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Cars.com News Briefs: Feb. 16, 2012
KickingTiresHere's what we have our eye on today: Despite losing money in confidence-starved Europe, GM posted global profits in 2011 of $9.2 billion, the highest in its 103-year history, Bloomberg News reports. European units, including GM's Opel division, lost...Tags: Bloomberg L.P., Automotive Equipment, Manufacturing and Engineering, Patents, Copyrights and Trademarks, Europe
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McCain unveils economic proposals
The Swampby Jill Zuckman Blue Bell, Pa. - Fighting to stay competitive with Barack Obama, John McCain unveiled Tuesday a $52.5 billion economic plan to eliminate taxes on unemployment benefits, cut the capital gains tax rate in half for the next......Tags: Credit and Debt, Retirement, New York, Ohio, Economy, Business and Finance
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The no-retirement economy takes hold
The Swampby William Neikirk They don't know each other, but Kay Flanery and Mary Ann Bell share something in common. They both saw their savings plunge during the stock market meltdown. Now, they both say they will have to work longer......Tags: Social Issues, Retirement, Medical Specialization, Stock Broking, Politics
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AIG gets $30 billion more in bailout funds
The Swampby Frank James Another day, another massive taxpayer-funded cash infusion into a financial giant. American International Group or AIG, the large insurance company deemed too big to fail because of its extensive linkages throughout the global financial...Tags: Federal Reserve, Retirement, United States, Quarterly or Semiannual Financial Statements, Insurance
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Obama: Retirement savings need work
The Swampby Mark Silva The recession has not only taken a toll on American jobs, President Barack Obama says today in his weekly radio and Internet address, but it also has obliterated $2 trillion in retirement savings. The president, touting signs......Tags: Credit and Debt, Retirement, Labor Legislation, National Government, Symbols and Symbolism
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Roth IRA rules based on income
Q: My company has a defined pension plan that it funds entirely. In addition, I contribute 16 percent of my salary to its matching 401(k) plan. Can I also contribute to a Roth account? If so, how much? — J. E., Davenport A: For individual Roth...
Tags: Interior Policy, Politics, Financial Planning, Pension and Welfare
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The matching 401(k) is making a comeback
After leaving employees to fend for themselves with retirement savings plans in the 2008 financial crisis, companies are now giving employees extra money to stash away for their futures in 401(k) plans. Companies have been restoring 401(k) matches...
Tags: Retirement, Financial Markets, Science and Technology, Employees, Employment Opportunities
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MarksJarvis: Financial literacy programs well worth the time
It's Money Smart Week, a collection of free financial literacy programs offered throughout the week, aimed at helping people deal with virtually every money issue imaginable: from how to get out of debt, to buying homes, paying for college, building a...Tags: Interior Policy, Federal Reserve Bank of Chicago, Retirement, Allianz AG Holding, Economy, Business and Finance
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Elderly couple's sons pressuring them to get a reverse mortgage
Dear Liz: I try to watch out for my neighbors, a married couple in their early 90s. Two of their three sons, who are both in their 60s, want them to get a reverse mortgage. The couple's house is paid off as well as their cars. They pay all their monthly...Tags: Retirement, Finance, Condos, Lawyers, Internal Revenue Service
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Use windfall to save for retirement before paring student debt
Dear Liz: What would you suggest that someone do with $20,000 if the someone is closer to 40 than 30, single, with $100,000 of student loan debt and a $250,000 mortgage? My salary is around $100,000 a year. I have an emergency fund equal to six months...Tags: Credit and Debt, Interior Policy, Politics, Consumers, Pension and Welfare
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MarksJarvis: Not all is lost if you save
More than a quarter of women earning $200,000 or more are afraid they are going to end up as bag ladies, and about half of women with paychecks around $100,000 fear the same fate. Among all Americans, a mere 13 percent are very confident they are...
Tags: Retirement, Allianz AG Holding, Social Security, Science and Technology, Employee Benefits
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Protecting an elderly mother's assets
Dear Liz: Could you advise us on how to protect our 93-year-old mother's assets if she should become ill or die? She does not have a living will or a trust regarding her two properties. Answer: "If" she should become ill or die? Your mother has been...Tags: Interior Policy, Politics, Finance, Lawyers, Justice System
Feb 16, 2012
|Blog| Cars.com
Oct 14, 2008
|Blog| Chicago Tribune
Nov 1, 2008
|Blog| Chicago Tribune
Mar 2, 2009
|Blog| Chicago Tribune
Sep 5, 2009
|Blog| Chicago Tribune
Apr 28, 2013
|Column| Orlando Sentinel
Aug 31, 2012
|Column| Chicago Tribune
Apr 21, 2013
|Column| Chicago Tribune
Apr 12, 2013
|Column| Los Angeles Times
Apr 5, 2013
|Column| Los Angeles Times
Apr 3, 2013
|Column| Chicago Tribune
Mar 29, 2013
|Column| Los Angeles Times
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