News You Should Know Archives | Page 2 of 3

The latest estimates show Social Security is likely to deplete its reserves in less than a decade, which could lead to benefit reductions if Congress doesn’t take action before then. A recent proposal calls for shoring up the system by limiting benefit payments for higher earners. This article examines the pros and cons of that option as well as other proposals for improving Social Security’s funding.

Trump Signs Executive Order Expanding Retirement Account Access for Workers | CNBC

An executive order will soon make it easier for private-sector employees to enroll in a retirement plan if they don’t have one at work. The order establishes a new website, which will launch in 2027, that allows workers to compare and enroll in privately-run individual retirement accounts (IRAs). Eligible workers can also receive matching contributions from the federal government.

The Oldest Millennials are 45! This Tool Helps Plan for Longevity | NPR

You may be thinking regularly about retirement and making sure your finances are in order, but how well have you prepared for other aspects of aging? A new survey from the MIT AgeLab and John Hancock Insurance, called the Longevity Preparedness Index, goes beyond money to assess readiness on a variety of factors, such as social support, health, and ease of access to your home.

2026 Retirement Destinations In The US, Ranked Worst To Best | Money Digest

Cities in Florida and Arizona may be traditionally popular spots for people looking to relocate in retirement, but locations around the country are gaining ground. This list examines some cities with high percentages of retirement-age citizens and the positive and negative factors that may influence a decision to move there. While no cities in Colorado made the list, one city in a neighboring state came in near the bottom while another ranked in first place.

News You Should Know is a digest of news from publications around the nation about finance, investing, and retirement.

News You Should Know: Why the Third Year of Retirement is Often the Hardest

Posted on April 28, 2026May 8, 2026 by Kurt Sevits

Psychology Says the Hardest Year of Retirement Isn’t the First—It’s the Third. Here’s Why | Parade

When preparing for retirement, you might think the first year after leaving full-time employment will provide the biggest challenge as you adjust to your new lifestyle. However, it turns out many people have a lot of plans for year one, and it’s actually a couple years in that they begin to realize how much their life has changed. Here are some tips for making the adjustment a little easier.

States With Automated Retirement Savings Programs See Growth in New Private Plans | Pew

New research provides evidence that state-run retirement plans with automatic enrollment continue to encourage private-sector employers to offer plans of their own, expanding access to retirement savings. According to Pew, Colorado had the highest rate of new plan formation among states with so-called “auto-IRAs” in 2023, the first year of the Colorado SecureSavings program.

New Bills Boost Caregivers’ Retirement Savings Options | ThinkAdvisor

Two new bills under consideration in Congress aim to make it easier for caregivers to save money for retirement. If passed, the bills would remove some of the current limits on retirement plan contributions for people who leave the workforce to care for a loved one, particularly with regard to Roth IRA and catch-up contributions.

Want to Use AI to Plan Your Retirement? Here’s How to Proceed | MIT Sloan School of Management

People are increasingly turning to generative AI tools like ChatGPT for financial advice, including planning for retirement. Experts say AI is good at some aspects of financial planning and the technology is improving rapidly, but it’s important to use caution as AI still has its limits and isn’t bound by the same regulations as human advisers.

News You Should Know is a digest of news from publications around the nation about finance, investing, and retirement.

News You Should Know: 39 States Now Require Personal Finance Education

Posted on March 31, 2026May 8, 2026 by Kurt Sevits

More States Require Personal Finance Courses as Financial Literacy Lags | Planadviser

There’s been a trend in recent years of states passing legislation requiring personal finance education for high school graduation. As of the end of 2025, 39 states—including Colorado—now have a statewide financial literacy requirement in place.

401(k) Hardship Withdrawals Hit Record High — But Investments Still Up | Axios

The number of American workers requesting hardship withdrawals from their 401(k) accounts hit a new high last year, according to a report from Vanguard. The increase in withdrawals could be due to increased financial pressure as well as legislation that made it easier to withdraw money. At the same time, a separate report found account balances were up in 2025.

Trump Accounts: A Primer for Parents | Center for Retirement Research

Beginning later this year, parents will be able to open so-called “Trump accounts” to jumpstart their children’s savings. The accounts come with a $1,000 starting contribution, and like other savings accounts, they also come with a number of rules and regulations around who can open an account, who can contribute and how much, and when distributions are allowed.

The Unappreciated and Underused Saver’s Credit | American Society of Pension Professionals & Actuaries

Many workers are unaware of the Saver’s Credit, which allows eligible individuals to receive a tax credit for a portion of their contributions to an employer-sponsored retirement plan. The maximum credit is $1,000 for individuals ($2,000 for married couples filing jointly) and workers must meet income requirements in order to claim the credit.

