The dreaded tax man is about to make life difficult for people who don't take the required minimum distributions (RMD) from their retirement accounts, which typically starts at age 70, and for IRA investors who may be socking away more in tax-free savings than they're allowed.
For those of you with children or grandchildren about to start college, there may be some good news to report. Congress seems ready to agree to a deal that would prevent interest rates on federal subsidized student loans from doubling to 6.8 percent. Democrats and Republicans both say they want the…
Bernard Madoff's victims, some of them older investors who lost their life savings, can look forward to a payout sooner rather than later. But the amount won't be what some were hoping for.
You may be a good driver but if you live in a moderate- or low-income neighborhood, you're probably paying higher auto insurance rates than people who live in upscale parts of town, as much as $1,500 just for minimal liability coverage.
Health and Human Services Secretary Kathleen Sebelius announced Thursday that a coordinated federal effort has been put in place to address the devastating and increasing problem of elder financial abuse.
Whipping out that credit card to pay for purchases may be just a little too effortless. And if we keep up our spending habits, the country's on track to wrack up $50 billion in new credit card debt by the end of this year.