Survey: 7 in 10 Think Pensions Better Than 401(k)s | WalletHub

A new survey finds employees continue to prefer defined benefit pension plans over defined contribution plans like 401(k)s for retirement savings. According to WalletHub, 7 out of 10 survey respondents said a pension is better. The survey also found strong support for increasing contributions to improve Social Security’s finances.

52% of Gen Z Investors Have Redirected Investing Money to Sports Bets | CNBC

Younger Americans are increasingly taking big risks with their money, with over half of Gen Z investors saying they’ve shifted money intended for investing to sports bets. Experts warn that while sports betting can offer excitement and quick wins, it doesn’t provide the steady long-term asset growth that is needed for building retirement savings.

Medicare Scams Are Surging Ahead of Open Enrollment | Money

Health insurance open enrollment season is right around the corner (PERACare Open Enrollment begins in October) and scammers are jumping at the chance to take advantage of retirees. Here are some common tactics scammers use to try to get your personal information and how to keep your data safe.

‘What I Wish I’d Known at 45′: Retirees’ Best Financial Advice | Kiplinger

The best advice comes from people with relevant experience. Older Americans who have made the transition into retirement share what they would do differently with their money if they could go back in time to their prime working and saving years.

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