College textbook publishers apparently haven’t heard there’s a recession going on.
If there’s a silver lining to be had following the financial crisis that shook the global economy in 2008, it’s this: more employers are feeling increasingly responsible for the fate of their employees — and that’s translating to more comprehensive employee benefit plans, a new survey finds.
Justine Rivero considers herself a bonafide personal-finance expert. She’s an adviser at the credit-tracking website Credit Karma, doling out tips on how to control spending, avoid crippling debt and keep your credit record pristine.
The so-called “Great Recession” has taken a permanent bite out of everyone’s retirement and not just at a macro level. Today’s workers will lose an average of $2,300 a year each in retirement benefits because of the anemic wage growth which started in 2008, according to a new study written by Urban Institute analysts and released by Boston College’s Center for Retirement Research. Younger workers and wealthier workers will lose even more.
In today’s dismal job market, it’s no wonder college grads are focused on finding a job instead of socking away money for the future. Unfortunately, young people aren’t the only ones befuddled by their post-career plan: 55 percent of Americans say they don’t know how to achieve their retirement goals, an ING survey finds.
Whether it’s the NFL player who forgot to mail in his tax return or the person who exercised his stock options and triggered a huge tax bill, negotiator Jim Camp has seen a lot of people get into sticky situations with the Internal Revenue Service.