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Liberty Media Corp completes F1 acquisition

Liberty Media Corporation and Delta Topco, the parent company of Formula 1, has completed Liberty Media’s previously announced acquisition of F1, the iconic global motorsports business, from a consortium of sellers. F1 has appointed Chase Carey as Chief Executive Officer of F1, in addition to his existing role as Chairman, …

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House bill seeks improvements to 529 college savings plans for special need families

A bipartisan bill has been introduced in the House to make it easier to save money in 529 college savings plans and accounts aimed at helping families with special needs children. HR 529, sponsored by Rep. Lynn Jenkins, R-Kan., and Rep. Ron Kind, D-Wisc., would encourage companies to help employees …

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#Americans are now putting more than usual in their 401(k)s

  Saving for retirement requires making sacrifices now so your future self can afford to stop working later. Someday. Maybe. It’s not news that Americans aren’t saving enough. The typical baby boomer, whose generation is just starting to retire, has a median of $147,000 in all of his retirement accounts, according …

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