Women and Pensions: What You Need to Know
Women face a greater risk of poverty in old age than men. One important reason is that women are less likely than men to receive adequate pensions. The more you understand
Saving & Investing Resources
Callable CDs: Read the Small Print
Certificates of deposit (CDs) are an attractive saving instrument for individuals seeking a low-risk investment that can be converted into cash fairly readily. CDs require an investment for a fixed period
Glossary of 401(k) and Pension Terms
Here is a brief explanation of commonly used pension and savings terms: Annuity: Regular payments of income (usually monthly) over a specified period of time (often for life). The purpose is
Spousal Protections in Pensions and Other Retirement Plans
Defined Benefit and Money Purchase Pension Plans: Defined benefit and money purchase plans must provide two types of protections for the spouses of plan participants who have earned a legal right
Dollar-Cost Averaging
Dollar-cost averaging is a big term for a fairly simple concept. If you buy a set dollar amount of stocks or stock mutual funds at regular intervals (e.g., every month or
Making Investment Choices – Risk and Return
Risk and return are part of the same equation when you are investing. RISK: When you invest in a stock, bond or mutual fund, you are taking a risk that those
Asset Allocation: Don’t Put All of Your Eggs in One Basket
There are three basic places where you can invest your money: Cash: includes certificates of deposit and money market funds; cash does not earn enough interest to keep its value due
Debt Collection: Know What Collectors Can and Can’t Do
Debt Collectors – Who They Are and What They Do: Debt collectors are people who collect debts owed to others. Lawyers and collection agencies are common examples of debt collectors. A
Debt Warning Signs
If any of the following describe you, you may have too much debt or be heading down a dangerous road to high debts: I’m not sure how much I owe. I
Debit Cards
What are Debit Cards? Debit cards look a lot like credit cards. You can use them to purchase items at most of the same places as credit cards, as well as