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Transcripts For FOXNEWS Americas Newsroom 20240707

$15,000 of student loans. bill: i would have loved to have been given 10 grand. it could change your life but i signed a contract. a contract. i had to pay it. that was the bill. dana: i was so afraid i couldn t make my next payment that i made two payments at night. i was a waitress. president biden has had to make this decision over and over because he has hemmed and hawed about it. right now today he is expected to cancel up to $10,000 in student debt for americans making less than $125,000 per year. he will also reportedly extend the pause on loan repayments until after the mid-terms even though apparently we have the best job market in history. bill: taxpayers will foot the bill for all of this. it will cost anywhere between $300 billion at the low end and upwards of $980 billion at the high-end depending the decision he makes. dana: the price tag is raising alarm bells on both sides of the aisle. critics are calling it a hand-out that will do more harm than good

11 Worst Mistakes You Can Make With Your 401(k)

What Beldock Decision Means for 401k Litigation

It dismissed the duty of loyalty claim because plaintiffs did not plead any facts giving rise to an inference that defendants engaged in self-dealing, faced conflicts of interest or sacrificed participants’ interests in favor of their own.

SECURE Act Lost and Found Program

Section 303 of SECURE 2.0 requires Department of Labor in consultation with Department of the Treasury to create an online searchable lost and found database of retirement plans. The database will enable plan participants, who might have lost track of their retirement plan.

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