Your Daily digest for Yahoo! Finance – Personal Finance

Yahoo! Finance – Personal Finance
Read latest personal finance articles about loans, saving & spending, lifestyle, insurance, taxes, career & education, retirement, and real estate. Try our calculators for setting your savings goals for a car, down payment for a home, education and other needs as well as mortgage calculator to determine monthly payments for a home. Search glossary to better understand financial terms and their meanings.
A First: Per-Student Spending Down at Schools May 24th 2013, 19:42
A First: Per-Student Spending Down at SchoolsThe amount of money spent per public school student fell in 2011 for the first time since the Census Bureau began keeping records more than three decades earlier, as economic woes finally caught up with …Media files:
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7 Ways to Prepare for Retired Life May 24th 2013, 19:24
When your retirement arrives, will you be ready? Have you sufficiently prepared yourself to make the most of your second act? Some retirees-to-be may find themselves waiting to see what will happen once …

Class of 2013 guide to student loans May 24th 2013, 17:51
Graduating students arrive for Commencement Exercises at Boston College in BostonCollege graduates are carrying more than just their diplomas this spring as they enter the real world: student loan debt – a lot of it. Seventy percent of the Class of 2013 is graduating indebted, with …Media files:
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5 Money Traps to Avoid This Memorial Day Weekend May 24th 2013, 16:12
While you’ve probably been worrying about the weather for Memorial Day weekend, we’ve been worrying about your wallet.

United refinances high-interest debt, cuts costs May 24th 2013, 15:17
Manchester United says it has refinanced more than $290 million of high-interest debt, cutting the club’s interest costs by around $15 million a year. Fresh from winning a 20th English title, United says …

Insight: Luxury brands position for U.S. boom May 24th 2013, 14:09
A woman enters a high-end retail store along 5th Avenue in New YorkMost men might balk at spending $600 on a pair of Dior sneakers but for U.S. shoppers like Ephraim, an upbeat 30-year-old, such indulgences are becoming increasingly commonplace. Ephraim is the kind of …Media files:
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How to Prepare for a Cyberattack on Your Bank’s Website May 24th 2013, 13:45
For the past year, bank websites have been routine targets of large-scale cyberattacks that rendered the sites inaccessible. Fortunately, these cyberattacks do not put your account information in jeopardy. …

4 Traits Banks Look For In New Staff May 24th 2013, 13:22
Trust is the number one trait that banks are looking for in new hires, but there are other abilities that are equally desired.

Underwater Borrowers Becoming Accidental Landlords May 24th 2013, 13:18
Underwater Borrowers Becoming Accidental LandlordsThirteen million borrowers still owe more on their mortgages than their homes are worth. “Underwater” borrowers have to pay money into their loans to get out of their homes, and another 9 million …Media files:
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France won’t force companies to cap executive pay May 24th 2013, 12:53
France won't force companies to cap executive payThe French government is trying to woo executives and entrepreneurs, amid concerns that it has antagonized the businesses needed to reinvigorate the economy. Finance Minister Pierre Moscovici announced …Media files:
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Will card debt scare off student loan lenders? May 24th 2013, 12:00
With high card debt, no job and a desire to return to school, will qualifying for a student loan be insurmountable?

Money Tips To Stretch Your Retirement Nest Egg May 24th 2013, 11:31
beach retirementLearn the key investment and savings tips you need to ensure your retirement savings last as long as you do.Media files:
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Prize-linked checking: A chance to win bank cash May 24th 2013, 10:00
If you like playing the lottery and need a checking account, a chance at prizes might be just enough to entice you to open one at a particular bank. Prize-linked checking is designed for the game player …

How do I safely invest a $500 million inheritance? May 24th 2013, 10:00
Dear Dr. Don, I was recently informed that I could inherit a large sum of money. I am not wealthy now and am inexperienced in such matters. The sum could be as much as $500 million. Obviously, I’m feeling …

Can I trade in my leased car for a used car? May 24th 2013, 10:00
Dear Driving for Dollars, I want to turn in my leased car early because I have a new job that is requiring me to drive more miles than the mileage allowance. I’d like to replace it with a used car. How …

Get your loan from a car dealer or a lender? May 24th 2013, 10:00
If you are ready to buy a new car, don’t wait until you’re sitting at the dealer’s desk to know your monthly payment. Instead, secure your car loan from an outside lender, whether it’s a national lender, …

Embattled P&G Chief Replaced By Old Boss May 24th 2013, 02:54
Robert McDonald’s four-year struggle to adapt Procter & Gamble Co. to a new world of more frugal consumers and tougher global competition has come to an abrupt end. Late Thursday, P&G replaced Mr. McDonald …

