penalties

How to Withdraw Retirement Funds Penalty-Free Before 59

One of the biggest challenges for early retirees, aside from needing to save enough extra money that it can last though a longer retirement, is that there are early withdrawal penalties on most pre-tax retirement accounts. Luckily, there are many ways to dodge those penalties.

Why the Whole NFL Could End Up Paying for Saints' Bounties

The NFL scandal over bounties has put big money at risk -- not just for the New Orleans Saints, but for the whole league. With so much ad revenue at stake, it's no wonder the NFL is pushing so hard against any offensive behavior.

Get Your Taxes Done: Filing Early Has Real Advantages

Procrastinating on our taxes until the last minute is as American as apple pie. But before you resign yourself to running out to the post office at 11:59 p.m. on April 17, you should be aware of the benefits of getting your taxes done early.

Banks Find Clever Ways Around New Credit Card Rules

Consumers should have seen it coming a mile away. In May, the federal government signed into law the Credit Card Accountability, Responsibility, and Disclosure (CARD) Act of 2009, which included lots of new rules designed to protect consumers from predatory practices by banks and credit card companies, such as hidden fees and sky-high interest rates. The new rules, which go into full effect on February 22, threaten to take a big bite out of the $15 billion in penalties and fees that the industry collects each year. So what have banks and card issuers done? They've come up with new fees.