News You Should Know is a digest of news from publications around the nation about finance, investing, and retirement.

News You Should Know: Study Challenges Beliefs About Healthy Aging

Posted on March 17, 2026May 8, 2026 by Kurt Sevits

New Study Challenges the Most Popular Myth About Aging | Newsweek

It’s a commonly held belief that declines in physical and mental abilities are a natural part of aging, but new research is challenging that notion. According to researchers at Yale University, improving with age is common and mindset may have a lot to do with it.

Impact of State Budget Cuts Gets Real as Lawmakers Start Trimming Medicaid Programs | CPR News

Medicaid spending is on the chopping block as legislators work to cut hundreds of millions of dollars from the State budget. The Joint Budget Committee is recommending cuts to caregiver hours and some services, since Medicaid is a large and growing portion of the budget. The full legislature will have to approve any cuts to Medicaid or other services.

Tax Scams Are on the Rise. Here’s What to Know. | The Associated Press

The Internal Revenue Service says it’s seen an increase in scam activity this tax season. The scammers often use threatening phone calls, emails, and text messages to trick people into providing personal information. Officials say scammers are also increasingly using artificial intelligence to try to fool their victims.

15 States with Most, 5 States with Least Retirement Savings | 401k Specialist

Colorado is doing better than a lot of other states when it comes to setting aside money for retirement. According to a new ranking from SmartAsset, Colorado tied with California and Ohio for 10^th place overall, with median savings of $100,000 in tax-deferred accounts like 401(k)s. The analysis didn’t include defined benefit plans or Social Security benefits.

News You Should Know is a digest of news from publications around the nation about finance, investing, and retirement.

News You Should Know: How New Retirement Accounts With Federal Match Would Work

Posted on March 3, 2026May 8, 2026 by Kurt Sevits

How Relief for the 40 Million Americans Without a Retirement Account Could Work | Business Insider

President Trump announced a plan to provide retirement savings accounts for Americans who don’t have access to a retirement plan through work. The accounts are expected to function similarly to the Thrift Savings Plan available to federal government workers.

Average IRS Tax Refund is Up 10.2%, Based on Early Filing Data | CNBC

Tax season is well underway with millions of Americans already filing their annual tax returns. Many taxpayers are receiving larger refunds this year, according to the IRS, with the average refund coming out to $3,804 for individual filers.

As the US Population Ages, More Employees are Seeking Caregiver Benefits at Work | The Associated Press

Caring for an aging parent or other family member is a challenge many American workers face, and it’s starting to influence workplace benefits. Some employers are starting to offer paid time off for caregiving, allowing employees to handle family responsibilities without having to use other types of leave or take unpaid absences.

5 Retirement Myths to Leave Behind (and How to Start Planning for the Reality) | Kiplinger

If you’re nearing retirement, you may be starting to envision what your life—and your expenses—will look like after you stop working full-time. A professional financial adviser shares some common misconceptions about retirement-related topics such as taxes and budgeting.

News You Should Know is a digest of news from publications around the nation about finance, investing, and retirement.

News You Should Know: Retirement Plans Out of Reach for Many Workers

Posted on February 17, 2026May 8, 2026 by Kurt Sevits

The Typical U.S. Worker Has $955 Saved for Retirement, Report Finds | CBS News

A new report from the National Institute on Retirement Security (NIRS) found that many American workers still lack access to retirement plans at work, hindering their ability to save for retirement. The median savings for all workers is just $955, according to NIRS.

Congress Extends Medicare Telehealth Coverage For Two Years | Forbes

President Trump signed into law a bill that temporarily extends telehealth coverage for retirees enrolled in traditional Medicare. The bill extends virtual care coverage through the end of 2027. All of PERACare’s Medicare Advantage plans include virtual visits at no additional cost.

Elon Musk Says Stop Saving for Retirement: Experts Call It ‘Nonsense’ | TheStreet

Billionaire Elon Musk recently declared that saving for retirement will one day be obsolete. While discussing the topic on a podcast, Musk predicted AI and robotics will usher in an age of prosperity that will eliminate the need to set aside money for the future. But retirement experts say not so fast—saving and planning for retirement are more important than ever, and Musk’s vision of the future is anything but certain.

Geriatricians Share Signs Of Good Aging | HuffPost Life

Everyone has their own definition of what it means to age well, but doctors say there are a few key factors that can help ensure we stay happy and healthy as we get older. Here are some signs that you’re setting yourself up for success in your older years.

News You Should Know is a digest of news from publications around the nation about finance, investing, and retirement.

News You Should Know: Which States are Best for Retirement?

