Friday, August 1, 2014 Av 5, 5774
Recent stock-market declines have affected virtually every sector of the economy, but the impact on retirement accounts has been the most worrisome for many people. Retirement accounts have lost about $2 trillion over the past two years due to market declines, according to Congressional Budget Office estimates. But don't despair! There are steps you can take now to protect your...
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The downturn in the economy has taken a toll on everyone, but retired senior citizens are often hardest hit by a recession because they generally live on fixed incomes. Earnings on retirement-plan investments may have declined sharply due to drops in stock prices and interest rates. How to help your retired parents or other relatives weather a recession? Here are...
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Now that the tax man has been paid -- you did pay him, right? If not, ignore this column until later and start thinking of your excuses -- there's another fiscal matter that seems to be afflicting more and more consumers these days, notably those who never had such a problem: Dealing with debt collections. To fall behind on debt...
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Those extra coins really do add up
Think you're the only one who needs to exercise? How about those greenbacks in your wallet? It's always a good idea to spend your money wisely, but during tough economic times, this smart step is even more important. Which is why the Pennsylvania Institute of Certified Public Accountants offers these tips on how to get the most out of every...
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As the stock market goes through gyrations rarely if ever seen before on Wall Street, maybe it's time for investors and bill-payers to rethink that budget first formed when banks didn't have "for sale" signs on them, and "banker's hours" were to be envied, not applied to time spent at the unemployment office. That free toaster when you opened a...
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