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Watch: Zac Brown performs, talks Kendra Scott engagement on 'Today'
Watch: Zac Brown performs, talks Kendra Scott engagement on 'Today'

UPI

time25-07-2025

  • Entertainment
  • UPI

Watch: Zac Brown performs, talks Kendra Scott engagement on 'Today'

1 of 5 | Zac Brown Band performs on Today" on Friday. Frontman Zac Brown discussed his engagement to Kendra Scott. Photo by John Angelillo/UPI | License Photo July 25 (UPI) -- Zac Brown is feeling "blessed" after his engagement to jewelry designer Kendra Scott. The Zac Brown Band frontman, 46, discussed his next chapter when the band stopped by Today Friday. "What are you going to get somebody that designs jewelry?" he teased, referencing her engagement ring. "But no it's incredible, incredible, so happy. We're so happy we found each other and we're blessed, so it just adds so much energy to everything else -- more to give to music, more to give to our families and everything so we're blessed." The pair announced their decision to get married Wednesday after becoming red carpet official in May when they stepped out at the American Music Awards. The couple each have children from prior relationships, and both have been married, previously. Zac Brown Band is set to take the stage at the Las Vegas Sphere beginning in December to coincide with the release of their album Love & Fear. Zac Brown performs on 'Today' in NYC Zac Brown Band performs on the NBC Today Show at Rockefeller Center in New York City on Friday, July 25, 2025. Photo by John Angelillo/UPI | License Photo

Jean Chatzky sends strong message on 401(k)s, IRAs
Jean Chatzky sends strong message on 401(k)s, IRAs

Miami Herald

time23-07-2025

  • Business
  • Miami Herald

Jean Chatzky sends strong message on 401(k)s, IRAs

Many Americans planning for retirement are often encouraged to start by contributing to both a company-sponsored 401(k) plan and an Individual Retirement Account (IRA) as major parts of their financial strategy. Former NBC Today Show financial editor Jean Chatzky offers a key data point on U.S. household retirement savings progress and explains some important things to know about the 401(k) and IRA challenge facing Americans. Don't miss the move: Subscribe to TheStreet's free daily newsletter Individuals should consider placing a high priority on contributing to an employer-sponsored 401(k) - especially when matching contributions from the company are available, the HerMoney founder explained. With automatic deductions taken directly from paychecks, Chatzky clarified, this approach requires minimal effort and decision-making, offering a streamlined and effective path to retirement savings. In Chatzky's July 22 HerMoney email newsletter, she explained why one important number regarding IRAs is 44%. "That's the percentage of U.S. households saving for retirement through IRAs – accounts that hold over $16.2 trillion and make up 38% of all U.S. retirement wealth," Chatzky wrote, citing an Investment Company Institute report. "No IRA, you say?" she asked. "For many women, these accounts are key to closing the retirement savings gap." Jean Chatzky describes gap annuities as a financial tool crafted to bridge the income divide that can occur between leaving the workforce and the start of other retirement benefits, such as Social Security or a pension. Gap annuities can also help delay the time when a person would otherwise make withdrawals from their 401(k) plans and IRAs. These short-term annuities - generally lasting between three and ten years - are typically funded through a lump sum or a series of payments. In return, they offer reliable income over a defined period. Chatzky likens them to a substitute paycheck, providing a steady cash flow for retirees - or anyone experiencing a temporary break in earnings. More on personal finance: Dave Ramsey warns Americans on Social SecurityJean Chatzky sends strong message on major 401(k) changesFinance expert has blunt words for car buyers Who gap annuities are good for In the HerMoney newsletter, Chatzky describes the financial situations that make sense for when people should consider gap annuities. Early retirees who want to wait to start collecting Social Security in order to maximize their monthly who are waiting on a pension or another delayed income who need income before their required minimum distributions (RMDs) begin at age 73 or 75, depending on your birth year. Retirees without pensions who want to turn part of their retirement nest egg into a steady income stream – basically creating their own DIY pension. "Unlike lifetime annuities, gap annuities are time-limited, making them more flexible and often less expensive," Chatzky wrote. "As with all financial products, make sure you read the fine print - watch out for fees, surrender charges and whether or not the income keeps up with inflation," she added. Chatzky has explained her approach to investing in retirement savings accounts, even in times of volatility in the market. "I'm always buying," she said. "I think I'm very much the typical retirement investor. I put money into the markets in my 401(k) and other retirement accounts and brokerage accounts on a regular basis in a very methodical way." Chatzky has emphasized the fact that she typically avoids investing in individual stocks, preferring a more diversified approach through mutual funds. While she views stock-picking as an occasional source of enjoyment, her main strategy involves staying the course with long-term investments. Chatzky also outlined another method she believes can support investors during market downturns, aimed at helping people maintain their financial footing when stock values dip. Related: Jean Chatzky warns Americans on a slick Roth IRA retirement move "You should always try to have enough in bonds and cash that you could prevent yourself from having to sell when stocks are really down," Chatzky has said. "Other than that, I think we really can't control these things." The Arena Media Brands, LLC THESTREET is a registered trademark of TheStreet, Inc.