Debt Collector Sued Over Tactics May 24th 2013, 01:09
Fausto Brito, a Bronx truck driver, said he was stunned to learn last summer that his credit was too damaged to obtain a home mortgage. He was told he had been sued in 2006 by Palisades Collection over …

Your Daily digest for Yahoo! Finance – Personal Finance

Yahoo! Finance – Personal Finance
Read latest personal finance articles about loans, saving & spending, lifestyle, insurance, taxes, career & education, retirement, and real estate. Try our calculators for setting your savings goals for a car, down payment for a home, education and other needs as well as mortgage calculator to determine monthly payments for a home. Search glossary to better understand financial terms and their meanings.
6 tips on managing your 401(k) plan effectively May 23rd 2013, 23:34
The run-up in stock prices this year could tempt even the most hands-off investor to wade into their 401(k) and make some changes. The Dow Jones industrial average, Nasdaq and Standard & Poor’s 500 indexes …

Average US mortgage rates rise for 3rd week May 23rd 2013, 23:23
Average U.S. mortgage rates rose for the third straight week, hitting their highest levels since mid-March, but still remained close to record lows. Here’s a look at rates for fixed and adjustable mortgages …

New rules for labeling meat go into effect in US May 23rd 2013, 23:13
Shoppers in the U.S. will soon have more information about where their meat comes from after new federal labeling rules went into effect Thursday. The rules require labels on steaks, ribs and other cuts …

Tobacco farmers notch legislative victory May 23rd 2013, 23:04
Tobacco farmers long on the defensive notched a victory Thursday when the U.S. Senate fended off efforts to eliminate the federal insurance program for the embattled crop. The vote, coming as the Senate …

Senate votes to cut crop insurance aid for wealthy May 23rd 2013, 22:06
The Senate on Thursday voted to limit the amount of government subsidies the wealthiest farmers receive when purchasing crop insurance. The vote was one small victory this week for critics of a massive, …

House backs variable rate student loans May 23rd 2013, 21:53
House backs variable rate student loansDismissing a veto threat from President Barack Obama, lawmakers in the House passed legislation that links student loan rates to the ups and downs of the financial markets in a vote largely along party …Media files:
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Dear Class of ‘13: You’ve been scammed May 23rd 2013, 21:32
How the College-Industrial Complex drove tuition to outrageous highs.

Smooth confirmation hearing for Pritzker May 23rd 2013, 20:54
Smooth confirmation hearing for PritzkerPresident Barack Obama’s nominee for commerce secretary was questioned briefly about her ties to a subprime mortgage lender that failed in 2001 and her role as a beneficiary of family offshore trusts in …Media files:
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6 Money-Saving Strategies That May Cost You in the Long Run May 23rd 2013, 20:51
Not everything we do to save money really saves us money. For instance, as all savvy shoppers know, if you clip coupons when grocery shopping, sometimes you’re still better off buying a cheaper brand elsewhere …

7 Fun Ways for Retirees to Make Extra Money May 23rd 2013, 20:34
Retirement can be a difficult transition for many of us. We spend 8 to 10 hours per day working hard, and it’s tough to just stop working completely. Of course, we all have plans and projects that we have …

News Summary: US mortgage rates up, but still low May 23rd 2013, 19:36
RATES RISE: Average U.S. rates on fixed mortgages rose this week to their highest levels since mid-March. Even with the gains, they remained close to historic lows. THE NUMBERS: The average rate for the …

JPMorgan names Barry Sommers to head consumer bank May 23rd 2013, 17:49
JPMorgan Chase said it has appointed Barry Sommers, under whom the bank expanded its services to wealthy clients, to head its Chase consumer bank business. Sommers, 44, who previously served as chief executive …

US rate on 30-year mortgages rises to 3.59 pct. May 23rd 2013, 17:49
US rate on 30-year mortgages rises to 3.59 pct.Average rates on fixed mortgages rose for the third straight week, hitting their highest levels since mid-March. Still, mortgage rates remained close to historic lows, a trend that should help sustain …Media files:
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Pritzker’s ties to thrift, tax haven eyed May 23rd 2013, 17:22
Smooth confirmation hearing for PritzkerPresident Barack Obama’s nominee for secretary of commerce is facing scrutiny in the Senate for her ties to a subprime mortgage lender that failed in 2001 and as a beneficiary of family offshore trusts …Media files:
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Jobs, housing data show economy has some muscle May 23rd 2013, 16:52
Hundreds of job seekers wait in line with their resumes to talk to recruiters at the Colorado Hospital Association health care career fair in DenverThe number of Americans filing new claims for unemployment benefits fell last week, pointing to resilience in the labor market despite belt-tightening by Washington. The improving employment picture is …Media files:
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Skills Gap: Health Care Needs Data Experts May 23rd 2013, 16:16
Skills Gap: Health Care Needs Data ExpertsHospitals, health insurers and pharmaceutical companies are all looking to harness big data, but finding the workers isn’t always easy. In some cases, companies are making acquisitions to bring talent …Media files:
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5 Scholarships for In-Demand College Majors May 23rd 2013, 14:51
Selecting a college major can be one of the easiest – or most difficult – decisions a person can make in their lifetime. Some of you have known you’ve wanted to become a veterinarian since the day you …

