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9 easy ways to save $500 more per year for retirement

By U.S. News & World Report

These financial tips will help you put away more money in your retirement fund with just a few small changes to the way you save and spend.

Boost your balance.

A small increase in your savings rate can result in a big boost in your retirement nest egg. If you save an extra $500 per year between ages 30 and 65 and earn a 7 percent annual return, you will have an extra $70,000 upon retirement. Most people can save an extra $500 for retirement, or just $10 per week, without making any significant sacrifices. Consider these painless ways to boost your retirement account balance.

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9 Easy Ways to Save $500 More Per Year for Retirement originally appeared on usnews.com

Massachusetts court hears arguments in lawsuit alleging Meta designed apps to be addictive to kids

By The Associated Press
BOSTON (AP) — Massachusetts' highest court heard oral arguments Friday in the state's lawsuit arguing that Meta designed features on Facebook and Instagram to make them addictive to young users. The lawsuit, filed in 2023 by Attorney General Andrea Campbell, alleges that Meta did this to make a profit and that its actions affected hundreds of thousands of teenagers in Massachusetts who use the social media platforms. “We are making claims based only on the tools that Meta has developed because its own research shows they encourage addiction to the platform in a variety of ways,” said State Solicitor David Kravitz, adding that the state's claim has nothing to do the company's algorithms or failure to moderate content. Meta said Friday that it strongly disagrees with the allegations and is “confident the evidence will show our longstanding commitment to supporting young people.” Its attorney, Mark Mosier, argued in court that the lawsuit “would impose liabilities for performing traditional publishing functions” and that its actions are protected by the First Amendment.
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