Aerosmith's Joe Perry on reunion rumors after Steven Tyler's career-ending throat injury
Aerosmith's Joe Perry on reunion rumors after Steven Tyler's career-ending throat injury

New York Post

time02-07-2025

  • Entertainment
  • New York Post

Aerosmith's Joe Perry on reunion rumors after Steven Tyler's career-ending throat injury

We don't want to miss a thing about this potential reunion. Aerosmith guitarist Joe Perry got candid on the possibility of Aerosmith reuniting, despite the band retiring from touring in 2024, following Steven Tyler's 2023 vocal cord injury. 'I don't know, man, we're talking about it,' the band's founding member, 74, said while on SiriusXM's 'Trunk Nation with Eddie Trunk' on Monday. 'Except for like, anything on the calendar, we're all alive and well. So we'll just have to see.' 8 Aerosmith guitarist Joe Perry. Getty Images 'I know there's got to be at least another Aerosmith gig and I'm not looking forward to putting the set list together for that one!' Perry continued. 'But we will just have to see. I've always played like every show is the last one. I hate to sound like it's a downer, but I give it up every night.' He added that he and fellow Aerosmith members, including Tyler, 77, Tom Hamilton, Joey Kramer and Brad Whitford, all keep in contact and talk 'probably a couple of times a week.' 8 Joe Perry and Steven Tyler in 1984. Redferns Touching on the band having to cancel the remainder of their Peace Out: The Farewell Tour in 2024, the rocker said, 'The first gig we did for that tour that got canceled, we certainly felt like there was going to be another one, but s–t happens.' Radio host Eddie Trunk then asked Perry if Steve 'seems well enough' since he has been playing shows sporadically. 'I think he would [like to do a show],' Perry stated. 'I think it's just a matter of getting there. We're up there, man. It's a lot. It was interesting with COVID and everybody being home for that length of time, it was like, 'Oh, so this is how other people live.'' 8 Steven Tyler and Joe Perry. 8 Steven Tyler (R) and Joe Perry of Aerosmith perform on stage at Download Festival. Redferns via Getty Images Perry isn't used to that kind of stillness since founding the rock band in 1970. Since then, the group has released 15 studio albums and performed at over 2,000 concerts. 'Sleeping in your own bed every night and hopefully not feeling s—-y from COVID. In the beginning, it was pretty bad,' he went on. 'It really, really opens your eyes. I don't think I've gone a year without something on the calendar and having to be somewhere. So that's the bigger picture.' Perry isn't ready to quit yet, as he's set to embark on The Joe Perry Project tour this year. 8 Steven Tyler performs with band members Joe Perry, Brad Whitford andTom Hamilton on NBC Today Show. Christopher Peterson/Splash News 'I have enough left in me. I still want to do it,' he confessed. 'But right now, for this project, I'm going to be taking it out and giving it up. I'm just glad I got these guys to open up enough time to come along. So we will see what happens.' In April, Aerosmith producer Jack Douglas also opened up about the possibility of a reunion for the Rock & Roll Hall of Famers. 'I hope so,' the producer exclusively told The Post. 'I don't know, I hear rumors. But I'm sure that they would love to, you know?' 8 Steven Tyler and Joe Perry of Aerosmith perform onstage during Day 2 of Bud Light Super Bowl Music Fest. Getty Images Aerosmith announced their retirement from touring due to Tyler's vocal injury after the singer fractured his larynx during a show in September 2023. 'As you know, Steven's voice is an instrument like no other,' Aerosmith wrote on Instagram at the time. 'He has spent months tirelessly working on getting his voice to where it was before his injury. We've seen him struggling despite having the best medical team by his side.' 'Sadly, it is clear that a full recovery from his vocal injury is not possible,' the statement continued. 'We have made a heartbreaking and difficult, but necessary, decision — as a band of brothers — to retire from the touring stage.' 8 Steven Tyler and Joe Perry of Aerosmith attends the Hollywood Bowl opening night celebration in 2013. FilmMagic 8 Steven Tyler was spotted in New York City. Rick Davis / Douglas knew that Perry, at least, wouldn't slow down. 'I mean, Joe [Perry] is gonna keep rocking,' he said. 'I mean, these guys want to keep playing.' Touching on Tyler, in particular, Douglas exclaimed, 'There is no Aerosmith without Steven.' 'So if Steven can sing, believe me, he'll want to be out there.'