Most NY school district budgets OK’d by voters May 23rd 2013, 13:02
New Yorkers voting on school budgets for next year have approved nearly all of the proposals containing tax increases within state-imposed taxing limits. Budgets that proposed bigger tax increases mostly …

What Advice Can Parents Give a New Grad for the Work World? May 23rd 2013, 12:48
If your child has recently graduated from college and is now looking for – or has hopefully found – her first “real” job , you may want to impart great wisdom to her. It’s a difficult time for …

Carney: Criticism of IRS response ‘legitimate’ May 23rd 2013, 12:47
Carney: Criticism of IRS response 'legitimate'President Barack Obama’s spokesman says the White House is facing “legitimate criticisms” for its shifting accounts about who knew what about the Internal Revenue Service’s targeting of conservative …Media files:
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Keeping your credit score high in retirement May 23rd 2013, 12:00
As retirement approaches, it’s time to review your collection of credit cards to make sure they’re still working for you, and to keep debt low

Deutsche bosses seek to win over skeptical shareholders May 23rd 2013, 11:28
Pedestrians are reflected in a window as they walk in front of the headquarters of Deutsche Bank AG in FrankfurtDeutsche Bank’s bosses tried to convince skeptical shareholders at a lively annual meeting on Thursday that the bank was on the right track again after facing a host of legal problems. Co-chief Executives …Media files:
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Why the Housing Market Won’t Drive the Recovery May 23rd 2013, 11:21
Why the Housing Market Won't Drive the RecoveryHousing is good but not great and unlikely to be a leading force in a robust recovery, according to a group that is one of the industry’s leading voices.Media files:
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Soon-to-Retire Couple Balances Travel Dreams With Portfolio Longevity May 23rd 2013, 11:00
The bucket strategy helps tee up near-term distributions and set long-term allocations.

House to vote on variable-rate student loans May 23rd 2013, 07:34
House lawmakers are ready to pass legislation that links student loan rates to the financial markets. It’s already drawn a veto threat from President Barack Obama. The measure set to pass Thursday would …

Emails Suggest IRS Targeting Developed by Lower-Level Workers May 23rd 2013, 00:16
WASHINGTON—Emails and other documents released Wednesday suggest the Internal Revenue Service’s procedures used to target conservative groups for added scrutiny were developed by lower-level employees. …

Your Daily digest for Yahoo! Finance – Personal Finance

Yahoo! Finance – Personal Finance
Read latest personal finance articles about loans, saving & spending, lifestyle, insurance, taxes, career & education, retirement, and real estate. Try our calculators for setting your savings goals for a car, down payment for a home, education and other needs as well as mortgage calculator to determine monthly payments for a home. Search glossary to better understand financial terms and their meanings.
IRS official to take the 5th at House hearing May 21st 2013, 22:44
IRS official to take the 5th at House hearingSummoned by Congress, a key figure in the Internal Revenue Service’s targeting of conservative groups plans to invoke her constitutional right against self-incrimination and decline to testify at a congressional …Media files:
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IRS official Lerner to take 5th at hearing May 21st 2013, 20:46
A key figure in the Internal Revenue Service controversy plans to invoke her constitutional right not to testify at a congressional hearing on Wednesday. Lois Lerner is the director of the IRS division …

Protesters chant ‘Stop the IRS’ in Cincinnati May 21st 2013, 19:33
Protesters chant 'Stop the IRS' in CincinnatiTea party activists waving flags and signs, singing patriotic songs and chanting anti-IRS slogans protested outside federal buildings across the country Tuesday to protest the agency’s extra scrutiny of …Media files:
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Why Shopping Can Be Good for Your Health May 21st 2013, 18:59
When your significant other says it’s over, your first instinct may be to seek comfort in a pint of ice cream or a stiff drink. But there are healthier ways of nursing a broken heart — including shopping. …

Former IRS chief: Can’t say how targeting happened May 21st 2013, 18:22
Former IRS chief: Can't say how targeting happenedThe man who led the Internal Revenue Service when it was giving extra scrutiny to tea party and other conservative groups seeking tax-exempt status told Congress on Tuesday that he knew little about what …Media files:
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Earning Too Little to Save for Retirement May 21st 2013, 17:12
When you’re first starting out on your own, it can be difficult to feel as though you have enough money to save for retirement . Many people have the misconception that they need to have a certain amount …

