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Finance Retirement

Falcone Faces 2-year Ban From SEC, $18 Million Fine

Philip Falcone, the billionaire hedge fund manager, has reached an agreement in principle with the Securities and Exchange Commission to settle civil fraud charges that he used fund money to pay his taxes and favored some clients over others.

Taxes Done for Free at El Paso Senior Centers

The AARP Foundation will offer free tax preparation for individuals of any age with low to moderate income.

Social Security's Paperless Switch Rubs Seniors the Wrong Way

Many Social Security recipients "are unbanked, while others are simply uncomfortable in the digital world," John Runyan, president of the group, said in an email to The Bee.

Health Economist Talks About Fixing Medicare

Health economist Tim McBride thinks Social Security can be fixed with minor tweaks -- perhaps less generous inflation increases, or lifting the $113,700 limit on wages subject to the payroll tax.

March 1: Date Social Security Payments Go Digital

Some 5 million Americans who still get a Social Security, disability or other federal benefit check in their mailbox must switch to electronic payments.

Study: 25 Percent of Americans Will Tap Retirement Savings Early

Research finds that one out of four participants in 401(k) retirement programs will either cash-out their savings before retirement - incurring substantial penalties and taxes - or forfeit them to loans.

Higher Payroll Taxes An Unwelcome Surprise for Many Workers

While the "fiscal cliff" compromise spared most Americans an increase in their income taxes, Congress allowed a temporary cut in payroll taxes for Social Security and Medicare to expire.

AARP CEO Warns Retirement Security in Doubt for Middle Class

CEO A. Barry Rand calls on policymakers to strengthen Medicare, Social Security.

Expect Delays on Tax Refunds

For some taxpayers, necessary tax forms won't even be available until February or even March, pushing refunds months further out.

Social Security Tax Impacts Paychecks Across America

As part of the 'fiscal cliff' negotiations, lawmakers opted not to extend the Social Security payroll tax holiday.... So, a family that earns $50,000 annually will lose about $1,000 a year to increased taxes.

US Tax Deal a Sigh of Relief for Some, as Take-home Pay Declines for Most

Even though Congress's last-minute deal means higher taxes for almost all Americans, businesses and consumers are relieved that some of the uncertainty about what they will owe the government this year is gone.

Growth in Developed Markets Impacts Emerging Economies

"Commodities are going out of favour...while consumer defensives have done well in most markets because in the recent risky environment, investors preferred them."

Census Reports More Multigeneration Homes

Multigenerational households are more likely to be in areas where immigrants live with relatives and in places where housing costs are so high that families are doubling up, according to the state-by-state Census brief out today.

Mutual of America Highlights 'Save for Retirement Week'

Mutual of America is expanding its current "Save More for Your Retirement" customer education campaign.

America's Got Dr. Rebeccah R. Rodriguez

Former professional dancer-turned-physician discusses importance of preventing injuries.