A growing list of employers have reduced their matching contributions to workers' 401(k) accounts as they struggle to preserve cash in the recession. But here's how bad it's become: Even AARP has suspended its 401k match for the rest of 2009.
When you're laid off, the loss of health insurance can be almost as devastating as the loss of income. But what many don't know is that the federal government will pay most of the insurance tab for nine months.
It had all the elements of a paperback thriller: the innocent newlyweds, the mysterious account held by an obscure bank in Boca Raton, the faceless corporation controlling everything behind the scenes.
Don Wright, 65, didn't know he was enrolled in his bank's overdraft protection plan until he overdrew his checking account by 85 cents. The transaction triggered snowballing fees that ultimately added up to more than $120.
The president of Chicago's Ariel Investments has tirelessly campaigned for black households to pour their money into equities. Every year, she puts her star power behind a survey with brokerage Charles Schwab & Co. that keeps the issue alive.