Owners of a traditional individual retirement account (IRA) or tax-deferred retirement account must take required minimum distributions (RMDs) beginning at age 73 to avoid an excise tax.

Hadi Zaher / Getty Images Employers subject to the Fair Labor Standards Act in the United States must pay the federal minimum wage of $7.25 per hour as of 2025. State minimum wage can vary and is ...

Minimum wage workers in Florida, your paychecks will get another bump this year and the next on the way to $15 an hour. That's thanks to the amendment Floridians approved in 2020 to raise the wage ...

According to Axios, the minimum workers' compensation will increase in 21 states, 48 cities and counties on January 1st. By 2027, about half of the workers in the United States will live in states ...

Connecticut is raising the minimum wage to $16.35 per hour. CT Gov. Ned Lamont signed Public Act 19-4 back in 2019, which implemented five incremental increases in the minimum wage between 2019 ...

California is one of 30 states with a minimum wage higher than the federal rate of $7.25 per hour. Already one of the states with the highest minimum salaries in the country, it is implementing ...

Minimum-wage workers in 21 states will see a bigger paycheck come the new year. They're among the many thousands of laws changing as a new year begins. Those wage increases will impact an ...

The standard minimum wage in Michigan is rising to $10.56 an hour starting Jan. 1, the first of two scheduled increases to the base wage in the state slated this year. Starting Jan. 1, the hourly ...

Other measures will increase the minimum wage and improve reimbursements for ambulance squads. The measures were passed by the State Legislature during the 2024 session, signed into law by Gov.

MIAMI — Minimum-wage workers in Florida will see a subtle increase in their paycheck in 2025 thanks to a state constitutional amendment approved by voters nearly five years ago. In 2020 ...

Alaska’s minimum wage was raised on Wednesday to $11.91 per hour, up from $11.73. The change is the result of a 2014 ballot initiative — the Alaska Wage and Hour Act — that established Alaska Statute ...

Arizona's minimum wage is going up again. Workers at the bottom of the pay scale will earn 35 cents an hour more starting Jan. 1, 2025, with a new level of $14.70 an hour compared with $14.35 in 2024.