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  • The US is going through old records and can now seize tax refunds of the children of people it overpaid on Social Security.

  • Savers beware: Fees may be shrinking your 401(k) Friday, 11 Apr 2014 | 10:40 AM ET

    WASHINGTON— It's the silent enemy in our retirement accounts: High fees. And now a new study finds that the typical 401 fees— adding up to a modest-sounding 1 percent a year— would erase $70,000 from an average worker's account over a four-decade career compared with lower-cost options. The study comes from the Center for American Progress, a liberal think tank.

  • NEW YORK, April 3- For years, Joanne Condon tossed and turned at night with the same thoughts running through her head. What if her retirement savings just were not enough? "The biggest challenge is the fact that it is just you," says the 56- year-old from East Rutherford, New Jersey.

  • Borrowers took out $15.3 billion of the loans in 2013, an increase of 20 percent from the year before, according to industry publication Inside Mortgage Finance. But at this stage, most bigger lenders are uncomfortable with the loans- for example, in 2011, Wells Fargo& Co and Bank of America backed out of the business.

  • Stern Advice - Getting real about retirement Wednesday, 12 Mar 2014 | 3:01 PM ET

    NEW YORK, March 12- In the retirement planning space, there are two realities. The first consists of spreadsheets, calculators and frightening rules of thumb to guide workers and retirees in their saving and spending decisions.

  • What's driving US budget     Tuesday, 11 Mar 2014 | 7:29 PM ET

    Checks to Americans, for entitlements, welfare or other transfer payments, will make up 70 percent of all the money the government spends this year. Jared Bernstein, Center on Budget & Policy Priorities, and Jim Pethokoukis, American Enterprise Institute, provide perspective.

  • 3 ways to grow your 401(k), no matter your age Tuesday, 11 Mar 2014 | 7:00 AM ET

    All generations of pre-retirees are facing some level of savings shortfall, but there are steps anyone can take to help build their 401(k).

  • How the Gingrich-Edwards tax loophole works Wednesday, 5 Mar 2014 | 11:35 AM ET
    John Edwards and Newt Gingrich.

    President Obama has called for ending a tax loophole that costs Medicare and Social Security millions of dollars. Here's how it works.

  • Maximize your Social Security distribution     Tuesday, 4 Mar 2014 | 9:00 AM ET

    By delaying payments, you can increase your yearly distribution by 8 percent. Diahann Lassus shares her advice on ways to maximize your Social Security distribution.

  • US says computer outage to affect HealthCare.gov Monday, 10 Feb 2014 | 4:12 PM ET

    The White House said people hoping to enroll in health coverage for March 1 may have trouble applying near the deadline because of a planned shutdown.

  • WASHINGTON, Feb 10- The Obama administration on Monday said people hoping to enroll in health coverage for March 1 may have trouble applying by Saturday's deadline because of a planned 62- hour maintenance shutdown of a Social Security Administration computer system.

  • STERN ADVICE-That retirement time bomb Wednesday, 22 Jan 2014 | 2:28 PM ET

    In addition, they are likely to find a high percentage of their Social Security benefits taxable. Social Security benefits are taxed under a complicated formula. For single taxpayers whose earnings, including 50 percent of their Social Security benefits, are over $25,000, 50 percent of benefits get taxed.

  • IRS tax refund ID scams hit record high in 2013 Wednesday, 8 Jan 2014 | 8:23 AM ET

    The IRS says last year there was a 66 percent increase from 2012 in tax fraud from Social Security identity theft of nearly $50bln in refund claims.

  • Former NYC workers in disability scam: Report Tuesday, 7 Jan 2014 | 10:19 AM ET

    Former NYC police, firefighters and other city workers faked mental disabilities to defraud Social Security benefits, NBC 4 New York reports.

  • Debt ceiling could be hit in February: Lew Friday, 20 Dec 2013 | 9:15 AM ET
    U.S. Treasury Secretary Jack Lew

    The Obama administration says the government may not be able to pay its bills as soon as February if lawmakers do not raise the federal debt ceiling.

  • NEW YORK, Dec 20- When it comes to dreaming about retirement, travel is often at the top of the agenda. In the next year, the retired 73- year-old banker, who is based in New York, has trips planned to Tunisia, Morocco and southern India.

  • FACTBOX-Highlights of a modest U.S. budget accord Tuesday, 10 Dec 2013 | 10:11 PM ET

    WASHINGTON, Dec 10- The modest $85 billion U.S. budget deal reached in Congress on Tuesday gives both Democrats and Republicans something to brag about. But airline travelers, newly hired federal employees and some military retirees would lose out in the agreement to be presented to Congress for approval in the next two weeks.

  • Three organizations, the American Council of Life Insurers, the American Benefits Council and the Investment Company Institute, which represents the mutual fund industry, contributed to the research and published the study.

  • Three organizations, the American Council of Life Insurers, the American Benefits Council and the Investment Company Institute, which represents the mutual fund industry, contributed to the research and published the study.

  • Lew: Big budget deal unlikely unless... Tuesday, 19 Nov 2013 | 11:34 AM ET
    Treasury Secretary Jack Lew testifies during a Senate Finance Committee hearing on Capitol Hill.

    The Obama administration said budget negotiators in Congress would probably fail to strike a deal unless Republicans agree to raise revenues.

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