On October 26, 2011, President Obama announced a plan that seeks to help college graduates pay back their federal student loans. The plan is an executive order and does not require approval by Congress. It is scheduled to take effect beginning in 2012. Read more in this Financial Tip.
According to the latest Census Bureau wealth study, in the critical 55-to-64 age bracket, when household wealth typically builds to its peak before being drawn down in retirement, the median net worth for married couples is about four times higher than that of singles.
An early retirement offer may sound like a blessing, but before you accept, the “Money Talks” hosts discuss how it may affect your future financially.
The Social Security Administration has announced that for the first time since 2009, a cost-of-living adjustment (COLA) will be paid to Social Security beneficiaries and Supplemental Security Income (SSI) recipients. Monthly benefits will increase 3.6% starting in January 2012 for Social Security beneficiaries and starting on December 30, 2011, for SSI recipients. Read more in this Financial Tip.
While you may judge your portfolio on its return, don’t neglect to consider the risk incurred in obtaining those returns. Read this week’s Financial Tip for more.
College costs are rising! See what it costs for in-state & out-of state students at public colleges, and private colleges.
Retiring within the next 10 years? Here are some critical financial steps to take before you plan your retirement party.
Financial planning doesn’t stop once you’re retired. Read this week’s Financial tIP to help your savings last throughout your retirement.
Ben Crowe, CFP®, CFA, C.P.A. joins “Money Talks” to discuss Section 457(b) plans, and the unique savings opportunity these plans afford government employees and tax-exempt organizations.
2010 Tax Act created new provisions for estate tax laws. Read how these may temporarily affect your estate plan in this week’s Tax Tip.