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.
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.
"Commodities are going out of favour...while consumer defensives have done well in most markets because in the recent risky environment, investors preferred them."
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 is expanding its current "Save More for Your Retirement" customer education campaign.
Former professional dancer-turned-physician discusses importance of preventing injuries.
Mark Weinberger made worldwide headlines when he disappeared from his 80-foot yacht off the coast of Greece in 2004 and left behind his wife, a federal investigation, $6 million in debt.
Each year, AARP The Magazine scours the country to find the best places to live for Americans 50+. With many readers still navigating tough economic times, this year the magazine's editors looked for cities that offer not just affordable housing and a low cost of living, but reasonably-priced luxuries: Museums, cultural offerings, hiking and biking trails, and other amenities that enrich life as you age. All for $100 a day, or an annual income of $36,500.
Female baby boomers shattered glass ceilings and enrolled in colleges that shut out their mothers, an unprecedented freedom of choice that got many single female baby boomers to a dead end, wondering how they'll afford to live decades longer.
Actress Patty Duke and other cast members from her iconic '60s television show have reunited to urge seniors to apply for Social Security benefits online.
According to Mega Millions' Web site, megamillions.com, the March 25 drawing will see the multijurisdictional lottery drawing to award a $304 million jackpot.
Top Hispanic-owned financial advisory firms are stressing conservative investments and back-to-basics strategies.
During the 1990s, minority-oriented equity funds were able to capitalize on the nation's booming economy. According to a new survey from the Kauffman Foundation, those minority-oriented funds have continued to show better results than the most prominent stock indices, including the NASDAQ and the S&P 500, during the current economic stagnation. Minority-oriented funds are those that focus their investments on firms predominantly owned by Hispanics, African Americans, and Asians.
In the financial world, green can beget green--in all sorts of ways. In the past, "going green" meant protecting the planet, but today, it increasingly also means the potential profits reaped from environmental investments. "Green investing" focuses on a range of environmental and social concerns. Also called Socially Responsible Investing, or SRI, by analysts, its assets have blown through the roof in the past few years.
The April 15, 2008 filing deadline is now just a few sunsets away. Since we're hoping you've already filed -- especially since receipt of next month's economic stimulus rebate checks depends on that filing as well -- here's a first round of advice for those already looking ahead to their 2008 returns. Here are two tips to get you thinking about making the most out of