ALL THE MONEY NEWS YOU NEED TO KNOW | | | | | | Daniel de Visé | Personal Finance Reporter
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Good morning! It's Daniel de Visé with your Daily Money, Election Eve edition. Aren't nailbiter elections fun? And how about all those fresh, informative, not-at-all-repetitive campaign ads? Ha ha. |
No, seriously: The 2024 election isn't just dividing the country and sparking heated family and workplace conflicts, Paul Davidson reports. It's also affecting how people spend – or don't spend – their cold, hard cash. |
Forty-four percent of young adults say they're spending less on things like dining out, entertainment and subscriptions because of the election or economic uncertainty, according to an online survey of 18- to 44-year-olds in September and October by Monarch, a personal finance app and website. |
Do you have a secret 401(k) stash somewhere? |
You changed jobs, maybe a few times, since you graduated and joined the rat race. Your company bolted the gates and went out of business. Or maybe you put the memories of a toxic workplace far, far behind you. |
And now, you cannot for the life of you figure out how to track down an unclaimed pension or 401(k) plan. |
Whom do you even call if you think you had money in a 401(k) decades ago? Or if you thought you were covered by a pension? |
📰 More stories you shouldn't miss 📰 |
TGI Fridays, a favorite casual dining destination, has filed for Chapter 11 bankruptcy protection. |
Citing the COVID-19 pandemic among its business challenges, the company filed for bankruptcy Saturday with the U.S. bankruptcy court for the Northern District of Texas in Dallas. The filing encompasses 39 U.S. TGI Fridays locations owned by TGI Fridays Inc., Mike Snider reports. |
Each weekday, The Daily Money delivers the best consumer and financial news from USA TODAY, breaking down complex events, providing the TLDR version, and explaining how everything from Fed rate changes to bankruptcies impacts you. |
Daniel de Visé covers personal finance for USA Today. | | | | Americans, especially Republicans, say they're spending less and putting off big purchases because of uncertainty surrounding the election | | | | If you think you have money sitting in a lost or forgotten retirement account somewhere, there are steps you can take to recover it. | | | | TGI Fridays Inc., which owns 39 of the casual dining chain's restaurants, filed for Chapter 11 bankruptcy on Nov. 2. Restaurants remain open. | | | | An enhanced premium tax credit for Marketplace plans will expire at 2025-end. If Congress doesn't act soon, millions may go uninsured, experts warn. | | | | What's fueling bad sports fan behavior, especially in this economy? We asked sports psychologists. | | | | This is important information if you're trying to build your nest egg. | | | | Saving little by little can result in monstrous future gains, thanks to compounding. | | | | Knowing these important rules could save you a lot in taxes and fees. | | | | Contribution limits for 401(k) and other workplace retirement plans rise for 2025. Sixty- to 63-year-olds get a super contribution for the first time. | | | | Our app gives you award-winning coverage, crosswords, audio storytelling, eNewspaper and more. | | | | | | | Sign up for the news you want | Exclusive newsletters are part of your subscription, don't miss out! We're always working to add benefits for subscribers like you. | | | | | | |
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