Catch Up IRA Contributions
Retirement, Savings & Investment
Investing for retirement is a very important goal for every worker, but unfortunately many people have a hard time saving as much money as they should. The pressures of buying...
Don’t Forget This Mess: Municipal Pension Funding Falls Again
Retirement, Savings & Investment
As if investors don’t already have enough to worry about, a new report has some grisly numbers. With the stock market hitting highs and state and city taxes going higher,...
CFPB Lacks Oversight
In 2010 the Dodd-Frank Wall Street Reform Act was signed into law. The summer of 2011 saw the opening of the Consumer Financial Protection Bureau. Since then they...
Are The Gold Bugs Wrong — Is Deflation Really The Threat?
Economic News, Savings & Investment
Of course, the gold bugs and the deflation folks could both be right, but that takes a somewhat difficult bank shot to be so. And while that may be a...
Tighter Rules for Reverse Mortgages Goes Into Effect
Beginning October 1, the Federal Housing Administration (FHA) has put into effect major changes to the agency’s reverse mortgage program also known as the Home Equity Conversion Mortgage (HECM) program....
Watch Out: the Government “Bail-In” is Spreading
Remember that Cyprus “bail-in” (otherwise known as stealing) from earlier this year? Those unlucky enough to have assets in those banks took a hefty haircut as the EU (European Union)...
Those with Low Credit Scores Again Able to Get Loans
One of the biggest movers of the economy is auto sales. Like home sales, the auto sales reports are watched closely by economists because as the sales pick up,...
Are You On Track to Max Out Your 401K Contributions?
Retirement, Savings & Investment
Your 401K is a retirement account that allows you to invest money with pre-tax dollars. In some cases, your employer may even match your contributions, essentially giving you free extra...
Forget QE And Taper, The Real Problem Is The Debt Itself
There is much talk of the quantitative easing (QE) program and it’s eventual unwinding, but it’s what happens after interest rates return to normal that has many people on edge....
As Pressure Builds, Fed’s Quantitative Easing More Likely To End Badly
Economic News, Savings & Investment
First it was QE (quantitative easing), then it was QE 2. followed quickly by QE 3 and now it is often called QE infinity, as the policy continues unabated. As...
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