What Congress is doing to boost your retirement savings
All of sudden, there’s a flurry of activity in the Capitol to help Americans save for retirement and for emergencies. Seven bills in the Senate and the House — some of them bipartisan — have recently been introduced. And the House Republican leadership is crafting what it calls “Tax Reform 2.0,” which would include retirement […]
Most people don’t know about these credit card perks that can save you hundreds of dollars
When you get a new credit card, you probably know something about the rewards and the sign-up bonus. If you tend to carry a balance, hopefully you know the APR as well. But there’s a good chance you’re unaware of perks that can save you hundreds of dollars. Less than half of the respondents in […]
Simply Money: Be wary of generic retirement rules
Jerome and Candace in Mason: We’re both in our early fifties and hoping to retire in about ten years. Is there a recommended amount of stocks versus bonds we should own right now? Answer: Some online retirement calculators and investing “rules” would say this is an easy question to answer. For example, the “Rule of […]
This is the No. 1 reason Americans save money — and it’s not for college, retirement or to buy a home
When it comes to saving money, seeing the world is the No. 1 priority for Americans, according to a new survey. SunTrust Banks recently revealed that 45 percent of Americans save their money for travel, surpassing saving money for emergency savings, retirement, buying a house and buying a car/truck/motorcycle. The quarterly National Financial Confidence Index […]