Retirement

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INsider: At current rates, money fund investors will double their money — in 2,000 years
RETIREMENT PLANNING JAN 20, 2012
INsider: At current rates, money fund investors will double their money — in 2,000 years

The question: Are such puny yields worth it when money isn't FDIC-insured?

By Bloomberg
Schwab unveils 401(k) product boasting index funds
RETIREMENT PLANNING JAN 19, 2012
Schwab unveils 401(k) product boasting index funds

In a much-anticipated move, Charles Schwab late on Tuesday said it is launching a 401(k) product that features index funds. An ETF-version of the low-cost offering, dubbed Index Advantage, is due next year.

By Dan Jamieson
IRS audits of millionaires at all-time high of 12.5%
RIAS JAN 19, 2012
IRS audits of millionaires at all-time high of 12.5%

The U.S. Internal Revenue Service said it audited 12.48% of individual tax returns with income exceeding $1 million during 2011, an all-time high.

By Doug Cubberley
REGULATION AND LEGISLATION JAN 19, 2012
Ex-UBS client indicted for hiding accounts from IRS

A former UBS AG client was indicted by a federal grand jury on a charge that he defrauded the U.S. by hiding assets from the U.S. Internal Revenue Service.

By Doug Cubberley
Students' council: Go to college now, pay for it later
RETIREMENT PLANNING JAN 18, 2012
Students' council: Go to college now, pay for it later

University of California undergrads propose 20-year tuition plan; five percent solution?

By Bloomberg
California Dems eye college fees that are up 145% since 2004
RETIREMENT PLANNING JAN 18, 2012
California Dems eye college fees that are up 145% since 2004

Look to end tax loophole for businesses, use proceeds to provide more financial aid to students

By John Goff
Student loans the 'next debt bomb' for U.S., attorneys warn
RETIREMENT PLANNING JAN 18, 2012
Student loans the 'next debt bomb' for U.S., attorneys warn

Courts reluctant to discharge loans, often forcing graduates to pay off enormous sums; parents increasingly on the hook, too

By Bloomberg
Ivy League school rolls out largest tuition hike in six years
RETIREMENT PLANNING JAN 18, 2012
Ivy League school rolls out largest tuition hike in six years

CPI up 3 percent, but Princeton raises prices by nearly 5 percent

By John Goff
TAX JAN 18, 2012
'Class warfare' could stick wealthy with higher taxes

Class warfare is likely to be a major theme of the 2012 election, with bottom-line consequences for financial advisers' affluent clients.

By Andrew Osterland
Gingrich's gift to highest earners
RIAS JAN 18, 2012
Gingrich's gift to highest earners

Analysis of Newt Gingrich's tax plan would cut taxes for 70% of households and reduce rates for the highest earners compared with what they pay now.

By Doug Cubberley
LIFE INSURANCE AND ANNUITIES JAN 18, 2012
John Hancock latest to yank annuity offerings, pare distribution

Under pressure from a challenging economic environment, John Hancock Life Insurance Co. has pulled back on its annuity distribution and expects to withdraw an array of fixed, variable and immediate annuities

By Darla Mercado
The truth about $300B worth of 'Manila' paper
RETIREMENT PLANNING JAN 17, 2012
The truth about $300B worth of 'Manila' paper

Bearer bonds from alleged Philippines plane crash are little more than wallpaper

By Doug Cubberley
RIAS JAN 17, 2012
Springtime has arrived and so have the new VAs

It is that time again

By Darla Mercado
RETIREMENT PLANNING JAN 15, 2012
Advisers: Meet the 'client whisperer'

You've heard of the movie, The Horse Whisperer, and you are probably familiar with TV personality Cesar Millan, The Dog Whisperer. Well, think of me as The Client Whisperer.

By Mark Bruno
RETIREMENT PLANNING JAN 15, 2012
Schwab plans to launch bundled 401(k)

By Dan Jamieson
Consumer Bureau kerfuffle stays off presidential campaign agenda
RETIREMENT PLANNING JAN 13, 2012
Consumer Bureau kerfuffle stays off presidential campaign agenda

Obama's CPFB appointment won't propel Dodd-Frank into GOP debate

By Mark Schoeff Jr.
MetLife must defend lawsuit over retained asset checkbook
LIFE INSURANCE AND ANNUITIES JAN 13, 2012
MetLife must defend lawsuit over retained asset checkbook

MetLife Inc. must defend a lawsuit by the beneficiary of a policy who claimed the insurer paid $302,000 to the wrong person.

By Doug Cubberley
Former E-Trade CEO leads management buyout of Jefferson National
LIFE INSURANCE AND ANNUITIES JAN 12, 2012
Former E-Trade CEO leads management buyout of Jefferson National

Caplan oversees $83 million acquisition of flat-fee VA seller; targets RIAs

By Darla Mercado
Experts not queueing up for Suze Orman's new debit card
RIAS JAN 12, 2012
Experts not queueing up for Suze Orman's new debit card

Suze Orman's new prepaid debit card will come with fees of at least $36 a year

By Liz Skinner
RETIREMENT PLANNING JAN 12, 2012
10 worst states for retirement

By John Goff