Costs up more than 20% in three states that have posted rates Doubts about mandate raise premiums, health insurers say Health insurers are asking for sharp increases in the cost of their Obamacare plans next year, thanks to instability in...
One of the key pieces to retirement planning is understanding when and how much you can withdraw from your account. Your individual retirement account comes with rules about when you can withdraw money and how much you must withdraw each year. Understanding...
Your 30s can be an exciting but challenging decade. While you may be advancing your career and earning more money, you’re also likely juggling more financial responsibilities. Many in this age group are married, given the median age at first...
I often hear clients talk about having a trusted advisor. I am not sure what they mean. Bernie Madoff was a trusted advisor for some very wealthy names. He has now become the icon of wealth advisor that should not have been...
The First Seventy Days During the first seventy days of the Trump administration, the President took aim at several initiatives with little success. The executive order on immigration and healthcare legislation were both unsuccessful, and Wall Street is taking notice....
The best offense sometimes really is a good defense. That sports maxim can be applied to personal finances, too. Devastating losses — whether from poor investments, excessive fees, fraud or something else — can delay reaching your financial goals by years. Yet...
Here's an overview of how much money Americans make, owe, and save. How much money does the average American earn? How much do they owe? And how much do they pay in taxes? Here are 10 statistics that answer these...
U.S. auto sales trailed estimates, with Kia Motors Corp. and Ford Motor Co. reporting some of the biggest declines, as heavy incentive spending failed to contain plunging demand for sedan and compact models. Carmakers’ shares fell. Combined deliveries for Kia...
Buying a new home can be very overwhelming, especially if it's your first one. These six tips – like getting extra inspections and researching your neighborhood beforehand – can help simplify the process. What are your best tips for new...
Bumps in the Trump rally? Market making you nervous? Gain more control over your finances. Maybe you've been riding that bull for eight years and feel like it might be getting tired. Maybe you're getting a little jumpy yourself, with...
The housing market has held up remarkably well, but rising mortgage rates and a limited inventory of existing homes are likely to test its resiliency over the coming months. Reports this week on new and existing home sales will provide...
A new survey finds our expectations at odds with the financial reality of today’s retirees. Setting a retirement savings goal can feel like a crap shoot. How can you calculate your expenses, especially for health care, five, 10, 50 years...
Lower wages and higher medical costs are putting retiring women at greater risk for financial ruin than men, according to a recent survey. Seventy percent of nursing home residents are women, and the average cost of a private nursing home room is...
Many workers have access to a 401(k) retirement savings plan, but that doesn't mean they understand much about it. Financial advisors routinely see new clients who either have little grasp on the inner workings of their 401(k) plan or have...
House Republicans unveiled on Monday their long-awaited plan to repeal and replace the Affordable Care Act, scrapping the mandate for most Americans to have health insurance in favor of a new system of tax credits to induce people to buy insurance on...