Jean Chatzky sends surprising message on 401(k) plans
Jean Chatzky sends surprising message on 401(k) plans

Miami Herald

time06-05-2025

  • Business
  • Miami Herald

Jean Chatzky sends surprising message on 401(k) plans

Business Jean Chatzky sends surprising message on 401(k) plans As financial pressures mount due to rising costs in housing, groceries, and fuel, many American workers are focusing on managing their daily expenses. Growing concerns about market instability and a potential economic downturn have made it increasingly difficult for individuals to balance short-term financial obligations with long-term savings goals. Jean Chatzky, the well-known financial expert and former NBC Today Show editor, has surprising words for workers about common pitfalls in retirement planning, especially when it comes to 401(k) plans. Don't miss the move: Subscribe to TheStreet's free daily newsletter She emphasizes the widespread issue of inadequate savings, encouraging individuals to take a more proactive approach. Despite immediate financial challenges, retirement planning remains a priority. Workers are actively contributing to 401(k) plans and Individual Retirement Accounts (IRAs) to safeguard their future financial security. Employer-sponsored 401(k) plans provide a reliable avenue for retirement savings, particularly with matching contributions that enhance savings potential. Automatic paycheck deductions further streamline the process, ensuring consistent contributions without requiring extra effort. Related: Jean Chatzky warns Americans on Social Security, retirement money For 2025, the maximum contribution limit for 401(k) plans has increased to $23,500, compared to $23,000 in 2024. Catch-up contributions for workers aged 60 to 63 now reach $11,250, significantly higher than the $7,500 limit for those aged 50 to 59. IRAs, on the other hand, offer access to a broader range of investment opportunities not available in 401(k) plans. But IRAs require a more hands-on approach, as individuals must set up their accounts and arrange automatic contributions themselves - something that can deter some from taking full advantage of their benefits. The contribution limit for IRAs remains at $7,000 in 2025, with an additional $1,000 catch-up contribution available for those 50 and older. With economic uncertainty lingering, Chatzky's surprising thoughts about retirement planning are particularly relevant. A retired couple is seen holding hands and walking on a beach. Former NBC Today Show financial editor Jean Chatzky discusses the importance of saving as a key to free up money for 401(k) plan contributions. Shutterstock Shutterstock Jean Chatzky has surprising words on saving and 401(k) values Chatzky offers advice that might surprise some about how saving money is more important to people's investments and 401(k) plans than may be obvious. "The amount of money you manage to sock away is much more important than the return on that money," she wrote in her book, Money Rules: A Simple Path to Lifelong Security. Chatzky wrote that readers can take her word for it, or take a look at an "eye-opening" example that has major implications. More on retirement: If you set aside $250 each month and invest it, likely in a 401(k), your savings will grow, Chatzky explained. After a year, with a 6 percent return, you'd accumulate $3,267. If the return is 10%, your total would rise to $3,311 - an additional $44. However, delaying your savings by a single month would reduce your total 401(k) contribution, even at the higher 10% return, to $3,052 - meaning you'd have $215 less. Similarly, if you opted to save only $200 per month instead of $250, your balance after a year at a 10% return would be $2,649 - a difference of $618. These numbers highlight how consistency and early action can significantly impact one's long-term financial growth. "As your nest-egg grows and gets into the six figure range, the return on investment starts to matter more," Chatzky wrote. "But you can't get to that level if you don't start to save now. Right now." Related: Shark Tank's Kevin O'Leary sends strong message on Social Security Jean Chatzky offers another word about prioritizing 401(k)s and retirement Chatzky makes an additional point about the importance of 401(k)s and a person's retirement savings and investments, particularly for those who have children and are making every effort to help them in any way they can - and even save for their kids' college education. "You know when you're on an airplane and they always tell you to put your oxygen mask on first before assisting a child?" she asks. "Saving for long-term financial needs is the same. If you don't save for your own future first, you won't be able to help your children when they need it." "Worse, they may be forced to help you just when they're trying to put their own kids through school," she added. "There is no financial aid for retirement. There is plenty of financial aid for college. Don't feel guilty about this." Related: Veteran fund manager unveils eye-popping S&P 500 forecast The Arena Media Brands, LLC THESTREET is a registered trademark of TheStreet, Inc. This story was originally published May 6, 2025 at 10:33 AM.

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