Americans lost 2.4 million jobs last year. And more workers are worried about getting a pink slip any day now. This economic blizzard has many people in both groups — as well as retirees — wondering how safe their workplace retirement funds are. If you’re laid off — or, even worse,...
10 most overlooked tax deductionsThrough deductions, American wage earners have the chance to pocket more income, rather than hand over their hard-earned cash to the government. For those who keep good records, deductions can mean more money – and less for the IRS. You probably know the most common deductions, such as deductions...
6 big financial traps to avoidFor most people, each and every day involves some type of financial decision. So how do you feel about your financial decision-making skills? If you think you are making sound choices, ask yourself this: Have you weighed the consequences of your choices against their apparent benefits? In many cases,...
7 questions to ask a financial adviserNo 1. Are there any skeletons in the closet? As investors look for guidance in these troubled markets, one question looms above all others: Whom can you trust? During boom times, it was easy to hire a financial adviser and put your money on autopilot. Now the market is in chaos and thousands of investors...