Daily Money 03-09-21
Good morning, Daily Money subscribers, it's Nathan Bomey on this Tuesday. If you're anything like me, you're having flashbacks this week to a year ago, when the COVID-19 hysteria truly erupted in the U.S. You'll be seeing a lot more anniversary coverage in the days to come.
On to our ...
INSIGHT OF THE DAY: Thinking about an IRA or a 401(k)? Turns out, 401(k)s have higher contribution limits: For people under 50 years old, $19,500 per year can be contributed to a 401(k), compared with $6,000 per year to an IRA. Here's all you need to know about the differences between an IRA, a 401(k) and a Roth IRA.
Now for the news ...
1. What's in the new stimulus bill? $1,400 checks for one thing. Here's everything you need to know about how it affects you.
2. Talk about backfiring. Burger King's U.K. Twitter account attempted to celebrate International Women's Day, and let's just say it didn't go well.
3. Worried about a stock market crash? Here are 5 ways to be ready.
4. Is privacy a concern for you on your smartphone? Here's what to consider.
More below!
--Nathan Bomey, Money reporter