AARP Eye Center
In his penultimate State of the Union address, President Barack Obama on Tuesday night announced wide-ranging proposals he said would improve the economic prospects of the middle class, including helping families pay for college and child care, while giving more workers access to retirement plans.
Illinois will become the first state with a broad-based effort to automatically enroll private-sector employees without retirement plans into a new savings program.
A new starter savings account proposed nearly a year ago by President Barack Obama is now open for deposits.
Tax-friendly 529 savings plans no longer will be just for college.
So Congress wasn’t totally Scrooge-like this holiday season, as members tossed a few tax breaks to the rest of us.
Congress recently carved a hole in a 40-year-old pension law that has prevented employers from cutting benefits earned by those already retired. This change applies to people covered under multiemployer plans that are in critical financial shape.
Social Security is gender neutral, meaning men and women earning the same amount in their careers should receive the same size benefit.
Big banks are beginning to cut some slack to distressed student-loan borrowers.
Investors are generally advised to check the background of brokers or other financial professionals before doing business with them. Yet, how many of us really do that, even though it could protect our life savings?
Most graduates in the Class of 2013 left campus with more than a diploma. Nearly 7 out of 10 also had student loan debt. The average amount: $28,400, up 2 percent from the debt of those who graduated a year earlier.