Retirement insights from a Colorado PERA perspective

News You Should Know

News You Should Know: What Rising Interest Rates Could Mean For You

A close-up view of the facade of the Federal Reserve building in Washington, DC
Photo credit: pabradyphoto/Getty Images

Here’s a Breakdown of How the Fed’s Expected Rate Hike Will Impact Your Wallet | CNBC

The Federal Reserve announced it will raise its key interest rate as it tries to get a handle on inflation. Here’s what higher interest rates could mean for your personal finances.

Will the US Have a Cryptocurrency? What to Know About Biden’s Bid for a Digital Dollar | CNET

The U.S. government has had limited involvement in the cryptocurrency boom so far, but that could be changing. President Joe Biden signed an executive order that directs federal agencies to look into the creation of a government-controlled digital currency as well as the potential risks and policy implications.

You Can Still Max Out Your IRAs for 2021, But Only Until April 15. Here’s How to Do It | NextAdvisor

The deadline for filing 2021 tax returns is approaching, and with it comes the deadline for making 2021 contributions to an individual retirement account (IRA). You may be able to use those contributions to increase your tax refund in addition to boosting your retirement savings.

Meet a 74-Year-Old Who Became a Model in Retirement: ‘You Don’t Have to Fade Into the Background’ | Acorns Grow

When Carolyn Doelling retired from her career in business at age 70, she felt dissatisfied with what her retired status meant for her identity and place in the world. She embraced fashion and quickly made a splash, signing with a New York-based modeling agency.


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

Comments

  1. Ken says:

    Getting government more involved in cryptocurrency is dangerous. While I don’t deal in it, I believe it just gives the government another opportunity to just throw a switch and turn it off but, I don’t really know if banks are any safer.

  2. Steve K says:

    A government controled digital currency. Sounds great! Your government will be able to control your spending. No airline tickets for you until you improve your social credit score.

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