Required minimum distributions (RMDs) begin the year someone turns 73 years old. RMDs are based on your age and account value at the end of the previous year. The initial penalty for a missed RMD is ...

Michigan’s new minimum wage of $13.73 an hour is the highest it’s ever been and among the highest in the Great Lakes region. But how does it compare to the rest of the country? Michigan ranks 20th ...

As of January 1, New York State’s minimum wage for Upstate is $16.00 up from $15.50. New York State’s minimum wage was the same as the Federal minimum wage of $7.25 as recently as 2013, 13 years ago.

HARTFORD, Conn. (WTNH) — Standing in the middle of Hartford’s trendy Pratt Street, Gov. Ned Lamont (D) lauded the latest hike of Connecticut’s minimum wage — a 59 cent increase triggered by ...

The Golden State raised minimum wage to $16.90. California cost of living runs about 40% above national average. Some California cities pay higher rates than the new minimum wage. As the cost of ...

This year, for the first time, more workers will live in states with a minimum wage of at least $15 per hour than in states with the federal minimum of $7.25. By Audra D. S. Burch As the rising cost ...

Iowa hasn't raised its minimum wage since 2008. It's the same as the federal minimum wage at $7.25 an hour. Besides Wisconsin, which shares the same federal minimum wage, that's lower than every state ...

The new year is here, and as we move through the first full week many people are reeling from returning to work, and remembering all the responsibilities they set aside during the holidays. If you've ...

From housing to everyday expenses, California has long been among the most expensive states in the country. As costs continue to rise, the Golden State has increased its minimum wage by 40 cents, ...

Virginians earning minimum wage should see more money in their paychecks after a 36-cent-per-hour increase took effect Thursday. The minimum wage in the commonwealth went from $12.41 per hour to ...

PORTSMOUTH, Va. (WAVY) – While the minimum wage has increased with the start of the new year, so have other things, such as tolls. It puts making more money as a goal for many in this new year. “Life ...

Many U.S. workers are ringing in the new year with a raise as new minimum wage increases take effect in states and localities across the country on Thursday. More than 8.3 million workers are expected ...