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Personal Finance

A collection of news and information related to Personal Finance published by this site and its partners.

Top Personal Finance Articles

Displaying items 1-11
  • Virtus Reports Second-Quarter Growth In Earnings, Revenues; Sales Down

    Virtus Investment Partners Inc. on Monday reported growth in second-quarter earnings and revenues, though sales were lower than in 2013. Net income attributable to shareholders was $19.5 million, or $2.10 per diluted share, compared with $15.4 million,...
  • Getting Started: Young Americans average on personal finance knowledge

    When it comes to personal finance, a new survey shows high school students in the U.S. may not have the knowledge they need to manage money. The survey was part of the Programme for International Student Assessment, a test conducted every three years...
  • The Journey: Trust in the trust to keep your estate out of probate

    Q: I have a will designating my wife as beneficiary, or her two adult children should she predecease me. I want this protected from a challenge by my sister. How do I set my will up so she has no success with such an attempt? My sister and I have...
  • International stock funds should be 20-40 percent of portfolio

    Readers frequently ask whether they should invest in international stocks and, if so, what percentage of their portfolios to apportion to these issues. I am a firm believer in diversified portfolios, primarily via index funds, and an important component...
  • Fund managers unconvinced by Apple rebound

    NEW YORK/SAN FRANCISCO (Reuters) - Apple, once a can't-miss stock, is finding it tough to persuade portfolio managers to come back into the fold. The company's shares are up 17 percent for the year, nearly three times the performance of the benchmark...
  • Offering state-sponsored retirement accounts to private-sector workers

    California Senate President Pro Tem Kevin de Leon's "second mother," his Aunt Francisca, spent most of her 74-plus years cleaning houses for people who had pensions through their employers or were wealthy enough to set aside money in their own...
  • Why your 401(k) isn't likely to offer a 'longevity annuity'

    CHICAGO (Reuters) - Longevity risk - that is, the risk of outliving your retirement savings - is among retirees' biggest worries these days. The Obama administration is trying to nudge employers to add a special type of annuity to their investment menus...
  • Puerto Rico seeks dismissal of U.S. bond funds' lawsuit

    (Reuters) - The U.S. commonwealth of Puerto Rico asked a federal court to dismiss as premature a lawsuit filed by U.S. mutual funds that sought to strike down a recently enacted Puerto Rican law that the funds said posed a threat to American investors....
  • Reduce lifestyle before tapping home equity to refinance debt

    Dear Liz: My wife and I accrued $28,000 of credit card debt over the past eight years. In addition to a sizable student loan bill for law school, our home mortgage and the expenses associated with three young children, we are struggling to get ahead...
  • Pension payout could be taxable

    Q: My wife is 58 but is in poor health. If she retires and takes her pension in a lump sum, will it be taxable? — F.C., Kissimmee A: If she receives the distribution directly it will be taxable. If she has it rolled over to another retirement...
  • Five questions for financial gerontologist Cyndi Hutchins

     Five questions for financial gerontologist Cyndi Hutchins
    As baby boomers ebb out of the workforce and into retirement, financial advisers are helping wind down their clients' careers by preparing them for soon-to-be-reduced incomes. Meet Cyndi Hutchins, Bank of America Merrill Lynch's director of financial...