Boomer Mortgage Debt Could Dampen Economy
A growing number of homeowners are reaching retirement age still owing money on their houses, causing a squeeze on other spending.
Watchdog Suing for Easier Access to Nonprofits’ Tax Forms
A judge ruled against the IRS' motion to dismiss a lawsuit by an advocacy group aiming to make nonprofits' Form 990s more accessible.
Gen X Looking at Lean Retirement as Wealth Trails
Good timing is not the age group’s forte. Many took out mortgages just before prices plunged, making them the most disadvantaged by the housing crisis.
Finke: What Makes a Successful Retirement?
Financial advisors spend a lot of time helping clients become financially prepared for retirement. But retirement isn’t just about money.
Congressional Committee Addresses ‘Retirement Crisis’
The Special Committee on Aging met recently to hear testimony on the “State of the American Senior: The Changing Landscape for Baby Boomers.”
New Hire Roundup: Carasso Joins Senate Finance Committee Staff
Among this week's new hires, Adam Carasso joined the Senate Finance staff, and the IPA welcomed a new chairman and six new board members.
Half of Student Debt Holders Worry They Can’t Pay
While other types of debt have fallen since the recession, student loan debt has increased, and consumers are struggling to meet those obligations, according to a report published in June by the Urban Institute.
Overseas Tax Havens Under the Microscope as Governments Call for Tighter Regulations
Demands for tighter regulations and more transparency could change the way countries—and companies—do business.
Paul Ryan’s Budget: Something for Everyone (to Criticize)
"The president promises big government and Ryan promises smaller big government,” a Cato Institute analyst says, while others say cuts are still too big.
New Tax Law, Said to Squelch Giving, Could Actually Boost It
An analysis of the new law as part of the fiscal cliff deal finds that it “has negligible effects on the tax incentive for charitable giving.” In fact, it increases the incentive to give.