House Bill Would Let Students Pay Off Loans With 529 Plans
The legislation also would encourage companies to help employees save for college or for disability care via tax incentives.
CFPB Sues Navient, the Largest US Student Loan Servicer
The CFPB charges Navient with illegal practices that pushed borrowers deeper into debt or prevented their participation in income-driven repayment plans.
Republicans Will Find Corporate Tax Reform Isn't That Easy
Tax reform is a relatively easy concept. As the current House bill shows, the difficulty is in the details
Citi to Return $22.5M in Excess Fees
The reimbursement, ordered by the New York Attorney General, affects about 47,000 mutual fund clients.
The Best & Worst Performing Airlines in the World
FlightStats’ yearly list rating international airlines for on-time performance.
SIFMA Recommends Full-Market Close on MLK Day
The move would cover government securities, muni bonds and other products.
Rising Student Debt Among Seniors Threatens to Wreck Their Retirement
The CFPB reports that nearly 40% of borrowers 65 and older, a fast-growing segment of student-loan debtors, are in default.
Election Leaves Millennials Pessimistic About Financial Security
More than 70% of millennials said the economy this year would be worse off than in 2016, the survey found.
DOL’s Perez Makes Plea to Trump as NAFA Appeals Fiduciary Decision
In an exit memo, Perez said the next administration and Congress “must adequately fund DOL’s enforcement” of the fiduciary and overtime rules.
Investors Increasingly Willing to Pay for Financial Advice: Cerulli
Retainers and hourly fees were the least compelling fee structures, the study found.