401(k) balances drop 4% in 2026: How do your retirement savings compare with Fidelity data?A 4% decline in average 401(k) balances during early 2026 has put retirement savings and financial planning back in focus. Market volatilit...
03 Jun, 2026, 03.52 AM IST
Powerball jackpot climbs to $86 million for May 16 drawing - Here's what the winner could actually pocket on Saturday nightThe Powerball jackpot has surged to an estimated $86 million for the May 16 drawing. Millions are hoping for a life-changing win. Players h...
15 May, 2026, 08.32 AM IST
Can struggling Americans actually retire rich with TrumpIRA? The surprising numbers behind Trump’s new IRA savings pushTrumpIRA retirement savings plan is reshaping how low-income Americans think about long-term wealth. Nearly 70 million workers in the U.S. ...
09 May, 2026, 11.40 PM IST
How to build real wealth in India: CA explains what truly separates rich people from wealthy. 'Millionaires don’t just chase...'A post by Chartered Accountant Nitin Kaushik explains that being rich and being wealthy are not the same, as real wealth depends on financi...
04 May, 2026, 09.04 PM IST
Max your 401(k) or not? The smart rule that could boost your retirementA 401(k) is a popular way to save for retirement and grow money over time. It gives tax benefits and sometimes free money from employers. B...
27 Apr, 2026, 08.53 PM IST
Earning under $1 million? Here’s why you keep all your income under new tax ruleWashington introduces a new Millionaires’ Tax to help middle- and lower-income residents. People earning under $1 million keep their income...
01 Apr, 2026, 07.44 PM IST
Families may get $1,330 checks under ‘Robin Hood’ Bill, but the rich are furiousUp to $1,330 checks for 460,000 families could come from Washington’s proposed millionaires’ tax bill. The plan adds a 9.9% tax on income a...
13 Mar, 2026, 11.39 PM IST
What is Zohran Mamdani’s new Millionaire Tax? Will it push wealthy out of New York City?New York City’s newly elected mayor, Zohran Mamdani, has sparked renewed debate over wealth and taxation with his proposal to raise income ...
07 Nov, 2025, 05.27 PM IST
401(k) millionaires skyrocket by 16% — find out why savers are winning bigMore people are now 401(k) millionaires as retirement savings hit new highs. Fidelity says steady saving and staying invested helped many r...
15 Sep, 2025, 07.45 PM IST
Zohran Mamdani pushes 2% millionaire tax on NYC’s richest — is there a mayhem ahead for the rich?Mamdani’s proposal has faced strong pushback from business leaders and fiscal conservatives, with hedge fund manager Bill Ackman labeling t...
29 Jun, 2025, 11.35 PM IST
Billionaire boom: This financial adviser says India is minting billionaires much faster than millionaires across the worldIndia is producing billionaires at a faster pace than millionaires, fuelled by entrepreneurship, digital ambition, and generational wealth ...
06 Jun, 2025, 01.49 PM IST
Touching his support base? Donald Trump may hike taxes on these Americans, most of whom have been his supportersDonald Trump tax hike plan is sparking new debate as the President considers raising income taxes on Americans earning over $1 million annu...
23 Apr, 2025, 09.30 PM IST
Rachel Reeves to relax non-dom rules amid millionaires' exodus from UKThe amendment would give easier access for some individuals to the so-called temporary repatriation facility, which allows non-doms to brin...
23 Jan, 2025, 11.55 PM IST
Left-leaning millionaires make a beeline to leave America after Trump's victory in US elections, who are they?Right after Donald Trump's sweeping victory in the US elections 2024 race against Kamala Harris, left-leaning millionaires are strongly con...
10 Nov, 2024, 05.37 AM IST
Globally mobile millionaires threaten to desert Britain over taxBassim Haidar may move to Greece or Monaco due to PM Starmer's inheritance tax revisions potentially ending the non-dom regime. He suggests...
19 Jul, 2024, 05.10 PM IST
Republicans supporting firms that outsource jobs to India, China: Harry Reid"It's no surprise Republicans are on the side of corporations making big bucks sending American jobs to China and India," Senate Majority L...
19 Jul, 2012, 02.08 AM IST
Most millionaires willing to pay higher taxes: Barack ObamaBarack Obama again urged Congress to pass his jobs plan, saying most millionaires "are willing to step up" and pay higher taxes to support ...
31 Oct, 2011, 09.11 AM IST