News You Should Know: How New Retirement Accounts With Federal Match Would Work

How Relief for the 40 Million Americans Without a Retirement Account Could Work | Business Insider

President Trump announced a plan to provide retirement savings accounts for Americans who don’t have access to a retirement plan through work. The accounts are expected to function similarly to the Thrift Savings Plan available to federal government workers.

Average IRS Tax Refund is Up 10.2%, Based on Early Filing Data | CNBC

Tax season is well underway with millions of Americans already filing their annual tax returns. Many taxpayers are receiving larger refunds this year, according to the IRS, with the average refund coming out to $3,804 for individual filers.

As the US Population Ages, More Employees are Seeking Caregiver Benefits at Work | The Associated Press

Caring for an aging parent or other family member is a challenge many American workers face, and it’s starting to influence workplace benefits. Some employers are starting to offer paid time off for caregiving, allowing employees to handle family responsibilities without having to use other types of leave or take unpaid absences.

5 Retirement Myths to Leave Behind (and How to Start Planning for the Reality) | Kiplinger

If you’re nearing retirement, you may be starting to envision what your life—and your expenses—will look like after you stop working full-time. A professional financial adviser shares some common misconceptions about retirement-related topics such as taxes and budgeting.

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