November 4, 2024

IRS increases retirement plan contribution limits for 2025

November 04, 2024

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NATION

At least 11 injured by severe storms in Oklahoma as tens of thousands of homes lose power

Severe storms and tornadoes battered Oklahoma early Sunday, tossing cars and ripping roofs off buildings in the middle of the night and leaving tens of thousands of homes and businesses without power. Among numerous injuries, 11 people required hospitalization, authorities said. Much of the damage occurred in and around the state capital, Oklahoma City, near the state’s center.

WORLD

World’s largest captive crocodile dies in Australia aged more than 100

Cassius, the world's largest crocodile in captivity, has died at the age of over 110 years. Measuring 5.48 meters (18 feet) and weighing more than a ton, Cassius had been in declining health since October 15th, according to Marineland Melanesia Crocodile Habitat on Green Island, near Cairns, Queensland. Cassius had been a resident at the sanctuary since 1987 after being relocated from the Northern Territory, a region known for its crocodile-based tourism.

BUSINESS

IRS increases 401(k), other retirement plan contribution limits for 2025

Key changes include:

  • 401(k) Plans: The annual contribution limit will increase by $500, allowing individuals to contribute up to $23,500 in 2025. This adjustment also applies to 403(b) plans, governmental 457 plans, and the federal Thrift Savings Plan.

  • Individual Retirement Accounts (IRAs): The annual contribution limit remains unchanged at $7,000. The catch-up contribution limit for individuals aged 50 and over also stays at $1,000.

  • Catch-Up Contributions for 401(k) Plans: For employees aged 50 and above, the catch-up contribution limit remains at $7,500. This means eligible individuals can contribute a total of $31,000 to their 401(k) plans in 2025.

HEALTH

Onions are likely source of E. coli outbreak linked to McDonald’s, federal agencies say; 15 additional cases reported

Fresh slivered onions served on McDonald’s Quarter Pounders were the likely source of an E. coli outbreak that has led to one death and illnesses in more than a dozen states, the US Centers for Disease Control and Prevention and US Food and Drug Administration said Wednesday. “It is not necessary to avoid eating onions or other foods made with onions,” the CDC said.

 

ENTERTAINMENT

Actor Alan Rachins, Known for 'L.A. Law' and 'Dharma & Greg,' Dies at 82

Born in Cambridge, Massachusetts, Rachins pursued acting in New York City, studying under notable figures like Kim Stanley and Warren Robertson. He gained prominence portraying lawyer Douglas Brackman Jr. on "L.A. Law" from 1986 to 1994, earning both Emmy and Golden Globe nominations. Later, he endeared audiences as Larry Finkelstein, the free-spirited father on "Dharma & Greg," which aired from 1997 to 2002.

TRAVEL

Spirit's Latest Fare Deals Include Flights to NYC, Las Vegas, and Houston for Less Than $25

Spirit Airlines has recently introduced a series of budget-friendly flight deals, offering one-way fares under $25 to various popular destinations. These limited-time offers include routes such as:

  • Atlanta, GA (ATL) to Houston, TX (IAH): Starting at $20

  • Boston, MA (BOS) to Newark, NJ (EWR): Starting at $20

  • Burbank, CA (BUR) to Las Vegas, NV (LAS): Starting at $24

  • Charlotte, NC (CLT) to New York, NY (LGA): Starting at $24

  • Seattle, WA to Las Vegas, NV: Starting at $24

FOOD

Krispy Kreme Is Giving Away Free Doughnuts This Week

Krispy Kreme is celebrating Election Day on Tuesday, November 5, 2024, by offering a free Original Glazed doughnut to all customers at participating U.S. locations. This promotion is part of their "Doughmocracy" campaign, aiming to encourage civic participation. No purchase is necessary, and guests do not need to show an "I Voted" sticker to receive the free doughnut. Additionally, select stores will distribute "I Voted" stickers while supplies last, providing fresh stickers for those who voted early or by mail.

NOSTALGIA

Your Favorite Holiday-Themed Classics Are Making A Comeback On MeTV

MeTV is launching its "A Very Merry MeTV" holiday programming, featuring over 100 holiday-themed episodes from beloved classic series. The lineup begins on November 24, 2024, with the "First Thanksgiving" episode from Happy Days and continues through December, concluding with The Waltons on Christmas Day. Viewers can enjoy festive episodes from shows like The Beverly Hillbillies, Gilligan's Island, Mama's Family, Adam-12, and The Wild Wild West.

FUN STUFF

Daily Trivia Game

Play Trivial Pursuit Infinite, the free online game that offers daily challenges and AI-generated trivia questions on any topic you can think of. Test your knowledge in this fun and engaging game.

TODAY IN HISTORY

November 4

WORD OF THE DAY

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NATIONAL DAY

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