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What President Biden releasing oil from reserves may mean for gas prices

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The Wall Street Journal

401(k) Savings Plans Get a Boost in Bipartisan Retirement Bill

Americans could stash more in their 401(k)s and sit on their nest eggs longer under a House bill that aims to boost individual retirement savings. The bill, passed Tuesday by a vote of 414 to 5, raises contribution limits for older workers, and lets companies offer employees a small cash bonus just for signing up for the retirement plan. The bipartisan measure, which some are referring to as Secure Act 2.0, would build on retirement-policy changes enacted in 2019 that, among other things, raised the age people were required to start withdrawing money from retirement accounts to 72 from 70½.

‘You may not need such a large cash cushion.’ As inflation hits a 40-year high, here’s who might NOT need 6-9 months of expenses saved in their emergency fund, pros say

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