Health Insurance for Less Than $100 Monthly May 21st 2013, 16:56
In some places around the world, it is possible to arrange good, comprehensive health insurance for less than $100 per month. In some countries the cost of medical care can be so low that it can make more …

Why Social Security Needs Separate Treatment May 21st 2013, 16:13
Like the fiscal Bobbsey twins, Social Security never seems to travel without its beleaguered entitlements companion, variously called health care, or Medicare, or sometimes Medicare and Medicaid. This …

5 Budget Travel Tips You Haven’t Heard Before May 21st 2013, 16:02
Hitting the road this summer? Here’s how to save a bundle on hotels, flights and more. Memorial Day weekend kicks off the summer travel season, and according to travel booking website Orbitz.com, more …

Apple’s offshore tax havens on the hot seat May 21st 2013, 16:02
Apple’s offshore tax havens on the hot seat

Column: Transforming your 401(k) into steady income May 21st 2013, 15:59
A job and a paycheck – they go together like coffee and cream. But when you retire from your regular job, does that mean you have to give up the cream? A growing number of 401 plans are including investment …

Wash. gov signs $8.7 billion transportation budget May 21st 2013, 15:47
Wash. gov signs $8.7 billion transportation budgetWashington Gov. Jay Inslee signed off on an $8.7 billion transportation budget Monday that puts money toward maintaining state roadways and continues spending on existing big-ticket projects. But he vetoed …Media files:
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Save More for College Education With a 529 Plan May 21st 2013, 13:57
When it comes to paying for your child’s college education, do you feel prepared? Putting money aside in a regular savings account likely won’t help you reach your goals the same way other savings vehicles …

How Much Americans Say They Need to Get By May 21st 2013, 13:54
How Much Americans Say They Need to Get ByAmericans think that a family of four would need to bring in a minimum of $58,000 a year, on average, just to get by in their community, a new Gallup survey finds. That’s more than double the 2012 poverty …Media files:
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3 Smart Career Lessons from Randy Pausch’s Last Lecture May 21st 2013, 13:08
Years ago, Carnegie Mellon University developed the concept for a “Last Lecture Series” that challenged presenters to deliver a talk as if it were their last chance to impart wisdom on others. …

Former IRS commissioner heads to Hill amid scandal May 21st 2013, 13:01
Leading Senate Democrat: IRS behavior intolerableLawmakers are getting their first chance to question the former head of the Internal Revenue Service, the man who ran the agency when agents were improperly targeting tea party groups. Some of the questions …Media files:
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10 Pack-a-Punch Verbs to Include on Your Résumé; May 21st 2013, 12:52
Before you write a word of your new résumé, make certain that you understand its primary purpose: to demonstrate your ability to contribute to the bottom line of the company or organization you seek to …

How to earn more travel rewards without getting a new card May 21st 2013, 12:00
The fastest way to rack up credit card rewards is through sign-up bonuses. If you don’t want a new card, there are still ways to boost your earning potential

Seniors losing savings to ‘pension advance’ firms May 21st 2013, 11:26
Seniors losing savings to ‘pension advance’ firms

Opening a Coverdell May Require Shopping Around May 21st 2013, 11:00
Vanguard and Fidelity are among fund shops that don’t offer the accounts to those beginning to save for educational expenses.

Sandwich Generation Couple Plots Transition to Retirement May 21st 2013, 11:00
Retirement beckons, and this couple has some decisions to make.

Economy on the Move-And So Are Americans May 21st 2013, 10:45
Economy on the Move-And So Are AmericansThanks to the slowly brightening employment picture, along with the uptick in the housing market, Americans are packing up and relocating. And the pace is likely to pick up this summer, according to industry …Media files:
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Web Developer: Make $30 an Hour, No Bachelor’s Degree Required May 21st 2013, 10:03
Web developer: Make $30 an hour, no bachelor’s degree required

Will your insurance stand up to a tornado? May 21st 2013, 10:00
Insurance Tornadoes Will Your Home Insurance Take On A Tornado? It seems to appear out of nowhere and is gone within minutes, but in that short time a tornado can devastate a home. The vital question is: …

Is mortgage payment for rental tax-deductible? May 21st 2013, 10:00
Dear Tax Talk, Is a mortgage for a house rental tax-deductible? I know mortgage interest is, but how about the monthly payment I make? I report the rental income as income; why not the mortgage as expense? …

Homeowner wants to be mortgage-free by 52 May 21st 2013, 10:00
Dear Dr. Don, I recently purchased a new home with a 30-year mortgage fixed at 3.375 percent. I hate the idea of paying for a home for 30 years, not to mention the added interest over time. So, I have …

