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Roth IRA: Part of a major new tax-savings rule from the IRSRoth IRA accounts are a big part of new guidance from the IRS on long-term retirement savings. A new rule allows for the after-tax portion of 401(k) plans to be separated from the pre-tax portion and moved into a Roth IRA, resulting in tax-free growth from then on for that account.
Christmas shipping deadlines for 50 popular stores and websites聽To help you spend as little as possible on shipping fees, we've collected cut-off dates for Christmas delivery at some of today's most popular retailers. Just remember to pad your order by a few days to ensure your packages don't get tangled by winter storms or other unforeseen delays.- Will cheap gas cause electric car sales to plummet?The notion that electric car sales will plummet with the arrival of聽vastly lower gasoline prices has been floating around lately. But for many reasons, it's not a foregone conclusion that plug-in electric car sales will fall just because gas prices have gotten lower.聽
- The humble beginnings for seven world famous retailersIf you want to go big, think of starting small. Remember, many of America's iconic brands sprouted from no-name status. Seven examples below showcase their humble beginnings.聽
- Fifteen things that will be less expensive in 2015As you plan your budget, a modicum of relief is on the way in 2015.聽Falling gas prices and an end to tarrifs on Chinese imports will affect prices on everything from food to electronics.聽
Russian ruble falls against dollar even as oil prices inch upA roundup of world business headlines on Monday, including the slide in value of the Russian currency.- Aston Martin Works celebrates 60th anniversary with limited edition VanquishAston Martin Works will celebrate its 60th anniversary with six bespoke, highly customized cars. The company says they鈥檒l feature a bevy of unique appearance features, plus one especially cool material: piston metal interior trim.聽
From the MagazineHow cheap oil changes the worldConsumers get lower heating bills and prices at the pump. Russia, Iran, and Venezuela face shrinking treasuries, while Saudi Arabia tries to still US drills.聽- Will immigrants get a tax windfall from refundable credits?Lawmakers scuttled an effort to permanently extend a number of tax breaks鈥攍argely because many feared聽it would open the door to widespread use of refundable tax credits by undocumented immigrants covered by President Obama鈥檚 recent executive order. Is their concern justified?
- The weather outside is frightful. Get cozy with our top five deals on coatsIt's cold and it'll only get colder.聽With much of the country seeing snow this week, it's a great time to bundle up. In the interest of keeping you cozy, we've rounded up the week's best outerwear deals.聽
- Crop diversity and the future of foodGenetic preservationists are vital to the sustainability of our future food production, Metcalfe writes.聽With predictions that the demand for food will increase by 60 percent during the next three decades, the need for conserving diversity in both crops and animals is critical.聽
Korean Air jet returns to terminal over improperly served nuts. Was firing justified?Former Korean Air in-flight services chief Heather Cho ordered her jet back to the gate so that she could fire and remove from the aircraft a server who handed her macadamia nuts still in the package rather than on a plate.
Layaway angel spends $20,000 at Toys 'R' Us to make Christmas merry for familiesFrom a 'layaway angel' in Massachusetts to an NFL player in Texas, as the holidays approach, a series of individuals with big hearts are bringing joy to others.- Top five Christmas gift ideas for parentsBuying holiday gifts for one's parents is wicked hard when you're grown up, so we've rounded up five of our favorite gift ideas for parents.聽
- Eighteen books to give food loversThese books help eaters find the most nutritious and delicious produce at the supermarket, provide recipes that are good for teen chefs, educate readers about the importance of saving indigenous seeds, and provide home cooks the inspiration they need to start canning and preserving.聽
- Cheap alternatives to 11 hot holiday giftsWe've rounded up 11 awesome alternatives to in-demand items that are less expensive, provide a much better value for your dollar and have almost the same functions.聽
- Giving cash for Christmas? Try stock instead.When giving a gift, an alternative to giving cash is to gift stock. This technique is not as easy or straight forward to grasp, but there are some significant tax savings available for those who choose to use them.聽
- Michigan police surprise drivers by helping with holiday shoppingInstead of a speeding ticket, officers in Lowell, Michigan gave pulled-over drivers gifts to help with their holiday shopping. The stunt was funded UP TV, but it made quite a few drivers happy.聽
US jobless claims fall to three-week lowJobless claims filed by US workers fell last week, pointing to a strengthening labor market.聽Initial jobless claims聽for state unemployment benefits slipped by 3,000 to a seasonally adjusted 294,000 for the week ended Dec. 6, the Labor Department said on Thursday.聽
Retail sales in the US hit 8-month high in November. Will holiday spending soar?Retail sales rose 0.7 percent in November 鈥 their biggest monthly gain in eight months despite a relatively weak Black Friday weekend. Cheap gas prices and higher wages helped fuel the November retail sales growth.聽
