The year-end push to contribute to a 529 state college savings plan is in full force. These plans make a lot of sense. But they also have drawbacks. Here’s how to make the most of them.
Boomers have never been great at putting money in the bank. Maybe they should listen to their kids.
Baby boomers are still looking out for their parents, even as they have fallen into the crosshairs of financial con artists themselves. It’s a bona fide boomer nightmare: they are becoming their mom or dad—at least as it …
Consumer debt figures show it: we’re getting tired of being so darned frugal. Here are five guidelines to keep you from borrowing too much.
Investors collectively spend more than $200 million a year in excess fees on S&P 500 index funds alone, a study finds. They get nothing for that money, which could be compounding in their accounts instead.
It’s that time of year again. Gifts to buy. Tips to hand out. Charities to support. While you’ve got your hand on your wallet, consider these 10 year-end money-saving moves designed to create a little something extra just for you.
What a difference a year makes. The economy is struggling longer than many had expected, and now Americans are retooling their New Year’s resolutions to fit the times.
The lost decade has a silver lining: investors who accumulate shares during long market dry spells end up with twice as much money, new research shows.
Universities raise tuition faster than the vast majority can afford. That leads to more government grants and government and private loans, which flow to universities. They then construct lovely new buildings, largely on the …
A new survey drives home some critical points about the recession’s impact on retirement planning. We fear the stock market even in the long run and probably should be taught more about money in school.
A new study suggests that investing your retirement money half in bonds and half in stocks will produce 5% annual returns like clockwork, despite bumps in the economy. But is this a smart strategy for everyone? No.
As the traditional pension disappears, the 401(k) plan is evolving into something that one day might actually be just as good. That’s saying a lot. The certainty of monthly income for life, which traditional pensions promise, is a high bar. Meanwhile, 401(k) plans have taken their licks.