Filing Ch. 7 on your own? Avoid these mistakes May 21st 2013, 10:00
Dear Bankruptcy Adviser, I filed for Chapter 7. I received a deficiency notice to file a Chapter 7 Individual Debtor’s Statement of Intention, but I do not have any secured debt. Do I still have to file …

SBA starting new lending program for veterans May 21st 2013, 09:03
The Small Business Administration says it has lined up pledges from more than 120 banks to increase lending to veterans. The agency said Tuesday it’s starting a program, the SBA Veteran Pledge Initiative, …

Senate to debate crop insurance in farm bill May 21st 2013, 06:59
The Senate is debating cuts to the federally subsidized crop insurance program as it considers a massive farm bill this week. The Obama administration said Monday it wants to see more cuts to crop insurance …

White House says more farm subsidy cuts needed May 21st 2013, 06:59
The Senate is debating cuts to the federal crop insurance program as it considers a massive farm bill this week. The Obama administration said Monday it wants to see more cuts to agriculture subsidies …

Your Daily digest for Yahoo! Finance – Personal Finance

Yahoo! Finance – Personal Finance
Read latest personal finance articles about loans, saving & spending, lifestyle, insurance, taxes, career & education, retirement, and real estate. Try our calculators for setting your savings goals for a car, down payment for a home, education and other needs as well as mortgage calculator to determine monthly payments for a home. Search glossary to better understand financial terms and their meanings.
Tea party looks to take advantage of moment May 19th 2013, 19:33
Tea party looks to take advantage of momentIs the tea party getting its groove back? Shouts of vindication from around the country suggest the movement’s leaders certainly think so. They say the IRS acknowledgement that it had targeted their groups …Media files:
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Your Daily digest for Yahoo! Finance – Personal Finance

Yahoo! Finance – Personal Finance
Read latest personal finance articles about loans, saving & spending, lifestyle, insurance, taxes, career & education, retirement, and real estate. Try our calculators for setting your savings goals for a car, down payment for a home, education and other needs as well as mortgage calculator to determine monthly payments for a home. Search glossary to better understand financial terms and their meanings.
New Bill to Colleges: Prove Your Worth May 18th 2013, 18:34
A new bipartisan bill, the Student Right to Know Before You Go Act, aims to press colleges into providing prospective students and families with data on the employment outcomes of their graduates.

Waffle Taco, Bacon Sundae: Restaurants Wow May 18th 2013, 17:50
Waffle Taco, Bacon Sundae: Restaurants WowHoping to increase sales and traffic in their restaurants, fast-food and fast-casual operators are cranking up the menu innovation to produce items that stray from the gastronomic norm.Media files:
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Google’s wearable Glass gadget: cool or creepy? May 18th 2013, 15:16
File photo of Google founder Sergey Brin posing for a portrait wearing Google Glass during New York Fashion WeekGoogle staged four discussions expounding on the finer points of its “Glass” wearable computer during this week’s developer conference. Missing from the agenda, however, was a session on etiquette …Media files:
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Restaurants Fear Tough Drunk-Driving Law May 18th 2013, 04:34
Restaurants Fear Tough Drunk-Driving LawThe National Transportation Safety Board wants states to make it illegal to drive with a blood-alcohol content level above 0.05. Currently all U.S. states set the limit at 0.08. For some people, the lower …Media files:
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Student loan co-signer on the hook for delinquency May 17th 2013, 12:00
A wife co-signed her husband’s student loans, which he defaulted on when he lost his job. Should she pay off the balance or not?

Your Daily digest for Yahoo! Finance – Personal Finance

Yahoo! Finance – Personal Finance
Read latest personal finance articles about loans, saving & spending, lifestyle, insurance, taxes, career & education, retirement, and real estate. Try our calculators for setting your savings goals for a car, down payment for a home, education and other needs as well as mortgage calculator to determine monthly payments for a home. Search glossary to better understand financial terms and their meanings.
Factbox: Key players in the IRS scandal May 18th 2013, 00:54
Three congressional committees and the Department of Justice are investigating the Internal Revenue Service’s scrutiny of conservative groups seeking tax-exempt status as the scandal distracts from President …

Pew survey questions Gen X, baby boomer savings May 17th 2013, 20:52
A research report by the Pew Charitable Trusts says younger baby boomers and Generation Xers face an uncertain retirement because of reduced savings, high levels of debt, and losses during the Great Recession. …

