Financial planners have been advising us to wait as long as possible to collect Social Security to maximize the benefit. A new study finds that many middle-income workers haven't heeded that call. They were more likely than higher earners to claim their benefit early and live on a permanently…
Here's some good news for people hounded by relentless debt collectors and hauled into court. Two of the nation's biggest debt collection companies have agreed t o stop lawsuits against borrowers and drop collections on some $16 million in judgments.
Whether you're nearing the end of your working life or still several decades away, Americans all share the same financial fear: Will I have enough money to retire?
For those of you who liked getting your estimated Social Security benefits statements by mail, you're in luck. The Social Security Administration says it's planning to send out paper statements once again, beginning in September.
Some 52 million Americans rely on their 401(k) savings plans as a key part of their retirement. Now, the Washington-based Center for American Progress says in a new study that high investment fees could cost the typical worker $100,000 or more over the course of a four-decade career. That may force…
Parents who've taken out federal student loans to help pay for their children's college education are increasingly finding themselves in serious financial trouble. Default rates on Parent PLUS loans have tripled in the last few years, according to federal data released this month.
Target-date funds are growing in popularity among investors in workplace retirement plans because they're so easy to manage. You pick a retirement date, and the mix of investments automatically adjusts to a more conservative allocation as you move closer to that date. No muss, no fuss.
Carrie Schwab-Pomerantz (yep, Chuck's daughter) doesn't want you to lie awake at night, worrying about whether you'll be able to afford to retire. Instead, she wants you to consult her new compendium for advice, not unlike the way patients thumb through a medical reference guide to learn about a…
No, it's not opposite day. The IRS really does owe almost 1 million taxpayers like you nearly $760 million in refunds - or a median $571 for about half of those owed money.