By now, you might have heard about President Obama's proposals to apply a fiduciary standard to brokers when giving investment advice. Right now, brokers are only required to meet a fairly low "suitability" standard in the investments they recommend to clients. Under the proposed rule, they would have to act in their clients' best interest whe...Read More
The laws that regulate industry structure – how much control rests in the hands of rivals -- and corporate conduct – the way rivals battle for share -- can be boiled down to one idea: competition is good for consumers and small companies...Read More
The maximum amount an individual can save in a 401(k) for 2014 is $17,500 a year, or $23,000 if you're 50 or older. If that's attainable, go for it. If it sounds like a long shot, consider these smaller moves that can help get you to a bigger 401(k) balance...Read More
What we believe about money will impact how we use it. Unfortunately, a central belief most of us hold about money is fundamentally flawed. We believe that money is either good or bad when, in reality, it is neither...Read More
Today?s question asks if a divorced spouse's benefit really does equal only half of the ex's benefit. The answer explains how it could actually be an excess spousal benefit and describes how the benefit would be determined...Read More
The federal government has been spending like drunken sailors. With no system to control spending, the lid is off Pandora's box and the debt is growing out of control. However, the real problem is yet to come. Learn more about it in this article...Read More
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