College Planning
Help your clients take the worry out of saving for college with news and analysis on student debt, 529 plans and other tax-efficient savings vehicles as well as the colleges and college majors that deliver the most value.
Executives Worldwide See Spending Cuts as Top Fix for Government Debt
By Marlene Y. SatterA survey by RBC Capital Markets said that top business executives worldwide, concerned about the level of debt in their nations’ economies, saw spending cuts, not tax increases, as the chief remedy for governments.
January 27, 2011
S&P Cuts Japan’s Rating for First Time Since 2002; Euro RisesStandard & Poor’s cut Japan’s sovereign debt rating by one notch on Thursday, saying that the nation “lacks a coherent strategy” to cope with a debt level that it predicts will only peak in the mid-2020s.
January 26, 2011
Treasury’s Toxic Mortgage Program Making MoneyThe Legacy Securities Public-Private Investment Program undertaken by the government in an effort to stabilize the real estate market appears to be hitting pay dirt—for both investors and taxpayers.
January 23, 2011
Germany Continues to Balk at Increasing Europe Rescue FundGermany’s Foreign Minister Guido Westerwelle said Sunday that comments by Jose Manuel Barroso, president of the European Union’s commission, that the amount of the European rescue fund should be increased were “not helpful.”
January 21, 2011
NAPFA Launches Networking Group for Young Fee-Only PlannersNAPFA announced the launch of NAPFA Genesis, a networking group dedicated to the development of younger fee-only planners.
January 18, 2011
Consumer Credit Defaults Fall: S&P-Experian IndexConsumer defaults fell in December, with auto loans showing the largest decline, according to data released Tuesday by Standard & Poor’s and Experian.
January 17, 2011
Christie, Pawlenty Push for No Raise in Debt CeilingGov. Chris Christie, R-N.J., and former Gov. Tim Pawlenty, R-Minn., on Fox News Sunday, spoke in favor of a hard line on spending, to the extent that government shutdown should be part of the discussion.
January 13, 2011
ECB, England Leave Rates Unchanged Despite Inflation PickupThe European Central Bank left its main interest rate unchanged on Thursday then warned that inflation may remain above its target for months to come.