Some employees are suing their employers to get better deals on their 401(k) options. It seems like a wonky version of ambulance chasing. But when employees at an investment firm that creates funds got on the trend, it became a chance to understand what makes a raw deal on a 401(k) fee.
New data indicate the biggest uptick in median household income in decades and a steep decline in the U.S. poverty rate: What's behind the good news for middle- and lower- income families and implications for economic policy.
Household incomes were up sharply in 2015, according to a report released today by the U.S. Census Bureau. Median family income climbed 5.2 percent to $56,516 a year. That's the biggest increase in nearly 50 years.
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