Two states say 2014 Obamacare insurance costs on low side May 17th 2013, 19:57
A patient speaks to Dr. Vinci during his check up at University of Chicago Medicine Primary Care Clinic in ChicagoIn a boost for President Barack Obama’s healthcare reform law, two states in the Northwest said on Friday that insurance companies submitted applications to sell policies on the states’ health insurance …Media files:
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Retirement tests if Beckham built lasting brand May 17th 2013, 17:54
Retirement tests if Beckham built lasting brandDavid Beckham’s pecs are at least as much a part of his brand as his kick; his brand of shoes ultimately more lucrative than the game he’s giving up. Listed as the world’s highest-earning athlete for 2013, …Media files:
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Ousted IRS chief regrets treatment of tea party May 17th 2013, 17:41
Ousted IRS chief regrets treatment of tea partyThe ousted head of the Internal Revenue Service apologized to Congress on Friday for his agency’s tougher treatment of tea party and other conservative groups seeking tax-exempt status. He said they resulted …Media files:
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4 Tips for Negotiating an Apartment Lease May 17th 2013, 17:16
Finding the perfect apartment that fits your budget can be tough – especially in today’s economy, where rental rates have increased by around 9 percent since 2009, according to a recent report by Reis …

Class of 2013 Grads Average $35,200 in Loans, Credit Card Debt May 17th 2013, 16:41
Class of 2013 grads average $35,200 in loans, credit card debt

10 Easy Ways to Save for a Down Payment May 17th 2013, 16:40
The down payment is often the toughest hurdle to clear when buying a home. Whether you’re opting for a Federal Housing Administration mortgage loan with just 3.5 percent down, or shooting for a conventional …

How to Get Your Finances in Order Before a Divorce May 17th 2013, 16:16
Many people going through a divorce experience a combination of emotional and monetary concerns. Fortunately, they can minimize the latter by taking a hands-on approach to organizing their finances. Once …

Gen X and Late Baby Boomers Face Bleak Retirements May 17th 2013, 14:53
Unless Gen Xers and late baby boomers are able to make big changes in their savings, spending and debt habits, they are on track to become the nation’s first generations to fare more poorly than earlier …

Will Retirement Stress You Out? May 17th 2013, 14:42
Many people think they will no longer have stress in retirement. Safely crossing the finish line into retired life is the end goal of years spent working and saving, and we deserve to leave our troubles …

Put College Savings to Work After Graduation May 17th 2013, 14:14
Cashing out the money left in 529 plans, tax-advantaged college savings accounts, immediately after graduation doesn’t make sense for all graduates. There’s no better way for students to keep their money …

Outgoing IRS chief apologizes for ‘foolish mistakes’ May 17th 2013, 13:50
The outgoing head of the Internal Revenue Service apologized on Friday for “foolish mistakes” made at the U.S. tax agency which he said resulted from a heavy workload, not a partisan mission. …

Tea party tax returns show activism on a budget May 17th 2013, 13:35
Tea party tax returns show activism on a budgetDozens of tea party groups and other conservative organizations of the kind subjected to improper scrutiny by the Internal Revenue Service operated with small budgets and rarely displayed overt partisan …Media files:
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Representative Camp says IRS scandal has exposed ‘rotten’ tax system May 17th 2013, 13:29
A leading congressman said on Friday that an Internal Revenue Service scandal had exposed deep problems with the federal tax system, saying it needed to be overhauled. “Trimming a few branches will …

Beckham’s role after retirement to remain global May 17th 2013, 13:27
Beckham's role after retirement to remain globalAfter David Beckham’s long and distinguished soccer career ends on an artificial turf field in northwestern France, his life promises to be perhaps even more glamorous than it already has been. Nearly …Media files:
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What Makes a Small Business? Depends Who You Ask May 17th 2013, 13:17
How do you promote America’s small businesses? First, you decide what a small business actually is. And as it turns out, no one agrees on that definition. Lawmakers spend a lot of time talking up the virtues …

How to See the World and ‘Arbitrage’ Your Retirement May 17th 2013, 12:45
A man soaks his feet in a fountain while reading a magazine on the Rose Kennedy Greenway on a warm summer afternoon in BostonIn the financial world, arbitrage is a trading strategy that earns profit by exploiting price differences between markets. By that definition, Dan Prescher is a sophisticated arbitrageur. The 58-year-old …Media files:
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Planning Your Second Career May 17th 2013, 12:35
A second career can provide opportunities whether you are worried about outliving your retirement savings, or you want to stay productive and do something meaningful later in life.

