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Paterno’s home sale legit estate-planning move: Lawyers
Joe Paterno, the under-fire Penn State Nittany Lion coaching legend, has been assailed by some for selling his home to his wife for $1? The claim? Paterno was attempting to shield his assets from potential lawsuits. Not so, say estate lawyers in Pennsylvania. | PSU ranked No.1 — on the list of most expensive state schools »
Cornhuskers latest to get FDIC-insured option for college savings
But low-return plan may not be the best bet when dealing with long time horizons; 'not very useful'
Test score ‘arms race’ leading some colleges to stand down
Increasing number of universities going 'test optional' rather than relying on SATs; high school grades a better predictor
State schools looking better and better to parents
Out-of-sight tuition has left parents with little choice but to seek new ways to help fund their childrens' college education. One idea that's growing in popularity: crossing private universities off the apply-to list.
College Board’s fees testing parents’ patience
Critics claim the College Board's charges for entrance and placement exams are getting out of hand. Says one former dean at the University of Chicago: 'The College Board is more interested in marketing and selling things than it is in its primary responsibility, promoting equity and educational opportunity.'
529 plans gaining traction, assets
A growing number of people who save for their children's college costs with Section 529 plans are steadily outpacing those parents who do not use these tax advantaged savings plans, according to a new survey by the College Savings Foundation.
A league of their own
Tuition for private colleges may be off the chart, but state schools are getting more expensive, too. Here's the ten priciest public colleges.
A league of their own: Priciest private colleges
The latest data on the most expensive private colleges in the U.S. offers up a a reminder of how dear higher education has become.
Skinning the cat: Lousy CD rates trigger big shift to shorter mortgages
Rather than get stuck with paltry returns on money-market funds, some investors are putting their cash to better use: they're shifting into 15-year mortgages, saving big bucks in the process.
Health savings account balances rise in June
Balances in HSAs — tax-advantaged medical savings accounts — grew to some $11.7 billion in total assets, reflecting a 31% increase over last year.
Some states rubber-stamping insurance rate hike requests, U.S. says
The U.S. will review health insurer requests to raise premiums for individuals and small businesses at least 10% in 10 states, ruling that local regulators aren't adequately policing rates.
AARP refutes reports that it has kowtowed to Social Security cuts
The AARP has refuted an article in today's Wall Street Journal saying the organization had a change of heart after internal debates and had decided that it would accept benefit cuts to the massive entitlement program.
Elder financial fraud claiming nearly $3B
Ah, retirement. Golf. Cruises. Leisurely walks. And getting financially abused by family members, strangers and businesses.
Retirement savings tax breaks targeted
Two leaders of a group of senators who are trying to convert last year's recommendations from the presidential…
Lawmakers look to tighten the 401(k) tap
Aim to get rid of debit cards for the retirement plan, reduce number of loans workers can take
‘Lost Decade’ for many U.S. cities looms as job growth stagnates
A quarter of America's metropolitan areas have jobless rates of 10% or more, above the national average, and many won't see jobs return to pre-recession levels for years.
John Hancock introduces retirement plan fiduciary program for advisers
John Hancock's new fiduciary program for high-end advisers beats coming regulation to the punch
GAO pans financial literacy programs
A federal certification would strain resources; some simple approaches help
Neuberger bulking up DC squad
Seeking to enlarge its footprint in the small- and midmarket-retirement-plan area, Neuberger Berman LLC has brought on a trio of wholesalers
Couples: Talk about retirement plans, finances
A Fidelity survey of married couples finds that they aren't on the same page when it comes to retirement planning, finances.