Name: Coming law would require employers to automatically enroll you in 401K plan
Uploaded: 2022-04-14T17:57:42-0400
Duration: 114880
Description: A bill expected to reach President Joe Biden's desk later this year could bring about new rules involving 401k programs.

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Wake County Public School System Superintendent Robert Taylor speaks to the League fo Women Voters of Wake County, April 18, 2024

More than 21% of North Carolina's four-year-olds enrolled in the state's pre-kindergarten programs during the 2022-2023 school year, up from the prior year but still below the state's pre-pandemic highs, according to the National Institute for Early Education Research.

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 A bill expected to reach President Joe Biden's desk later this year could bring about new rules involving 401k programs.

AND THE WRAL APP TV OR STREAMING DEVICE CONGRESS IS TAKING ACTION TO HELP AVOID A POTENTIAL RETIREMENT CRISIS. A BILL EXPECTED TO REACH PRESIDENT JOE BIDEN'S DESK LATER THIS YEAR COULD BRING OF NEW RULES INVOLVING 4 0 ONE K PROGRAMS. >> JENN SULLIVAN HAS A CLOSER LOOK AT HOW THOSE CHANGES COULD IMPACT YOUR RETIREMENT SAVINGS. >> HE RETIREMENT SAVINGS MAY BE ABOUT TO FACE A MAJOR, AN INEVITABLE CHANGE. PART OF THIS OVERALL IS TO ACTUALLY FORCE PEOPLE INTO SAVING IN A 4 ONE K PLAN. THE LEGISLATION SECURE WRECKED 2 POINT O IS EXPECTED TO REACH PRESIDENT JOE BIDEN'S DESK BY THE END OF THE YEAR IF PASSED AND SIGNED, IT COULD REQUIRE MOST EMPLOYERS SPONSORED RETIREMENT PLANS TO ENROLL, ELIGIBLE WORKERS AUTOMATICALLY AT A 3% LEVEL THAT WOULD INCREASE BY ONE PERCENT UNTIL YOU'RE CONTRIBUTING 10% OF YOUR PAYCHECK ANNUALLY. WORKERS WOULD HAVE THE OPTION TO OPT OUT OR CHANGE THEIR CONTRIBUTION LEVEL. MOST PEOPLE DO NOT UNDERSTAND SOMETHING CALLED THE PAY YOURSELF FIRST RULE AND THAT MEANS PUT MONEY IN YOUR RETIREMENT PLAN. BEFORE YOU START SPENDING MONEY ON THINGS LIKE ENTERTAINMENT AND TRAVEL, THE PLAN WOULD ALSO DELAY MANDATORY WITHDRAWALS. AND WHEN IT PENALTIES FOR THOSE WHO FAILED TO WITHDRAW ON TIME, THE PROPOSED ACT COULD ALSO MAKE IT EASIER FOR THOSE WITH STUDENT LOANS TO SAVE HIM FOR OLDER WORKERS TO MAKE CATCH-UP CONTRIBUTIONS. IT'S ALSO A MAJOR CHANGE FOR PART-TIME WORKERS. >> WHO WOULD BE ABLE TO CONTRIBUTE TO 4, ONE K PLANS FOR THE FIRST TIME WITH PENSION PLANS NEARLY EXTINCT AND THE SOCIAL SECURITY TRUST FUND FACING A 75 YEAR DEFICIT. EXPERTS SAY FOR ONE K PLANS OR MORE CRITICAL THAN EVER THAT THREE-LEGGED STOOL RETIREMENT HAS BASICALLY TURNED INTO A POGO STICK. >> AND IT'S GOING TO BE ON YOUR BACK AND YOUR RESPONSIBILITY TO SAVE MONEY. >> AND THAT WAS JENN SULLIVAN REPORTING. THE PLAN WOULD ALSO EXTEND TAX CREDITS TO SMALL BUSINESSES FROM PROVIDING GREATER ACCESS TO RETIREMENT PLANS FOR THEIR WORKERS. AND IT WOULD CREATE AN ONLINE

Jodi Leese Glusco

Coming law would require employers to automatically enroll you in 401K plan

WRAL-TV News Broadcasts: Watch each newscast live or watch the most recent newscast on demand.

