About one quarter of the companies that cut contributions to their employees' 401(k) retirement-savings plans recently have restored the match or plan to do so over the next year, a study by Fidelity Investments has found.
Covering today's hottest financial topics, "The Suze Orman Show" helps people make the connection between self worth and net worth. In a format that's fast-paced, down-to-earth and entertaining, Suze Orman candidly tells her audience the truth about money so viewers can change the course of their financial destiny -- to have more and be more. They will also gain Orman's insight on how to protect themselves financially, resulting in personal empowerment that's exemplified in their bank accounts.
Saturday, 31 Oct 2009 | Source: The New York Times
To deter lawsuits, many estate plans include a no-contest clause, which provides that anyone who formally challenges the plan gets nothing, according to the New York Times.
Covering today's hottest financial topics, "The Suze Orman Show" helps people make the connection between self worth and net worth. In a format that's fast-paced, down-to-earth and entertaining, Suze Orman candidly tells her audience the truth about money so viewers can change the course of their financial destiny -- to have more and be more. They will also gain Orman's insight on how to protect themselves financially, resulting in personal empowerment that's exemplified in their bank accounts.
For many people who do not have bank accounts, or cannot get a credit card, the pre-paid debit cards are irresistible. But their convenience comes with a catch. The New York Times reports.
Thursday, 1 Oct 2009 | Posted By:
Scott Cohn | Source: CNBC.com
Sponsors of defined benefit pension plans — the main retirement vehicle for millions of Americans — face "significant" pressure in the next year to keep the plans afloat, according to a study by one of the world's largest benefit consulting firms.
Thirty percent of Americans with salaries of $100,000 or more said they are living paycheck to paycheck, up from 21 percent last year, according to a survey.
Some of the money that fled stocks for safe harbors like money-market funds and government bonds is beginning to return. Even with trillions still sheltered on the sidelines, some $56 billion has poured into equity funds since April.
A Pew Research survey scheduled for Thursday release found that nearly four in 10 workers over age 62 say they have delayed their retirement because of the recession.
Saturday, 29 Aug 2009 | Source: The New York Times
Investors have come to expect that money market funds are as safe and stable as bank accounts. It's time to look at reality: money funds involve risk, says the New York Times.
Friday, 14 Aug 2009 | Posted By:
Mark Koba | Source: CNBC.com
Reverse mortgages are quickly turning into a main source of income for struggling seniors trying to stay financially afloat, industry analysts say. But the mortgages come with significant drawbacks, such as high fees, complicated paperwork and the possibility of owing more than the value of the home.
Years of state and federal neglect have hobbled the nation’s unemployment system just as a brutal recession has doubled the number of jobless Americans seeking aid, the New York Times reported.
No doubt last year’s financial crisis dealt a body blow to many investors, but many Boomers approaching retirement have yet to turn their reaction to last year’s events into action.... Read More
Whether your goal is retirement in 3 years, a new car in 5 years, or college education in eighteen years, in order to reach your goal a savings/investment plan has to have four distinct yet interrelated factors, each of which contributes to the success or failure of your plan... Read More