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Confirmed
Making 401(k) withdrawals is allowed by the IRS but dipping into retirement savings for emergencies is a bad sign Please refresh the page or navigate to another page on the site to be automatically logged in Please refresh your browser to be logged in Making 401(k) withdrawals is allowed by the IRS but dipping into retirement savings for emergencies is a bad sign From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing.
Military teams were brought in to help with rescue and evacuation following the flooding on Wednesday Nepal's foreign minister initially said an earthquake was reported on the Tibet-Nepal border shortly before the landslide, suggesting it may have triggered the disaster.
The United States Geological Survey (USGS) had first reported the event as a magnitude 4.4 earthquake on Wednesday, but later confirmed the incident "was instead a glacial collapse and debris flow" that "caused subsequent catastrophic impacts downstream".
"Additional analysis of nearby seismic stations, long period seismic waves, and satellite imagery led to the determination that the seismic event was instead a glacial collapse and debris flow, and that no earthquake had occurred," USGS said on Thursday.
Scientist will be looking at satellite images of exactly where the landslide occurred, whether any glacial lakes suddenly drained, and where the river might have become blocked, as well as data on recent rainfall. In an update on Thursday morning, Nepal's National Disaster Risk Reduction and Management Authority said 826 people are still missing, including more than 529 tourists, with 466 foreigners among them.
But the million-dollar account balances of those in their fifties and sixties skew this figure - in fact, 40 percent of Americans have no retirement savings at all, a Gallup survey found last year. Cook said his team had detected that the lower part of a glacier in Nepal near the Langtang Lirung peak - which is approximately 15km (9 miles) west of the site of the floods - had collapsed.
Simon Cook, senior lecturer in energy environment and security at the University of Dundee who specialises in glaciology, said "climate change could have an impact". Meanwhile, China's state broadcaster CCTV said on Thursday that the number of people missing in the mudslide disaster in Tibet's Gyirong county had risen to 558.
Mike Searle, professor of Earth sciences at Oxford University, said the glacier could have collapsed "hours or days" before the flooding hit Nepal and Tibet. Nepal's prime minister said "the entire nation has been left shocked and deeply distressed" and that officials would coordinate with China on the response.
What's confirmed
- Making 401(k) withdrawals is allowed by the IRS but dipping into retirement savings for emergencies is a bad sign Please refresh the page or navigate to another page on the site to be automatically logged in Please refre
- Military teams were brought in to help with rescue and evacuation following the flooding on Wednesday Nepal's foreign minister initially said an earthquake was reported on the Tibet-Nepal border shortly before the landsl
- The United States Geological Survey (USGS) had first reported the event as a magnitude 4.4 earthquake on Wednesday, but later confirmed the incident "was instead a glacial collapse and debris flow" that "caused subsequen
- "Additional analysis of nearby seismic stations, long period seismic waves, and satellite imagery led to the determination that the seismic event was instead a glacial collapse and debris flow, and that no earthquake had
- Scientist will be looking at satellite images of exactly where the landslide occurred, whether any glacial lakes suddenly drained, and where the river might have become blocked, as well as data on recent rainfall.
- But the million-dollar account balances of those in their fifties and sixties skew this figure - in fact, 40 percent of Americans have no retirement savings at all, a Gallup survey found last year.
What's still developing
- Making 401(k) withdrawals is allowed by the IRS but dipping into retirement savings for emergencies is a bad sign Please refresh the page or navigate to another page on the site to be automatically logged in Please…
- But the million-dollar account balances of those in their fifties and sixties skew this figure - in fact, 40 percent of Americans have no retirement savings at all, a Gallup survey found last year.
- “The costs associated with making an early withdrawal from a 401(k) account can be significant,” Farr said.
- Chinese state media has said there are significant casualties, while Nepalese officials anticipate "huge scale loss".
- Military teams were brought in to help with rescue and evacuation following the flooding on Wednesday Nepal's foreign minister initially said an earthquake was reported on the Tibet-Nepal border shortly before the…
- The United States Geological Survey (USGS) had first reported the event as a magnitude 4.4 earthquake on Wednesday, but later confirmed the incident "was instead a glacial collapse and debris flow" that "caused…
- "Additional analysis of nearby seismic stations, long period seismic waves, and satellite imagery led to the determination that the seismic event was instead a glacial collapse and debris flow, and that no earthquake…
- Simon Cook, senior lecturer in energy environment and security at the University of Dundee who specialises in glaciology, said "climate change could have an impact".