WRAL Late News 

Get the latest WRAL WeatherCenter Forecast whenever you need it, including the DUALDoppler5000 and the 7-Day Forecast.

<p>Hi, everyone. Meteorologist Anthony Baglione here on this Friday where we're still looking at some relatively warm temperatures into this afternoon. 83 is where we should hit for a high temperature. Nice and quiet for us until we get later on into late this afternoon into this evening where we're gonna watch the potential for some showers and storms coming through. Not a ton of activity for us as we head later on into tonight. There's a look at rain chances though. They go up to about 50% as we head into that evening time frame. So if you have any plans tonight, if you want to go out and get a Friday evening dinner or something like that, it might be a good idea to a, get the indoor table and then b bring along the reindeer just in case tonight. Here's a look at Future cast. So we time this out looking pretty quiet here the next couple of hours that band back to our west, it should start to weaken as it gets closer to us. It may try and restrengthen them as we get into. Like there's four o'clock you can see on Futurecast 56 o'clock or so, some of those storms could be on the stronger side and then it pushes out of here as we get later on into tonight and then we see maybe a stray shower potential still outline for tomorrow morning. Here's a look at our severe potential today. Level one out of five for most of the viewing area. What this is saying is there could be some isolated pockets where we get some stronger storms. It looks like the best chances for that would be west of us. But gusty winds would be our primary threat as we get into this evening. 78 is where we go for our Saturday. A huge temperature swing there into Sunday at 59 scattered showers are gonna be likely though, especially Sunday afternoon into Sunday evening, they do start to taper off though late Sunday night. So for the Tar Heel 10 miler, that's tomorrow morning, we are proud partners of that. We're going to see temperatures in the sixties for the majority of the forecast there. A stray showers possible, but most of the morning is looking just fine for that event. Tomorrow. We head over the next seven. We go from 83 today all the way down to 59 on Sunday. A rebound of 66 on Monday and then a nice week next week attempts in the seventies, even a few upper sixties there Thursday looking pretty quiet after we get some rainfall there to close out our weekend.</p>

WRAL WeatherCenter Forecast

Daytime Pick 3 and Pick 4 drawings are held at 3 p.m. daily. They can be seen as live or on-demand video.

Good afternoon. I'm Me Global. Welcome to this news drawings for Friday, April 19th, 2024. Let's get started with Carolina pick three. The first number is five. The second is seven. The third is eight and our pick three. Fire all number is five. Joining me for this afternoon drawing is our A for a con and JL LP. Now move on to Carolina pick for the first four. Number is eight. The second is eight. The third is six. The fourth is two and our pick four. Fireball number is six. The North Carolina Education lottery has contributed over $10 billion to education. Thanks for your support and thanks for playing.

Daytime Pick 3 and Pick 4 Drawing

Gov. Roy Cooper joins United States Secretary of Energy Jennifer Granholm to make a clean energy announcement.

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Nightly N.C. Education Lottery drawings during the 11 p.m. News.

Good evening. I'm Gayle Hurd. Welcome to tonight's joins for Thursday, April 18th, 2024. Well, let's get started tonight with our Carolina pick three. Our first winning number is a three. Our second number is three also and our third number tonight is two and our pick three. Fireball number is one. Joining me for tonight's drawing is our auditor from mcconal and Jones L LP. Now let's move to the Carolina pick four. Good luck. Everyone is that first winning pick four number. It's a seven. Our second number is six. Third number tonight is seven again and our fourth number is two and our pick for a fireball number is an eight. We're turning now to the Carolina cash five. If no one was the top prize tonight. Tomorrow, our prize is estimated at $235,000. Good luck. Everyone. Who's that first winning cash five number. It's 22. Second number is five third number tonight is it 25. Our fourth number is 10 and the final number in our cash drive this evening is 21. The North Carolina education lottery has contributed over $10 billion to education Thanks to your support. Get your winning numbers right here every night in your exclusive station for the North Carolina Education lottery. Thanks for playing. Have a great night.