What Congress should ask IRS, but probably won’t May 17th 2013, 11:58
The House of Representatives Ways and Means Committee on Friday will hold the first of three hearings on the Internal Revenue Service “Tea Party” targeting scandal. Tax experts hope the hearings …

IRS says head of tax-exempt division to retire May 17th 2013, 11:58
The head of the Internal Revenue Service’s tax exempt/government entities division plans to retire, the IRS said on Thursday, marking the second personnel change at the agency after a scandal involving …

How You Can Tell If the IRS Is Eyeing You May 17th 2013, 10:46
How You Can Tell If the IRS Is Eyeing YouBeing audited is scary. Not knowing if you might be is almost as bad. Here are telltale signs the IRS looks for when it decides who is a candidate for examination.Media files:
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Study: Happy kids get better jobs as adults May 17th 2013, 10:00
Money may not be able to buy you happiness, but happy children are more likely to grow up and earn more than their unhappy peers, according to a new study. The multiyear study, which was published in November …

Will car loan payoff improve credit score? May 17th 2013, 10:00
Dear Driving for Dollars, Will my credit score go up if I pay off the remaining balance on my car loan? — Stacey Dear Stacey, Paying off an installment loan — a loan that is for a fixed amount for a …

Refi reverse mortgage, keep wife in house May 17th 2013, 10:00
Dear Dr. Don, I got a reverse mortgage on my home, but my wife was not on the loan. I was hoping to add her name through refinancing the reverse mortgage. But, I’ve called some places and have been told …

Average US Retirement Age Is 61–And Rising May 16th 2013, 20:50
Average US Retirement Age Is 61-And RisingThe average retirement age has risen to 61, from 57 just two decades ago. And it seems to be rising, with non-retired American now planning to retire at 66, up from 60 in 1995, according to the Gallup …Media files:
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Your Daily digest for Yahoo! Finance – Personal Finance

Yahoo! Finance – Personal Finance
Read latest personal finance articles about loans, saving & spending, lifestyle, insurance, taxes, career & education, retirement, and real estate. Try our calculators for setting your savings goals for a car, down payment for a home, education and other needs as well as mortgage calculator to determine monthly payments for a home. Search glossary to better understand financial terms and their meanings.
Obama picks budget official to run troubled IRS May 17th 2013, 02:03
Obama picks budget official to run troubled IRSPresident Barack Obama picked a senior White House budget official to become the acting head of the Internal Revenue Service on Thursday, the same day another top official announced plans to leave the …Media files:
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Gen X on track to be worse off than Boomers in retirement, study finds May 17th 2013, 00:58
Gen X on track to be worse off than Boomers in retirement, study finds

US mortgage rates rise; still near historic lows May 16th 2013, 23:57
Average U.S. mortgage rates rose this week but remained near historic lows. . Here’s a look at rates for fixed and adjustable mortgages this week and over the past year:

EBay developers working on possible apps for Google Glass May 16th 2013, 23:25
File photo of Google founder Sergey Brin posing for a portrait wearing Google Glass during New York Fashion WeekDevelopers at eBay Inc are working on potential applications for Google Inc’s Glass project, opening up the possibility that shopping and broader commercial activities might be conducted through the wearable …Media files:
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That feel-good credit score may still disappoint May 16th 2013, 22:00
If you ever failed to pay a bill that was subsequently sent to a collection agency, it can still hurt you even if you pay it off. That’s because any blemish can stay on your credit report for up to…

US rate on 30-year mortgage rises to 3.51 pct. May 16th 2013, 21:37
US rate on 30-year mortgage rises to 3.51 pct.Average U.S. rates on fixed mortgages rose this week but stayed near their historic lows. Cheaper mortgages have helped the economy by spurring more home-buying and refinancing. Mortgage buyer Freddie …Media files:
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4 Reasons Gen X Will Struggle in Retirement May 16th 2013, 21:06
Members of Generation X are on track to replace a median of just half of their current salary in retirement. That’s a far smaller proportion of income than early baby boomers (82 percent) and depression …

2nd IRS official to leave amid tea party scandal May 16th 2013, 20:54
Obama picks budget official to run troubled IRSAs second top Internal Revenue Service official has announced plans to leave the agency amid the controversy over the targeting of tea party groups. An internal IRS memo says Joseph Grant, commissioner …Media files:
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Only 2 of 13 small SUVs do well in crash tests May 16th 2013, 20:24
Only 2 of 13 small SUVs do well in crash testsOnly two of 13 small SUVs performed well in front-end crash tests done by an insurance industry group, with several popular models faring poorly in the evaluations. Subaru’s 2014 Forester was the only …Media files:
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Most small SUVs do poorly in frontal crash tests May 16th 2013, 20:15
Only two of 13 small SUVs tested by the Insurance Institute for Highway Safety scored well on a front-end crash test. IIHS crashed the SUVs into a 5-foot-tall barrier at 40 mph and measured how the structure …

News Summary: IRS process a nightmare for groups May 16th 2013, 18:14
LONG WAITS: It often takes a year or more for nonprofit organizations known as “social welfare organizations” to get tax-exempt status, which requires them to prove they’re not primarily devoted …

Retirement healthcare costs decline: Fidelity May 16th 2013, 17:57
Healthcare costs put a big squeeze on retiree pocketbooks, but the grip may be relaxing a bit. A 65-year-old couple retiring this year will need $220,000 to pay for healthcare for the rest of their lives, …

