Social Security Payback Pays Off

Posted on April 21, 2018 by Valerie Lopes
Social Security Payback Pays Off

While there can be advantages to delaying taking Social Security, in a tough economy, some might not have a choice. After all, for those who find themselves out of work after age 62, Social Security provides a significant safety net. But should your fortunes reverse and finances recover, it may be worth pursuing a little-known…

Club Class

Posted on April 15, 2018 by Barbara Nefer
Club Class

Who could have predicted a last-minute boom on big-ticket travel this holiday season? Sure, the landscape looks different compared with this time last year, when, according to Melissa Biggs Bradley, founder of the members-only travel Web site and consultancy service Indagare, “even if a big CEO could afford to go on vacation, he didn’t feel…

Groups Oppose Easing Insurer-Reserve Rules

Posted on March 15, 2018 by Sheila Baldeo
Groups Oppose Easing Insurer-Reserve Rules

As state insurance regulators fast-track industry proposals to cut the amount of money that life insurers must set aside for benefits, consumer groups and industry watchdogs are crying foul. The groups, which include the Consumer Federation of America and the Center for Economic Justice, contend the proposals to lower insurers’ risk-based capital and reserve requirements…

Banks Roll Out New Check, Card Fees

Posted on March 11, 2018 by Valerie Lopes
Banks Roll Out New Check, Card Fees

New Charges Seek to Get Ahead of New Federal Rules Limiting Increases in Interest Rates The nation’s banks will be bombarding customers with new fees and products in 2010 as they try to replace more than $50 billion in revenue wiped out by new rules that clamp down on certain business practices. So far, the…

College Aid: There’s More Out There If You Ask

Posted on March 8, 2018 by Barbara Nefer
College Aid: There’s More Out There If You Ask

The kids are home from school, hanging out with friends, borrowing your car again, and you’re spending quality time with their dirty laundry. Is college worth the cost? After a year marked by layoffs, battered college funds and shrinking private-loan availability, more families are struggling to cover the cost of a higher education. But there…