Evening Pick 3 Pick 4 and Cash 5

After 22 years in business, Armadillo Grill on Glenwood Avenue in Raleigh has closed.



WE HAVE MORE RAIN IN THE FORECAST FOR THE WEEKEND. I'LL SHOW YOU COMING UP. THE LIST OF DOWNTOWN RALEIGH BUSINESSES SHUTTING THEIR DOORS IS ARMADILLO GRILL IS THE LATEST TO CLOSE FOR GOOD. >> WRAL'S SEAN GALLAGHER IS IN DOWNTOWN RALEIGH TO FIND OUT WITH THIS MEANS FOR THE GLENN WOOD, SOUTH AREA. SEAN, THIS WAS A SURPRISE TO A LOT OF FOLKS. >> YEAH, THIS WAS VERY ABRUPT SO ABRUPT THAT WE'VE SEEN A HANDFUL OF PEOPLE COMING UP HERE TRYING TO GET LUNCH ON THIS THURSDAY AFTERNOON AND THEY'RE MET WITH THIS SIGN ON THE DOOR, LETTING THEM KNOW THAT THEY ARE SHUT DOWN FOR GOOD, EFFECTIVE IMMEDIATELY AT THIS LOCATION. NOW, THIS TEX MEX RESTAURANT CALL THE CORNER OF GLENWOOD AVENUE AND TUCKER STREET HOME FOR THE LAST. 22 YEARS. IN A FACEBOOK POST, THE OWNERS SAY CHANGES IN THE RESTAURANT INDUSTRY AND RISING COSTS ARE WHY THEY'RE SHUTTING DOWN THIS LOCATION. IT'S THE LATEST IN A STRING OF STAPLE BUSINESSES RALLY, CLOSING CLOUDS BREWING, SHUT DOWN ITS RALEIGH TAVERN ON WEST STREET EARLIER THIS MONTH IN THE CAPITAL CLUB. 16 IS SHUTTING DOWN AT THE END OF THIS MONTH. OUR BELOVED REAL SAID THEY WILL LOOK FOR ANOTHER LOCATION TO SERVE THE RALEIGH COMMUNITY. BUT FOR SHARE MCCRACKEN OF GARDEN SCAPE DESIGNER FOR BUSINESSES AROUND THIS AREA. THIS IS JUST A SIGN OF THE EVOLUTION OF THE NEIGHBORHOOD. >> IT'S ELEVATING RIGHT NOW. PEOPLE THAT ARE NOT ABLE TO KIND OF ROLL WITH IT. NATURALLY COMING TO AN END AND MAYBE THERE WILL BE ANOTHER SPOT THAT'S PERFECT FOR THEM. BUT YOU CAN DEFINITELY FEEL THAT THERE IS A CHANGE GOING ON ON THE STREETS OF DOWNTOWN RALEIGH. >> AN ARMADILLO GRILL WILL ARE STILL OFFER THEIR CATERING SERVICES HERE AND THEY WILL STILL OPERATE THEIR FLAGSHIP LOCATION IN CARRBORO. BUT RENEE, THAT'S ABOUT 40 MINUTES AWAY RIGHT NEAR UNC CAMPUS. >> WHILE CUSTOMERS WILL HAVE TO DRIVE A LOT FARTHER AND WE WILL SEE WHAT ENDS UP TAKING ITS PLACE. THERE ON GLENWOOD

Glenwood South staple Armadillo Grill closes

Monday, Wednesday, and Saturday Powerball drawings, as shown live on WRAL.

Is powerball. Good evening, everyone. I'm Randy Trainer. Tonight. We have our life changing jackpot. It's estimated to be $80.7 million to get your tickets ready. Here. Come, tonight's winning numbers. Let's start things off this evening with the number 24. Right after that America. We have the number 54 and congratulations to Lisa Hayes from Illinois. She won $2 million playing powerball. All right, the rest of your winning number is 4447. And let's round it out tonight with the number 29 and tonight's win powerball number that's gonna be two and your power play multiplier is two. Let's take a look at tonight's winning numbers. Remember there are multiple ways to win. Good luck, everyone. We'll see you back here on Saturday night. It's time to play America's favorite.

Powerball Drawing

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