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Congress considers CRS proposal to increase social security benefits, retirement security

Congressman Alan Grayson came up with a legislation called “Seniors Deserve a Raise Act” that would give recipients of Social Security an increase for elders, and improve the retirement security.

Sep 03, 2015 12:04 AM EDT


The rise of Robo Advisors in wealth management

The rise of robo-advisors is a big issue among investment firms these days. Is it a boon or is it headed to its doom? Robo-advisers were developed on the premise that most of what the Registered Investment Advisors (RIA) do can be replicated by advanced software.

Sep 02, 2015 05:24 AM EDT


When it's fine to save in your child's name for their college education

Student assets are heavily counted in need-based college aid eligibility at 20-25%, while parents’ assets are only treated at 5.64 – 5%, which is why people opt not to save under their child’s name. But there are exemptions to this.

Sep 02, 2015 02:46 AM EDT


The Obamacare Surprise: Few people availed of early retirement

University of Michigan retirement analyst Helen Levy and colleagues Thomas Buchmeuller and Sayeh Nikpay found that there is no evidence of increase in retirement among people from ages 55 to 64 in 2014 than in 2013.

Sep 02, 2015 12:07 AM EDT


A lifestyle tax for couch potato retirees? Get up and read this standing up

A tax bull on retirees who live in a sedentary lifestyle and this may be just a joke from a finance professional, but baby boomers and other seniors should wake up and avoid that couch-potato lifestyle to not ruin their lives.

Sep 01, 2015 11:19 PM EDT


Three Steps to Take at the End of your Student Loan Grace Period

Students need to make full use of their grace period for proper debt planning to make sure they will be ready when the payment time comes.

Sep 03, 2015 02:00 AM EDT


Two Harvard graduates make it easier to choose the right health plan thru data analysis

Harvard graduates Grace Gee, 21, and Eugene Wang, 25, uses their HoneyInsured to solve the difficult process of choosing the right health insurance plan online.

Aug 31, 2015 09:50 AM EDT


You too can drop everything and travel the world for $40,000

Meet Mark and Britnee Johnston, the couple who saved money, quit their jobs and traveled around the world for one year.

Aug 31, 2015 02:41 AM EDT


When Is the Right Time to Transfer Balances to a New Credit Card?

More and more people are enjoying purchases using their credit cards and not all aware of the consequences especially if they skipped payment. Likewise when they turn to a new credit card issuer and transfer their balance.

Aug 28, 2015 08:04 AM EDT


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