Senior Personal Finance Correspondent
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Feb 26, 2014

Stern Advice-To save best, think health accounts, Roth IRAs

NEW YORK, Feb 26 (Reuters) – Don’t think of the next seven
weeks as a grim time of tax-season drudgery; think of them as
your special, limited-time offer to enrich your future.

Most tax-favored retirement and health savings programs give
you until April 15, 2014 to make contributions that count
against your 2013 tax year. That’s such a significant benefit
that it would be foolish to ignore it.

Feb 12, 2014

Want to help the kids? Be tactful and strategic

NEW YORK (Reuters) – Bill Cosby, speaking as the obstetrician Heathcliff Huxtable on his 1980s eponymous television show, once told his sitcom child: “Your mother and I are rich. You have nothing.”

Judging from comments made by financial advisers and their clients, a lot of people probably wish they could say that, especially to their adult children.

Feb 12, 2014

Stern Advice-Want to help the kids? Be tactful and strategic

NEW YORK, Feb 12 (Reuters) – Bill Cosby, speaking as the
obstetrician Heathcliff Huxtable on his 1980s eponymous
television show, once told his sitcom child: “Your mother and I
are rich. You have nothing.”

Judging from comments made by financial advisers and their
clients, a lot of people probably wish they could say that,
especially to their adult children.

Jan 22, 2014

That retirement time bomb

NEW YORK, Jan 22 (Reuters) – The baby boom generation is
moving into retirement with something no other generation has
had: huge tax liabilities.

With their savings concentrated in tax-deferred retirement
accounts like 401(k)s or individual retirement accounts, many
boomers will have to pay income taxes on most of the money they
live on. In addition, they are likely to find a high percentage
of their Social Security benefits taxable.

Jan 8, 2014

Five ways to hack your 401(k) in 2014

NEW YORK (Reuters) – Don’t look now, but your 401(k) retirement account is probably humming along nicely. Not only did the investments in it do extraordinarily well in 2013, but the folks who run those accounts made considerable improvements.

Employers got more generous with their contributions and plan managers added some new and better investment choices and recommitted themselves to holding down fees.

Jan 8, 2014

Stern Advice – 5 ways to hack your 401(k) in 2014

NEW YORK, Jan 8 (Reuters) – Don’t look now, but your 401(k)
retirement account is probably humming along nicely. Not only
did the investments in it do extraordinarily well in 2013, but
the folks who run those accounts made considerable improvements.

Employers got more generous with their contributions and
plan managers added some new and better investment choices and
recommitted themselves to holding down fees.

Dec 30, 2013

Financial resolutions for a prosperous 2014

NEW YORK, Dec 30 (Reuters) – Resolutions don’t work -
behavioral experts know that. When you wake up on Jan. 1 and
emphatically say something vague like “This year, I am going to
get my finances under control – I really mean it!” there’s a
good chance your budget will end up where all those good
intentions usually lead.

That’s why it’s better to make to-do lists instead. Each of
the activities on my 2014 list are discrete and actionable, and
don’t take very long. Tick them off, one by one, and you’ll
dramatically improve your finances.

Dec 18, 2013

Should you be running to or from munis?

NEW YORK (Reuters) – I’m a contrarian. So when I see investors fleeing municipal bond mutual funds at a record pace, and when I hear that it is nothing but risk, risk, risk for munis, I start looking for that silver lining.

After all, the secret of successful investing is to “buy when there’s blood on the street,” as Baron Rothschild liked to say.

Dec 18, 2013

Stern Advice-Should you be running to or from munis?

NEW YORK, Dec 18 (Reuters) – I’m a contrarian. So when I see
investors fleeing municipal bond mutual funds at a record pace,
and when I hear that it is nothing but risk, risk, risk for
munis, I start looking for that silver lining.

After all, the secret of successful investing is to “buy
when there’s blood on the street,” as Baron Rothschild liked to
say.

Dec 4, 2013

Stern Advice – That retirement crisis? Not so bad, after all

NEW YORK, Dec 4 (Reuters) – Don’t look now, but some of the same folks who have been spreading fear about the woeful lack of retirement readiness among American workers have something new to say on the subject: a financial industry study that asserts that we’re doing a lot better than we think.

“Americans’ retirement well-being has improved over time, as successive generations of retirees have been better off than previous generations,” says the study, “Our Strong Retirement System: An American Success Story,” being released on Wednesday.

    • About Linda

      "Linda Stern is an award-winning personal finance journalist who loves to write about how the big picture affects your pocketbook. A former contributing editor at Newsweek magazine and a long-time Reuters columnist, Stern covers everything from credit cards to retirement planning to investing. As a Washington-based correspondent, she sneaks in as much tax and economic policy as her editors will allow. She tweets at www.twitter.com/LindaStern. And when she expresses opinions, they are her own and not those of her employer."
      Joined Reuters:
      October 2010
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