CNBC Make It. “But I had already been traveling a bit and knew that I wanted to keep traveling more and more.”At the time, Kaye was working in corporate healthcare and then transitioned to a consulting job, where she worked 80 to 100 hours a week.”I worked from home…
