Tuesday, September 30, 2014 Tishri 6, 5775
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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By:
Joel L. Naroff, JE Feature
The recession grinds on, but there are strange doings in the darkest corners of the economy. Some consumers have actually started revisiting the malls and vehicle dealerships. Businesses have seen a glimmer of hope on the orders front. Realtors are starting to see not only interest in homes, but a few hardy souls have actually made offers that were accepted...
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By:
Fred D. Snitzer, JE Feature
The mind-boggling complexity of the current fiscal crisis, coupled with its real and painful effects on the lives of many Americans, has created the fetid conditions for the emergence of poisonous conspiracy theories and rage-filled populism. Private citizens who had the misfortune to work for AIG have seen their homes turned into a stop on a bus tour of financial...
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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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