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Prudential Launches $150 'Beta Baby Bonus' Program That Could Grow to $100K for Next Generation's Retirement

Prudential Launches $150 ‘Beta Baby Bonus’ Program That Could Grow to $100K for Next Generation’s Retirement

Prudential Financial (NYSE: PRU) introduces initiatives focused on Generation Beta (born 2025-2039), including a comprehensive study and the ‘Beta Baby Bonus’ program. The bonus offers $150 to parents of babies born on January 1, 2025, which could potentially grow to $100,000 by age 70 if invested for retirement. The study…

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Prudential gives Generation Beta a savings kick start and launches first-of-kind study

Prudential gives Generation Beta a savings kick start and launches first-of-kind study

Generation Beta: Redefining Life, Longevity, and Retirement video. First-of-its-kind report reveals what the future may hold for Generation Beta, and the “Beta Baby Bonus” offered today inspires early financial action NEWARK, N.J., January 01, 2025–(BUSINESS WIRE)–Today Prudential Financial, Inc. (NYSE: PRU) joins the world in welcoming Generation Beta (people born Jan. 1, 2025, to Dec….

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Don’t Use Your Retirement Savings To Pay For Your Kid’s College

Don’t Use Your Retirement Savings To Pay For Your Kid’s College

©Shutterstock.com Using retirement savings to fund your kid’s college education is a decision fraught with long-term consequences. “retirement accounts are designed to provide financial security in your later years,” said Kevin Shahnazari, founder and CEO of FinlyWealth. He explained that withdrawing from retirement accounts for educational expenses jeopardizes that security. “Unlike student loans, which can be…

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Suze Orman On How Pre-Retirees Can Max Out Their 401(k) Savings Due To New Contribution Rules

Suze Orman On How Pre-Retirees Can Max Out Their 401(k) Savings Due To New Contribution Rules

‘It’s A Lot, But Worth It’: Suze Orman On How Pre-Retirees Can Max Out Their 401(k) Savings Due To New Contribution Rules Personal finance expert Suze Orman urges pre-retirees to take advantage of significant new opportunities to boost their 401(k) savings. Updated contribution rules will take effect in 2025, allowing workers aged 60 to 63…

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