Super savers and rich people will be able to put even more money in their 401ks next year. Starting in 2015, contribution limits for the tax-deferred retirement accounts will increase by $500 to $18,000, the Internal Revenue Service announced Thursday.
Meanwhile, the “catch-up” amount that workers age 50 and over can contribute to their plans will rise to $6,000 from $5,500, for a total of $24,000 next year.Of course, not many workers can afford to save those maximum amounts. In 2013, 12% of Vanguard’s more than 3 million 401k participants contributed the max allowed not including any match from their employer, according to the company’s annual How America Saves report.
Large tablets give you more screen space to work on, but they can really weigh you down on your daily commute. Fortunately, opting for a smaller tablet doesn’t mean you have to sacrifice power or great software features. There are tons of pint-size slates that offer zippy performance and features such as multi-window multitasking, stylus integration and even a fingerprint scanner for added security. Read on for a list of the best business tablets with displays smaller than 8.5 inches.
Maintaining your privacy online, like investing in stocks or looking good naked, has become one of those nagging desires that leaves Americans with a surplus of stress and a deficit of facts. So it’s no surprise that a cottage industry of privacy marketers now wants to sell them the solution in a $50 piece of hardware promising internet “anonymity” or “invisibility.” And as with any panacea in a box, the quicker the fix, the more doubt it deserves.
Last week saw the fast forward rise and fall of Anonabox, a tiny $45 router that promised to anonymize all of a user’s traffic by routing it over the anonymity network Tor. That promise of plug-and-play privacy spurred Anonabox to raise $615,000 on the fundraising platform Kickstarter in four days, 82 times its modest $7,500 goal. Then on Thursday, Kickstarter froze those pledges, citing the project’s misleading claims about its hardware sources. Other critics pointed to flaws in Anonabox’s software’s security, too.
The Good Samsung’s Galaxy S5 excels at everything that matters — Android 4.4 KitKat OS; a bright, beautiful display; blistering quad-core processor; and an excellent camera experience. In addition, Samsung’s efforts to streamline its own custom interface and reduce pre-installed bloatware pay off.
The Bad The Galaxy S5 is a only small upgrade over the Galaxy S4. The fingerprint scanner can be confusing to use, and the heart-rate monitor is a niche feature at best. In some regions, the Galaxy S5 costs significantly more than rival top-rated handsets.
The Bottom Line Subtly improved and smartly refined, the Samsung Galaxy S5 is a superior superphone that hits every mark but the sharpest design.
Americans are losing their appetites for Big Macs chased down by Cokes, forcing two megabrands to re-think how to gain market share.
This week McDonald’s reported a 3.3 percent quarterly profit decline, marking its worst performance in years, while Coke’s profit dropped 14 percent with a continuing decline in North American sales during the same period.
What’s going on? That’s the question on the minds of those running both companies who are under pressure to turn things around fast.
McDonald’s execs might take a cue from rival Chipotle Mexican Grill, which posted 20 percent growth in the third quarter. Chipotle restaurants feature a Fresh Mex menu that offers customers a choice of ingredients to customize their orders as well as organic beans and tofu in its Sofritas for vegans.
Apple reported its fiscal 2014 fourth quarter results on Monday, and in a surprise to absolutely no one, iPad sales are down again.For the third consecutive quarter, iPad sales have declined year-over-year. On a call with analysts, Apple CEO Tim Cook positioned the decline in sales as “a speed bump, not a huge issue.” Still, Cook conceded that this isn’t where Apple wants to be. “We want to grow. We don’t like negative numbers on these things.” That need for future growth is probably one of the reasons Apple realigned its iPad offerings last week.
WHEN TO WATCH
New York City: The eclipse starts at 5:49 p.m. ET. The eclipse will still be going on as the sun sets at 6:03 p.m. ET.
Washington: The eclipse starts at 5:52 p.m. ET. The eclipse will still be going on as the sun sets at 6:17 p.m. ET.
Chicago: The eclipse starts at 4:36 p.m. CT. The eclipse will be at its maximum at 5:43 p.m. CT and the sun will set while still in eclipse.
Denver: The eclipse starts at 3:18 p.m. MT. The eclipse will be at its maximum at 4:35 p.m. MT and will end at 5:44 p.m. MDT.
Los Angeles: The eclipse will start at 2:08 p.m. PT. The eclipse will be at its maximum at 3:28 p.m. and will end at 4:40 p.m. PT.