| Oct 15, 2013
| 1:56 PM
A group of Democratic and Republican mayors are hoping to qualify a measure for the November 2014 ballot that could dramatically reduce retirement benefits for current and future public employees.
The measure, filed with the state attorney general&...
| Oct 13, 2013
| 5:00 AM
Dear Liz: Recently my mother passed away. My brother and I were fortunate enough to inherit a substantial amount of money from her life insurance. My brother and I do not want to spend this money and have placed the funds in brokerage accounts. My...
| Oct 6, 2013
| 5:00 AM
Dear Liz: I am almost finished with my associate degree at my local community college and will be starting my undergraduate degree in January. I have been lucky enough to accrue no college debt so far but know I will when I start my bachelor's degree. I...
| Sep 29, 2013
News came last month that the Obama administration, following the lead of British Prime Minister David Cameron and his government's so-called Nudge Unit, is recruiting behavioral scientists to help shape regulatory policy. Nudges are ways of offering...
| Sep 26, 2013
| 11:47 AM
The more money you make before retirement, the more you may have to cut back when you do retire, a new study has found.
Because of Social Security benefits, some low-wage earners receive more income when they retire than they did when they were working....
| Sep 20, 2013
| 8:16 PM
Dear Liz: I have $40,000 in credit card debt due to home healthcare I had to provide for my mom, who lived with me for six years before she passed away in 2011. I filed a Veterans Affairs claim on her behalf but just got a VA check for $344 with no...
| Sep 13, 2013
| 11:37 PM
Dear Liz: I'm 64 and lost my last full-time job a year ago. I have since exhausted my unemployment benefits and been on and off food stamps. (I'm waiting to get back on them right now because my temporary-to-permanent job didn't become permanent after...
| Oct 4, 2013
| 3:07 PM
It happens every time: Republicans and Democrats get into a standoff over the federal budget, and their best plan for wriggling out of it is to nickel-and-dime people on Social Security and Medicare.
The worst zombie in this package, a terrible idea...
| Sep 9, 2013
| 12:10 PM
Employees at small companies pay much higher fees in their 401(k) retirement plans than people at large firms, according to a new study.
Over a 35-year career, the average worker at a small company will pay $113,206 more in fees than a counterpart at...
| Sep 4, 2013
| 10:35 AM
The 401(k) system has led to deep financial woes for a generation of American workers, leaving most people with inadequate retirement savings and dreary prospects for their latter years, according to a new research report.
The widespread adoption of...
| Aug 23, 2013
| 3:51 PM
Dear Liz: Two years ago, my husband was denied a revolving $12,000 line of credit. The credit reporting agency indicated that denial was based on "little revolving usage, insufficient or no bank lines, and insufficient open accounts with zero balances."...