Is a Credit Freeze for You?

To freeze or not to freeze? It’s a common question, particularly after reports of yet another breach of payment card data like those at Home Depot, Kmart and Dairy Queen. The answer: Probably yes — but not because of those kinds of breaches. Certainly a credit freeze (also known as a security freeze) is a great way to proactively prevent identity theft and is advised for past victims of this crime who are likely to be targeted again. But it’s not foolproof and, …

More Grandparents Living With Grandchildren Work, Live in Poverty

The first new U.S. Census Bureau report on grandparents living with grandchildren in more than a decade highlights growth and diversity, and confirms that, while the trend has slowed some as the economy recovers from recession, multigenerational living is not going away. Fully 10 percent of the estimated 65 million grandparents live with at least one grandchild, up from 7 percent in 1992. “Recent trends in increased life expectancy, single-parent families and female employment increase the potential for grandparents to …

IRS Boosts Limits for 401(k) Contributions

If you’ve been wanting to sock away more money in your workplace retirement savings plan, next year’s your chance. This morning the Internal Revenue Service announced that next year’s contribution limits will go up by $500, to $18,000 for 401(k)s, 403 (b) plans at nonprofits, most 457 plans offered by state and local governments, as well as the federal government’s Thrift Savings Plan. >> Boost Your 401(k) Retirement Savings Workers ages 50 and older are entitled to make extra contributions to …

That Store Receipt Could Be Bad for Your Health

The next time the cashier asks, “Would you like your receipt?” the healthiest response might be, “No thanks!” That’s because a small but troubling new study finds that touching a cash register receipt can increase your body’s absorption of a controversial chemical used in the receipt’s coating. The chemical is bisphenol A, or BPA, which has been at the center of debate for decades over its use in plastic water bottles, baby bottles and the linings of cans of food. …

Illinois House Candidates Lock Horns on Medicare, Social Security

The candidates in a battleground congressional district in Illinois disagreed about the impact for Social Security and Medicare of a Republican-passed plan crafted by House Budget Committee chairman Paul Ryan (R-Wis.) during an Oct. 21 radio debate sponsored by AARP. Democratic challenger Ann Callis said that Ryan’s budget blueprint would open the door to privatizing Social Security and move Medicare to a “defined contribution” system. She has criticized her opponent, Rep. Rodney Davis (R-Ill.), for supporting a plan that she says …

11 Things We Didn’t Know Last Week

News, discoveries and … fun 1. Two armored fish had the first sex 385 million years ago. (Learn more at Discovery) 2. Zombie-proof cabins come with a 10-year guarantee. (Learn more at C|Net) 3. Even people from Pittsburgh agree their accent may be the “worst” in the nation. (Learn more at Pittsburgh Post-Gazette) 4. Soda might age you as much as smoking. (Learn more at Time) How Far Could You Travel with $10,000? Enter our Winter Escapes Sweepstakes now! See official …