Senior Personal Finance Correspondent
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Feb 20, 2013

Stern Advice-What’s the hurry? Financial decisions that can wait

WASHINGTON, Feb 20 (Reuters) – If you have ever been pitched
an investment, you’ve probably been on the receiving end of a
“limited time” offer – the kind where you have to act now or
forever lose your chance of participating in a great
opportunity.

In fact, there are many financial decisions best made by
procrastinators. The longer the wait, the better they turn out,
like some fine wines.

Feb 6, 2013

Mutual fund industry playing defense on 401(k)s

WASHINGTON (Reuters) – The mutual fund industry is getting a little nervous about all the Washington talk about limiting tax loopholes and perceived shortcomings of the current retirement system.

Its leaders, such as Paul Schott Stevens, president of the Investment Company Institute (ICI) trade group, fear that tax breaks for 401(k) accounts could get nipped. And so, they are defending the popular support for and success of those workplace defined-contribution plans.

Feb 6, 2013

Stern Advice – Mutual fund industry playing defense on 401(k)s

WASHINGTON, Feb 6 (Reuters) – The mutual fund industry is
getting a little nervous about all the Washington talk about
limiting tax loopholes and perceived shortcomings of the current
retirement system.

Its leaders, such as Paul Schott Stevens, president of the
Investment Company Institute (ICI) trade group, fear that tax
breaks for 401(k) accounts could get nipped. And so, they are
defending the popular support for and success of those workplace
defined-contribution plans.

Feb 4, 2013

Stern Advice: Tax efficient investments to offset higher rates

WASHINGTON, Jan 23 (Reuters) – Experienced money managers
like to say you shouldn’t “let the tax tail wag the investment
dog,” meaning you shouldn’t let concerns about the tax effects
of an investment drive your buy and sell decisions.

That is probably good advice, but still — in this post
“fiscal cliff” era of higher income tax rates and new healthcare
reform-driven investment taxes, it makes sense to at least look
at the tax impact of your savings choices.

Jan 30, 2013

Stern Advice – The $19.4 trillion minute

WASHINGTON, Jan 30 (Reuters) – There comes a moment in a
retiring worker’s life when he has to decide what to do with the
money in his 401(k) plan.

He can leave it there. If he’s moving to another job, he can
transfer it to his new retirement plan. He can take out the cash
and spend it. Or he can transfer it directly into a personal
individual retirement account (IRA) at a financial institution
and continue to reap tax benefits for the money.

Jan 23, 2013

Tax efficient investments to offset higher rates

WASHINGTON (Reuters) – Experienced money managers like to say you shouldn’t “let the tax tail wag the investment dog,” meaning you shouldn’t let concerns about the tax effects of an investment drive your buy and sell decisions.

That is probably good advice, but still — in this post “fiscal cliff” era of higher income tax rates and new healthcare reform-driven investment taxes, it makes sense to at least look at the tax impact of your savings choices.

Jan 23, 2013

Stern Advice: Tax efficient investments to offset higher rates

WASHINGTON, Jan 23 (Reuters) – Experienced money managers
like to say you shouldn’t “let the tax tail wag the investment
dog,” meaning you shouldn’t let concerns about the tax effects
of an investment drive your buy and sell decisions.

That is probably good advice, but still — in this post
“fiscal cliff” era of higher income tax rates and new healthcare
reform-driven investment taxes, it makes sense to at least look
at the tax impact of your savings choices.

Jan 16, 2013

Countdown to healthcare reform

WASHINGTON (Reuters) – If you like your 401(k) retirement savings account, you’re going to love what healthcare reform does to your employer-provided health care plan.

In a post-Obamacare future, expect more employers to adopt defined contribution healthcare plans. Instead of providing coverage, they will throw a set amount of cash at workers and have them buy their own coverage on private employer-sponsored exchanges.

Jan 16, 2013

Stern Advice – Countdown to healthcare reform

WASHINGTON, Jan 16 (Reuters) – If you like your 401(k)
retirement savings account, you’re going to love what healthcare
reform does to your employer-provided health care plan.

In a post-Obamacare future, expect more employers to adopt
defined contribution healthcare plans. Instead of providing
coverage, they will throw a set amount of cash at workers and
have them buy their own coverage on private employer-sponsored
exchanges.

Jan 9, 2013

Don’t count on that early tax refund this year

WASHINGTON (Reuters) – Tax filing season hasn’t even started yet, and we have already fallen behind. The Internal Revenue Service made good on its threat to delay some tax forms if Congress went over the so-called fiscal cliff.

The tax agency said that because of last-minute and retroactive tax law changes, it would not be able to process any returns filed before January 30. Furthermore, a slew of late-changing forms would delay many more returns (perhaps as many as 20 million of them) until the end of February or the beginning of March. That’s going to hurt those early filers.

    • 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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