Instead of offending various interest groups, let's try making taxes easier to calculate
Pressure builds to scale back annual inflation adjustments
Just days after rolling out a campaign thanking America for its bailout, AIG now says it may be forced to sue the U.S. government over -- you guessed it -- the bailout.
Older IRA owners can still direct distribution to charity
Marriage must last at least 10 years to claim Social Security benefits on ex-spouse
Many accelerating investment income ahead of expected rate hikes; 'The Fast and the Furious'
Small-business owners stand to benefit from deductions
Guggenheim to purchase Sun Life unit; CEO Mark Walter building a giant
Even a self-professed expert gets it wrong sometimes
For clients who are within five years of retirement, investment consultants would be wise to heed that well-known value investor Benjamin Graham, who said that the investor “will do better if he forgets about the stock market and pays attention to his dividend returns and to the operating results of his companies.” We believe that an investment strategy that cultivates a substantial and growing cash flow via dividend and interest income can be an attractive solution for retirees who are trying to balance present income needs with future purchasing power. The combined focus on a rising income stream plus acceptable risk-adjusted total return may help keep retirees on path during difficult markets.consultants are rethinking how to help baby-boomer clients build sustainable retirement plans.
The Senate passed a bipartisan budget deal two hours after income tax cuts expired, reaching an after-deadline agreement to undo the potential economic harm of $600 billion in tax increases and spending cuts.