Spooky: Each Of Us Spends $77.52 On Halloween If you’re like me, you’re shocked – scared, in fact – to hear that the average American will spend $77.52 on Halloween this year. But come November 1st, you may also be terrified to realize how quickly you got there.
Asset Allocation For Retirement The U.S. government recently issued guidelines for the ownership of annuities in 401(k) plans, patching what had been a big hole in many workplace retirement offerings: How to secure an income after you stop working.
Amid Legal Battle, Airbnb Remains Proud Sponsor Of NYC Marathon Less than a month after New York State Attorney General Eric Schneiderman issued a report finding nearly three-quarters of all Airbnb rentals illegal, the house-sharing website will be in the spotlight in the big apple again, in a big way. This time, as the sponsor of the New York City Marathon, which takes place on November 2, 2014.
Income Inequality's New Gift: The Ebola Outbreak It's dangerous to ascribe too much to any one issue. But by its nature, income inequality extends into vast amounts of life. For example, combine low wages with high deductible health insurance and you can create a disaster that keeps on giving, as seriously ill people fall into long-term debt to cover costs those of us with robust insurance take for granted.
New Treasury Guidance Will Encourage Annuities In 401(k) Plans Earlier today, the U.S. Treasury Department took an extremely important and welcome step to promote retirement income security. Treasury issued guidelines to pave the way for employers who sponsor 401(k) and other defined contribution plans to voluntarily allow the contributions of automatically enrolled participants to be placed in deferred annuities. This could prove to be a watershed event for promoting income security for millions of future retirees.
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