If you’re still working well into your 60s, odds are you’re doing so to bolster your finances. More than 6 out of 10 people polled by Provision Living said that they’re working into retirement purely for financial reasons. The company,...
This morning, CBS News and other news outlets reported that General Electric has announced that it will be freezing its pension plans for U.S. salaried workers and executives at year-end 2020, according to an October 7 GE press release. They...
Walk into an auto dealership these days and you might walk out with a seven-year car loan. That means monthly payments that last well past when the brake pads give out and potentially beyond when the car gets traded in...
After working for multiple decades, it's not uncommon for a taxpayer to have multiple traditional IRAs. Perhaps you have rollover IRAs from previous jobs or several IRAs at different financial institutions. But “in the eyes of the IRS you have...
6 second take: Can you tell the difference between Roth and traditional retirement plans? Do you know what kind of account is best for your needs? Get the lowdown. Not all tax advantages are created equal. There are tax-deductible, tax-deferred,...
The cost of family health coverage in the U.S. now tops $20,000, an annual survey of employers found, a record high that has pushed an increasing number of American workers into plans that cover less or cost more, or force...
Consumers must jump through some more hoops to get a cash payout from the huge Equifax data breach settlement. To get up to a $125 payment, many people must verify that they have enrolled in a credit monitoring service by...
Andrew Bosomworth, managing director and head of portfolio management in Germany at Pimco, discusses Europe nearing a liquidity trap and why European Central Bank policy is increasingly subordinated to fiscal policy. He speaks with Bloomberg's Guy Johnson on "Bloomberg Markets."...
Freelancing creatives and artists have a bad rap when it comes to money. Many of them shun it, avoid dealing with it, or aren't sure how to make more of it. As I'm working toward being a financial coach to...
A significant portion of U.S. adults are delaying starting to save for retirement until a decade or more into their working career — far later than what financial experts advise. Just 39% of adults who are saving for retirement started...
Although the U.S. economy continues to grow and add jobs, talk of a recession is increasingly in the air due to a number of worrying signs. Business investment and consumer confidence are taking a hit due to the growing economic...
Americans aren't exactly known as strong savers, which explains why so many live paycheck to paycheck. But in a survey by the CFP Board released earlier this year, 48% of U.S. adults aren't saving any money for retirement. And that's...
Choosing a financial advisor has always been a confusing, high-stakes decision, and critics say a recent regulation designed to help consumers may actually have made it harder to know whom to trust. On its face, the new measure, known as...
There is some $15 trillion in government debt that now yields less than zero, and former Federal Reserve Chairman Alan Greenspan believes there’s no reason why U.S. government bond yields couldn’t join much of the developed world in the subzero...
On August 5th the Trump administration deployed another weapon in its fight with China: name-calling. After some grousing on President Donald Trump’s twitter feed, the Treasury officially designated China a currency manipulator. The Chinese government stands accused of devaluing its...
