Recent Articles
| 6:00 AM 9/17/2012
If you converted your IRA to a Roth IRA last year, you have until Oct. 15 do what's called a recharacterization, which essentially lets you undo the conversion and get a do-over. And there may be some big tax benefits to doing that now.
| 4:56 PM 9/12/2012
Bradley Birkenfeld just got some good news and some bad news. The good news was that he got a $104 million payment from the IRS for his role in catching tax evaders. The bad news: His reward isn't tax exempt.
| 6:00 AM 9/8/2012
If you're one of the fortunate workers with a pension, and you're employer offers a big lump-sum payment in exchange for it, it may feel like hitting the lottery. But how you handle that offer may be the biggest money test you'll ever face.
| 1:00 AM 9/7/2012
Here's a disturbing fact about Social Security you may not have heard about: For an increasing number of new retirees, the amount that Social Security will pay out in benefits will end up being less than the payroll taxes they paid in.
| 9:40 AM 8/28/2012
Millions of Americans have unleashed their inner entrepreneur by seeking to start their own businesses. But in doing so, many don't realize some of the hidden dangers that can newly self-employed people right where it hurts most: in the wallet.
| 8:00 AM 8/25/2012
Older Americans are under more financial pressure than ever. Unfortunately, scam artists are taking advantage of the sometimes desperate needs of seniors to boost their income, and victims have lost huge portions of their life savings as a result.
| 9:00 AM 8/24/2012
New rules require 401(k) plans to give you a lot more information, including badly needed disclosures about how much you're really paying to save for retirement. Here's what to look for in next month's statement.
| 1:30 PM 8/22/2012
While high-net worth individuals can invest in ultra-expensive rarities like masterpieces of art and vintage automobiles, ordinary investors are left with a slate of unattractive options. One company wants to change that.
| 12:45 PM 8/20/2012
While millions of taxpayers fear the fiscal cliff, some big tax increases have already taken effect this year. And without Congress moving quickly to take action, those hikes could add thousands to your tax bill come next April.
| 6:00 AM 8/20/2012
If you're in financial trouble, borrowing from your 401(k) may look smart -- at first. There's no application process, and the low interest you pay goes back into your account -- you're paying it to yourself. Unfortunately, those benefits come with a catch.