Benjamin Franklin famously said that nothing is certain but death and taxes. To that, he could have added Social Security scams. Fraudsters have long been calling Social Security benefit recipients and telling them their Social Security number is being...
It doesn’t take much time on the internet to see that financial tips are a dime a dozen. Everyone’s got advice on how you can make more and spend less. Some of these tips can be useful, but there...
U.S. consumer spending rebounded less than expected in January and incomes rose modestly in February, suggesting the economy was fast losing momentum after growth slowed in the fourth quarter. The Commerce Department said on Friday consumer spending, which accounts...
Today’s retirees Opens a New Window. are living longer, enjoying a more active lifestyle, making friends in different social circles, learning new things, pursuing passions, tapping more options to stay “engaged,” and more, says Christine Russell, senior manager of retirement and annuities...
If you lose your job, face a loss in income, or wind up with a huge bill you didn’t expect, having an emergency fund can help you. In the leanest financial times, having some money set aside could even help you avoid...
A new study has a whole different take on what debt relief means. Getting rid of debt doesn’t just unburden finances, it takes a weight off the mind that clears up cognitive functioning, lessens anxiety and improves impulse control.
Canada’s national pension fund invests for the long-term, its CEO told CNBC on Sunday, and he named trends that are helping to guide its decision-making. “We’re trying to go deep on certain areas where we see long-term trends and...
A new report on retirement security from the Government Accountability Office contains what seems like a stunning finding: 48% of older households have “no retirement savings.” By “no retirement savings,” however, the GAO means only that they have no defined contribution plan,...
If you were a government agency that produced a study whose headline result was repeatedly misinterpreted, what would you do when you updated that study? Maybe hold back on the headlines that were misinterpreted? Not if you were the federal Government Accountability...
Gov. Phil Murphy on Thursday will sign a bill into law creating an entirely new retirement savings plan for private-sector workers in New Jersey who aren’t able to save through an employer-sponsored 401(k). The Secure Choice Retirement Plan aims...
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