Savings

Mississippi Entergy customers will see $80 credit or check and long-term savings

Mississippi Entergy customers will see $80 credit or check and long-term savings

Entergy Mississippi customers will get a break on their bills because of a historic settlement announced Thursday by the Mississippi Public Service Commission.”Entergy’s customers win. Almost $300 million of benefits are flowing back to Entergy’s customers,” said Public Service Commissioner Brent Bailey.Earlier this week, Entergy officials and MPSC commissioners approved the settlement agreement that ends …

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Investors criticize federal retirement savings program over new system

Investors criticize federal retirement savings program over new system

Placeholder while article actions load Three weeks after the retirement savings program for millions of federal workers switched to a new operating platform, lawmakers are demanding answers as investors report widespread problems. Complaints have flooded social media, and messages have poured into congressional offices from investors describing being unable to sign into their accounts, long …

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Many younger baby boomers may outlive their 401(k) savings, new research finds. Here's why

Many younger baby boomers may outlive their 401(k) savings, new research finds. Here’s why

Elena Kurkutova | Istock | Getty Images Older Americans may have a number of different goals with their retirement savings. But usually their main goal is the same: to make it last. Unfortunately, many younger baby boomers and members of subsequent generations who don’t have access to a traditional pension could outlive the funds in …

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Stock market's fall has wiped out $3 trillion in retirement savings this year

Stock market’s fall has wiped out $3 trillion in retirement savings this year

The U.S. stock market rout that has put U.S. equities in a bear market isn’t just reducing the net worth of billionaires like Elon Musk and Jeff Bezos. It’s also taking a toll on Americans’ retirement savings, wiping out trillions of dollars in value. The selloff has erased nearly $3 trillion from U.S. retirement accounts, …

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