Online disinformation campaigns continue to plague social media platforms and erode public discourse. Far too often, we hear stories from local and national news outlets about different entities seeking to divide the American people by spreading inflammatory, inaccurate information.
Just this week, a Facebook page purporting to share breaking news about North Carolina, was revealed as a primary hub for disinformation. Today, when so much of our news is distributed online, it can be hard to distinguish what information is credible and what is not. As we navigate social media websites – or encounter sources of information that catch the eye – we must be diligent and do our research on the different issues that are being discussed.
The Growth of 401(k)s
Since President Trump took office, Americans have experienced a sizable upswing in their 401(k) balances. In 2018, the average 401(k) balance increased by 17% and the average individual retirement account (IRA)balance rose equally. With the U.S. stock market experiencing record highs, Americans are not only earning more money, but they’re also saving more money.
From October to December of last year, average savings rates for American workers who contributed to their retirement accounts – along with combined employer matches – rose to over 13%. These figures underscore the importance of effective retirement planning. By making consistent contributions – over long periods of time – you can effectively plan for your financial future.
