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    News You Should Know: How Will Colorado’s Economy Fare in 2025?

    News You Should Know

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    December 18, 2024

    Colorado Experts Predict What the Economy Will Look Like in 2025 | The Colorado Sun

    Every year, local experts have the difficult task of taking stock of the state economy and predicting what a new year will bring. For 2025, experts say the state’s population continues to grow, albeit slower than in years past. And that slower growth rate could have a ripple effect on the job market as employers struggle to find enough employees to fill open positions.

    IRS Urges Many Retirees to Make Required Withdrawals by Year-End Deadline | Internal Revenue Service

    If you’re retired and you have savings in a defined contribution plan like a 401(k), 457, or IRA, you’re likely required to make minimum required distributions (RMDs) by the end of each year. The IRS sent out a notice reminding retirees of the deadline and new rules enacted under the SECURE 2.0 Act.

    Quiz: Test Your Financial Literacy | Kiplinger

    How would you rate your financial literacy? Believe it or not, three simple questions can help you gauge your literacy. If you can correctly answer all three multiple-choice questions, you’re doing better than over half of all Americans.

    Baby Boomers Are Aging, and Most Want to Stay at Home Forever | USA Today

    A recently released survey from AARP finds that an overwhelming majority of Americans say they want to stay in their homes and their local communities while they age, but many are unsure they’ll be able to do so. Half of the survey’s respondents said they were not confident their current living situation will meet their needs in the future, and over half of that group said they expect to move.

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

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