Humana selling Concentra lab business May 16th 2013, 17:55
Health insurer Humana is selling a toxicology and clinical lab business, a division of its Concentra health care provider, to Quest Diagnostics Inc. Quest, a medical lab operator, did not say Thursday …

How loyalty programs influence the way you shop May 16th 2013, 17:45
Loyalty programs at supermarkets used to be as simple as getting access to the cheaper advertised prices on store shelves. But as companies fight to hold onto customers amid intensifying competition, they’re …

Ouster of IRS official isn’t ending investigations May 16th 2013, 16:26
Ouster of IRS official isn't ending investigationsDon’t look for the outcry over the Internal Revenue Service’s improper targeting of tea party groups to subside with the ouster of the agency’s acting commissioner. Three congressional committees are investigating, …Media files:
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Buying a House When Inventory Is Tight May 16th 2013, 16:04
How home buyers can make their offers more attractive in markets with relatively tight inventories of homes for sale.

Why I Rolled Over My 401(k) to an IRA May 16th 2013, 15:59
Last year, I left my corporate job and rolled my 401(k) over to an IRA. This was a great decision for me because the stock market did tremendously well over that period. When you retire, you need to figure …

How To Start Saving For Retirement May 16th 2013, 15:55
If you establish these money-saving habits and patiently allow your wealth to build, you will be taking some huge steps forward in making your financial future more secure.

Class of 2013 Job Seekers: Buy, Sell or Hold? May 16th 2013, 13:57
Once college graduates unzip their gown and take off their mortarboard cap, they enter into the bloated ranks of overeducated but underemployed job seekers pounding the pavement, armed with similar skill …

What’s Your Job Offer Really Worth? May 16th 2013, 13:16
When it comes time to deciding on a job, it boils down to the opportunity and what you’re offered. If you get more than one job offer, consider each carefully. It’s impossible to compare one job offer …

Friends, Prostitutes Comingle on Social Networks May 16th 2013, 12:45
Facebook, LinkedIn, Twitter and the policing of the new red-light district.

Will insurance cover cancer genetic testing, preventive surgery? May 16th 2013, 11:21
Will insurance cover cancer genetic testing, preventive surgery?

A Rare Bird: The Tax-Efficient Alternative May 16th 2013, 11:00
Gateway enhances a long-short strategy with tax efficiency.

Credit card interest rates for May 16, 2013 May 16th 2013, 10:00
Interest Rate Roundup Mortgages CDs Auto Loans Home Equity Credit Cards Find the best credit card offers available. Credit Cards 13.02% (all fixed) 15.24% (all variable) Credit card rates were unchanged …

What’s the fastest way to boost my credit? May 16th 2013, 10:00
Dear Debt Adviser, I make pretty good money, but my credit score is low. What’s the fastest way to raise my score? I’ve looked for help through credit repair places, but I haven’t decided whether they’re …

Keep my job and get full Social Security benefits? May 16th 2013, 10:00
Dear Retirement Adviser, I typically make about $55,000 a year. I will turn 66 years old in September 2014 and will retire the following year. Can I get Social Security starting in January 2014 and avoid …

Roth IRA withdrawal penalties? May 16th 2013, 10:00
Dear Tax Talk, I withdrew $38,000 from my Roth IRA last year due to unemployment to pay living expenses, medical premiums and bills. Is there a way to avoid paying an early withdrawal penalty? — Janet …

CD rates for May 16, 2013 May 16th 2013, 10:00
Interest Rate Roundup Mortgages CDs Auto Loans Home Equity Credit Cards Compare CD rates nationally and in your area. CDs 0.25% (1-year CD yields) 0.78% (5-year CD yields) Rates on certificates of deposit …

National mortgage rates for May 16, 2013 May 16th 2013, 10:00
Interest Rate Roundup Mortgages CDs Auto Loans Home Equity Credit Cards Find the best mortgage rates in your area. Mortgages 3.71% (30-year fixed) 0.34 (average points) Mortgage rates climbed for the second …

Mortgage rates jump for 2nd week in a row May 16th 2013, 10:00
Mortgage interest rates popped up again this week. 30 year fixed rate mortgage 3 month trend The benchmark 30-year fixed-rate mortgage rose to 3.71 percent compared with 3.6 percent last week, according …

Auto loan rates for May 16, 2013 May 16th 2013, 10:00
Interest Rate Roundup Mortgages CDs Auto Loans Home Equity Credit Cards Find the best auto rates in your area. Auto Loans 4.12% (60-month, new car) 4.69% (36-month, used car) Auto loan rates were flat …

A Flurry of Fed Speakers to Guide Wall Street May 16th 2013, 01:01
Thursday’s markets will navigate data on jobs, housing and inflation, but traders may be most interested in the words of Fed speakers.