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Obama to Make IRS Tea Party Targeting Legit
Democracy is such a quaint notion. Why let it get in the way of doing so much good in the world? I mean, what if it turns out people don’t want their money redistributed? That they want it for themselves…
Retirement security lags asset gains
You’d think that gains in the stock market and the rebound in housing values would be improving the retirement security of many Americans. But that’s not the case, according to a recent analysis. Despite the gains, there was only a modest…
Retirement roadblocks for baby boomers
From now until 2030, about 10,000 Baby Boomers will turn 65 every day, according to the Pew Research Center. This large generation, born between 1946 and 1964, has had a huge impact on American culture and society, and that remains…
Arizona delegation split on House vote on U.S. budget deal
Arizona’s nine members of the U.S. House split Thursday on passage of a 2014 budget deal, with five opposing the compromise and four voting in favor of the agreement. The bipartisan budget deal, crafted by Rep. Paul Ryan, R-Wis., and Sen. Patty Murray, D-Wash.,…
Commentary: Close tax loopholes; Don’t cut Social Security
In my 30 years working at the Social Security Administration, I never once encountered a retired or disabled recipient living a life of luxury. And yet, some politicians want to solve our budget problems by cutting Social Security and Medicare,…
Pa.’s Schwartz keeping ties to centrist think tank
NEW YORK (AP) — Pennsylvania’s Democratic U.S. Rep. Allyson Schwartz said Friday that she wouldn’t cut ties with a centrist think thank that criticized high-profile Democrats last week. Schwartz, a candidate for Pennsylvania governor, said she would remain on the advisory…
How to Increase Your Retirement Confidence
How are we Americans collectively feeling about our retirement prospects? Survey says (and most financial advisors would concur), not so great. Consider this comparative data from an annual study by the Employee Benefit Research Institute: • In 2007, the EBRI study…
Get ready, Santa is coming, so is the tax man
Ready for year-end tax planning? In between holiday parties and last-minute shopping, it’s worth making sure that you are minimizing your 2013 tax bill. It’s almost always wise to maximize your deductions, prune losers from your portfolio and fill your retirement…
Senators Stress Advisors’ Role in Retirement Planning
Investment advisors will play a critical role in helping the nearly 80 million baby boomers and future generations develop a sustainable plan for retirement, a pair of senators said on Wednesday. At a Capitol Hill luncheon hosted by the Insured Retirement…
A Small Victory: For Now, Hands Off Social Security
There was one small victory that progressives could claim from the otherwise troubling congressional budget deal that was announced Tuesday: Social Security and Medicare were left untouched. Credit goes to progressives who made calls, signed petitions and showed up at rallies…