Posted on February 4, 2026May 8, 2026 by Kurt Sevits

Best States to Retire in 2026 | WalletHub

Personal finance website WalletHub released its annual list of best states for retirees and Colorado made the top five. The number-one spot went to our neighbors to the north in Wyoming. Colorado came in at number four, earning high scores on factors related to health care, such as number of medical facilities and availability of services for older residents.

Colorado Now Has 6 Million People, Even Amid Slowing Population Growth | The Colorado Sun

The Centennial State’s population continues to grow, albeit significantly slower than in recent years. According to the latest data from the State Demography Office, Colorado’s population grew at a rate of 0.4% in 2025, pushing the state’s population above 6 million for the first time.

Retirement Realities: The Experience of Retirees | Transamerica Institute

A new report from the Transamerica Center for Retirement Studies and Transamerica Institute includes survey responses from American retirees on their retirement experiences and perspectives. Among the key findings: 66% of retirees say their standard of living has remained the same in retirement, 47% plan to rely on their relatives and friends for long-term needs, and 69% wish they had saved more money for retirement consistently.

Retirement Savings ‘Lost and Found’ Helps Locate Old 401(k)s, Pensions | CNBC

Since the U.S. Department of Labor launched its online lost-and-found database for retirement plans, tens of thousands of people have logged on and found information on an old plan. The agency said more than 69,000 people found an old 401(k), pension, or other plan last year. Right now, the database is limited to data for people who are 65 or older.

News You Should Know is a digest of news from publications around the nation about finance, investing, and retirement.

News You Should Know: Colorado Lawmakers Facing $850 Million Budget Gap

Posted on January 20, 2026May 8, 2026 by Kurt Sevits

Colorado Lawmakers Return to Capitol Facing $850 Million Mountain of Tough Budget Decisions | The Colorado Sun

The State budget is once again front and center as the 2026 legislative session gets underway. Lawmakers are facing the prospect of cutting approximately $850 million in spending to pass a balanced budget for the next fiscal year, which begins July 1.

When Does the IRS Start Accepting Tax Returns? Jan. 26 | CNBC

Tax season is nearly upon us—the Internal Revenue Service announced it will begin accepting individual tax returns on January 26. Some taxpayers could see bigger refunds this year due to various changes included in President Trump’s One Big Beautiful Bill Act. The deadline to file is April 15 for most taxpayers.

5 Obscure Retirement Terms You Should Know |AARP

How well do you know retirement terminology? Take this short quiz from AARP to test your knowledge and learn about important topics like required minimum distributions and longevity risk.

Why Young Retirement Savers Are Beating Older Generations | National Association of Plan Advisors

A new survey found younger generations seem to be heeding advice to save money for retirement early in their careers. Compared to Generation X and Baby Boomers, Generation Z and Millennials are contributing to workplace retirement plans earlier, monitoring their progress, and planning for market volatility, according to the survey from Nationwide Retirement.

News You Should Know is a digest of news from publications around the nation about finance, investing, and retirement.

News You Should Know: Tips for Making Financial Resolutions That Stick

Posted on January 7, 2026May 8, 2026 by Kurt Sevits

If You Have a Money Resolution for 2026, Start Here, Experts Say | PBS News

It’s that time when many people make—and very quickly break—self-improvement goals for the new year. If your resolutions are more financial in nature, like buying a home or paying down debt, here are some tips for making and achieving realistic goals.

US Stocks Just Posted a Third Straight Year of Stellar Gains | CNN Business

2025 was another great year in the financial markets. The U.S. stock market ended with its third straight year of double-digit gains, with the S&P increasing more than 16% for the year. Colorado PERA won’t have complete and audited financial results for the Defined Benefit Plan portfolio until the release of the Annual Comprehensive Financial Report in June.

Missing RMDs Cost Investors $1.7B in Penalties, per Vanguard | PLANADVISER

If you have money in a defined contribution retirement account like a 401(k) or IRA, you’re hopefully aware that you’re required to withdraw a minimum amount from your accounts each year once you reach a certain age. According to a recent report from Vanguard, many account holders fail to do so, racking up hefty tax penalties.

Colorado Scientists Say the Drug Leukine Halts Brain Cell Loss in Patients with Alzheimer’s and Could Improve Cognition | CPR News

Scientists in Colorado have published some promising new research on treating Alzheimer’s disease. A team found the drug Leukine, which can be used during cancer treatment, shows promise in reducing cell death in the brain associated with Alzheimer’s. The drug is not yet approved for treatment of Alzheimer’s and scientists said further research will help determine whether the drug can reduce or even reverse cognitive decline.

News You Should Know is a digest of news from publications around the nation about finance, investing, and retirement.