There’s a big upgrade happening in the world of cryptocurrency, dubbed “The Merge.” Experts say the Merge will reduce the environmental impact of Ethereum, one of the most popular cryptocurrency blockchains, and ultimately make the digital currency more useful.
Lawmakers in Washington, DC have introduced a new package of retirement reforms called the Enhancing American Retirement Now (EARN) Act. Included in the EARN Act is a provision that would change the way the Saver’s Credit works, depositing the credit directly into a retirement account instead of being a credit on your tax returns.
Walmart and UnitedHealth Group have agreed to a 10-year partnership aimed at improving access to preventive care for seniors enrolled in Medicare Advantage plans. The partnership will kick off next year at Walmart locations in Florida and Georgia, with plans to expand to other areas in the future.
A common piece of financial advice is to keep three to six months’ worth of expenses in a savings account for emergencies. But that rule of thumb doesn’t necessarily apply to everyone; you may need significantly more cash on hand, depending on where you are in your career, what kind of work you do, and whether or not you have a significant other.
News You Should Know is a digest of news from publications around the nation about finance, investing, and retirement.