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February 15, 2012 at 11:00 PM
Every day the editors and reporters of LifeHealthPro share stories from around the web that they’re reading. You can keep up with what we’re reading on our Editor Picks page or by subscribing to our daily newsletter, where our daily picks are also featured.
Below is a list of our favorite stories from the past week. We hope you enjoy them. If you have any stories you’d like to share, please list them in the comments section below, and we’ll share your picks with other readers through LifeHealthPro’s Twitter page.
Taxpayers Underreporting Retirement Income (Accounting Today)
The IRS largely agreed with recommendations for increasing taxpayer compliance made by the Treasury Inspector General for Tax Administration, but did question whether reporting on distribution and rollover contribution dates would be beneficial. Read more
Losing Altitude (The Economist)
If there was a positive spin on the final quarter of 2011, and the overall year, it was that things were worse three years ago. Read more
What Happens If Your Insurance Company Fails? (CBS MoneyWatch)
What happens when an insurance company fails? This is one question it’s important to know the answer to if you’re considering the purchase of an immediate annuity to generate retirement income. Read more
Gen X Women are Closing the Gender Investing Gap (Business Insider)
Gen X women have greater opportunity in the workplace than their mothers did — but the gender investing gap still exists. Read more
The 25 Documents You Need Before You Die (Wall Street Journal)
As multiple states continue to investigate whether some of the country’s largest insurers have failed to pay out unclaimed life insurance benefits to beneficiaries, the rationale for carefully planning your death dossier has become critically clear. Read more
U.S. Healthcare Stocks Face Obstacles after 2011 Run (Reuters)
After beating the market in 2011, healthcare stocks may struggle for a repeat performance this year as cash-strapped Americans keep putting off use of medical services and investors seek out faster growth stocks as the economy improves. Read more
Rules Requiring Contraceptive Coverage Have Been in Force for Years (NPR)
There’s been no let-up in the debate about the Obama administration’s rule requiring most employers to provide prescription birth control to their workers without additional cost. But here’s the rub: The only truly novel part of the plan is the “no cost” bit. Read more
