Page 16 - 401ks News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Christina p. >> my last name is long. we'll try again next time. >> sandra: make him do it again. >> 401ks. tax reform 2.0 discussed yesterday on capitol hill there are three bills within there. the first one talking about retirement savings and improving that for middle class americans. they're proposing small employers should automatically enroll employees, one part of it. automatic. >> bill: you don't lose 10 years because you forgot to consider it or you didn't want the take the chance of losing more from your paycheck. >> when you are automatically enrolled it is more successful having to...

Getting more in my paycheck. it's $2,000 for a median income increase. it's a big deal, and it's working. businesses are kicking into 401ks, that kind of thing. good news. good to hear. thank you. >> take care. >> voting under way in texas as the lone-star state kicks off ahead of the midterms. why analysts there say top republics should be worried. >> and new york firefighters battle an inferno. more on this story ahead. you know what's awesome? gig-speed internet.

Is the impact for most average americans on those retirement plans and others right now? >> you certainly saw a dip yesterday and percentagewise, as you mentioned, that really hasn't been much of a record breaking impact. a lot of the financial advisers we've been talking to all say for people who have 401ks, those long-term investments are long term for a reason and not to make any sort of sudden moves on that. we see a pretty big recovery. we have to remember this so-called trump rally that has continued to climb over past year, well, 1,100-point drop does not necessarily wipe it out. it wip...

The population owns 80% of the stocks. so you can imagine a story where the populist president says, hey, don't worry about what's happening on wall street, that's just the rich guys that you have to worry about, all of this algorithmic trading that richard was talking about. although it would be a great irony because he is one of those rich guys. >> but obviously, richard, a lot of people watching this are thinking about their 401(k)s. >> and that's the irony to go on what rana has just said. if you think back to some of the president's recent speeches, he's looked out to his audiences and sa...

Reports that the unemployment rates have gone down in the average hourly wages going up. hogan gidley joined me a few minutes ago and said look, this is exponentially better today than when president trump took office despite the dip. some strong signs of the economy. joining me now for this breaking news moment, he's going to help us make some money. >> i'm going to talk you off a ledge, i guess that's what i'll do today. >> harris: i was reminding viewers a short time ago, we are coming after 99 reports of record news breaks on the dow. we've been making money in our 401ks. >> last you are a...