Retirement insights from a Colorado PERA perspective

News You Should Know

News You Should Know: Colorado SecureSavings Plan Up and Running

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Colorado Retirement Plan Launches for Those Without One | The Colorado Sun

The Colorado SecureSavings plan is now officially up and running. The program, which covers private-sector workers who do not have access to a retirement plan through their employer, sets up a Roth IRA that employees can take with them when they move jobs.

Debt Ceiling: 3 Ways Your Finances Could be Affected | CBS News

Earlier this month, the federal government hit its debt limit of $31.4 trillion. The U.S. Treasury is taking steps to avoid defaulting on its debt while Congress decides on action. While a default is unlikely, it could have wide-reaching effects on the economy and Americans’ finances.

Tax Season 2023: Tax Day, Key Changes, and Smaller Refunds? | Kiplinger

The Internal Revenue Service is now accepting tax returns for tax year 2022. For most people, the filing deadline this year is Tuesday, April 18. Here are other key details to know before filing.

Generation X Carries the Most Credit Card Debt, Study Shows | CNBC

Americans’ credit card debt is on the rise — totaling $930 billion in the third quarter of 2022 — but it appears Generation X may be carrying more of that burden than other generations. According to a new survey, Gen Xers owe an average of $7,004 on their credit cards. Compare that with $6,785 for Baby Boomers, $5,928 for Millennials, and $2,876 for Generation Z.

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

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