Goldman Pushes Hedge Funds for Your 401(k) by CNNMoney May 24th 2013 5:00AM Wall Street is rolling out low-minimum mutual funds that invest in hedge funds. What it means for you: the chance to lose money like a high roller.
Selling a Pension for a Lump Sum: A Bad Deal on Both Sides by Dan Caplinger May 24th 2013 5:00AM If you get a monthly pension check, but need a lot of cash now, you might be considering a pension income stream deal. Here's why you should find another way to get the money.
New Home Sales Up 2.3% in April as Median Price Hits Record High by The Associated Press May 23rd 2013 1:49PM Sales of new homes rose in April to the second highest level since the summer of 2008 while the median price for a new home hit a record high.
'Grandparent Scams' Conning Thousands of Seniors Out of Cash by CNNMoney May 23rd 2013 1:42PM Law enforcement officials are warning seniors to beware of increasingly common "grandparent scams," in which fraudsters impersonate a grandchild in distress, and beg for cash.
U.S. Jobless Claims Drop More Than Expected, Indicating Economic Resilience by Reuters May 23rd 2013 8:58AM The number of Americans filing new claims for unemployment benefits fell more than expected last week, pointing to resilience in the labor market.
House Bill Would Peg Student Loan Rates to Financial Markets by The Associated Press May 23rd 2013 6:42AM House lawmakers are ready to pass legislation that links student loan rates to the financial markets in spite of a veto threat from President Barack Obama.
Wanted: More Women to Become Financial Planners by Nicole Seghetti May 23rd 2013 5:00AM Countless studies show that women are better investors than men -- so why are there so few of them in the financial planning business?
Oklahoma's Tornado Tragedy Could Send Your Insurance Costs Higher by Dan Caplinger May 23rd 2013 5:00AM The tornado that hit Moore, Okla., is a stark reminder of the need for homeowner's insurance. But such catastrophic events also make it likely that your premiums will go up.
Move Over, Apple: 16 More U.S. Firms Stash Billions Overseas by DailyFinance Staff May 22nd 2013 2:50PM Apple is under fire for keeping billions in profits overseas, where it doesn't have to pay U.S. taxes, but Apple is hardly the only big company dodging the IRS this way.
Welcome to the Club, Tea Party: Previous Political IRS Scandals by Eamon Murphy May 22nd 2013 12:20PM Scandalous, potentially politically motivated behavior at the IRS? Not only isn't that new, it was often far worse. Let's review some lowlights of the IRS's last century.
4 Common Pieces of Money Advice You Can't Afford to Follow by Selena Maranjian May 22nd 2013 12:05PM Few of us are financial experts, so when it comes to money matters, we usually welcome advice. The trouble, though, is that not all the financial advice we get is sound.
Bernanke Signals Fed Will Keep Stimulus in Place by The Associated Press May 22nd 2013 10:55AM Fed Chairman Ben Bernanke tells Congress that the U.S. job market remains weak and that it is too soon for the central bank to end its extraordinary stimulus program.
A $12,000 Smartphone May Already Be in Your Pocket by Bruce Watson May 21st 2013 3:33PM How much is your cell phone worth in your life? According to a recent study, the answer could be up to $12,000 a year!
Tornado Season: Do You Have Good Home Insurance? by AOL Real Estate Editors May 21st 2013 2:30PM The massive tornado that struck Oklahoma Monday is another reminder of how devastating storms can be -- and how important it is to have a good home insurance policy.
Apple's Low Tax Rate Not Our Fault, Ireland Says by Reuters May 21st 2013 1:45PM Ireland says it's not to blame for Apple's low global tax payments and that other countries are responsible for the tax rate paid by the company.
Americans Better About Paying Credit-Card Debt in 1Q by The Associated Press May 21st 2013 6:38AM Americans got better about paying their credit card debt on time in the first quarter, a period when many borrowers use income tax returns to tackle their holiday season debt.
In Trusts We Trust: Controlling When Your Kids Get Your Money by Dan Caplinger May 21st 2013 5:00AM You don't have to be a billionaire to worry about the risks of leaving your kids a large inheritance; having too much money too young can create its own problems.
5 Signs That Your Investment Adviser Is Scamming You by Chuck Saletta May 21st 2013 5:00AM The financial management industry is rife with opportunities for fraud and theft. If you suspect that your adviser may be scamming you, here are five signs to look for.
Don't Worry About Today's Retirees - but Gen X Is In Trouble by CNNMoney May 20th 2013 2:37PM It turns out that Americans in their sixties today have it better than any generation before them, but the generations behind them face a much less prosperous retirement.
The Year's Most Outrageous Tax Cheats by CNNMoney May 20th 2013 2:33PM From a restauranteur who hid cash receipts in octopus boxes to a self-proclaimed governor who buried his gold, here are some of the oddest tax frauds the IRS caught last year.
Tempest in a Tea Party: The IRS Scandal at a Glance by The Associated Press May 19th 2013 9:57AM The IRS, unloved in the best of times, is headed for a bumpy ride in the face of a Justice Department criminal investigation and multiple congressional inquiries.
Want to Refinance Your Student Loans? The CFPB Wants to Help by Dan Caplinger May 18th 2013 5:00AM The Consumer Financial Protection Bureau wants to help people struggling with heavy student loan debt get the same kind of ability to refinance that mortgage-holders have.
Lipsticks That Won't Hurt Your Pocketbook or Your Health by Bruce Watson May 18th 2013 5:00AM Some lipsticks contain high levels of toxins you'd never want near your mouth, including lead. To dodge that bullet, consider these cosmetics that are low on hazard and price.
How I Squandered My Inheritance at Age 18 by LearnVest May 17th 2013 4:35PM Lyn Roman inherited a small trust fund, and spent it all in a year. But the lessons she learned from her mistakes, and how she bounced back from them, have been priceless.
How Fast Should You Cut Your Debt? by Credit.com May 17th 2013 12:30PM Determining how fast you can and should pay off your debts starts with a few simple steps -- and first among them is understanding how you got into debt to start with.
Obama Picks OMB Chief to Run Embattled IRS by The Associated Press May 17th 2013 6:46AM President Obama picked a senior White House budget expert Thursday to become the acting head of the IRS, the same day another top official announced plans to leave the agency.
5 Things You Must Know About Mortgages by Dan Caplinger May 17th 2013 5:00AM Even after the housing crisis, many potential buyers still don't know even the most basic things about mortgages. Here are five essential facts about financing a home.
401(k) Auto-Enrollment Is No Cure-All for Our Retirement Woes by Kiplinger May 17th 2013 5:00AM Employees who rely on the default 401(k) contributions set by employers may end up with nest eggs too small to support them in retirement.
5 New Rules on Federal Student Loans by Kiplinger May 16th 2013 12:40PM Interest on popular loans will cost more, and grad students will need better credit, but repayment plans will be more generous.
5 Ways to Keep College Dreams from Becoming Money Nightmares by Bruce Watson May 16th 2013 11:43AM If your dream idea of college is equal parts prestige degree and "Van Wilder," wake up to fiscal reality: Here are a few dreams you could sacrifice to keep the costs in check.
U.S. Housing Starts Plummet in April, But Permits Surge by The Associated Press May 16th 2013 8:47AM Ground-breaking for new U.S. homes plummeted more than expected in April from an almost five-year high.
IRS Official Resigns, But Investigations Won't End by The Associated Press May 16th 2013 6:04AM The acting commissioner for the IRS, Steven Miller, has resigned, but don't look for the outcry over the agency's improper targeting of tea party groups to subside.