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.
Nine Are Named to Crucial Deficit Panel
By Melanie WaddellSenate Majority Leader Harry Reid was the first of the four congressional leaders to make his three selections for the Joint Select Committee on Deficit Reduction, with Speaker John Boehner and Sen. Mitch McConnell following Wednesday, and Rep. Nancy Pelosi yet to make her picks.
August 04, 2011
U.S., Euro Stocks Crumble on Fears of New CrisisFears in Europe that contagion won't spare Italy and Spain were unassuaged by Europe's central bank on Thursday, sending stocks and bonds plunging. Meanwhile, investors' flight to safety had a perverse effect in the U.S., where the Bank of New York announced it would charge depositors to hold their money.
August 03, 2011
Debt ceiling deal leaves bad tasteIs there anybody out there who feels good about the debt ceiling deal?
August 03, 2011
Gold Continues Record RunGold set a record price for the second day in a row on Wednesday, as investors reacted to concerns over the euro zone debt crisis. Adding to the pressure on the precious metal's price was the news that several nations' central banks had also bought gold.
August 02, 2011
Rosenzweig honored with President's AwardMichael "Mickey" Rosenzweig, CLU, ChFC, recently received the President's Award, The American College Foundation's highest honor. Rosenzweig (center) was congratulated on the win by Albert J. "Bud" Schiff, CLU, CAP, NYLEX Benefits' CEO (left), and Larry Barton, Ph.D., CAP, president and CEO of The American College. For more information, click...
August 02, 2011
PIMCO’s Gross Slaps U.S. With Scarlet ‘A’ for Budget Abuse; Offers Steps to Remove ItCiting Davy Crockett, PIMCO founder Bill Gross mournfully notes, ‘The time for funnin is over,’ now that the latest debt ceiling and budget debate has been settled.
August 01, 2011
Debt Deal Vote Looms, Downgrade Worries PersistAs Congress takes up consideration of the debt ceiling bill, David Kelly of J.P. Morgan Funds warned that the measure could fail, leading to a TARP-like stock sell-off.
July 29, 2011
Debt Crisis Spooks Investors: SurveyInvestors are keeping an eye on the debt ceiling fight in Washington, and they don’t like what they see, according to a poll from UBS Wealth Management Americas, which also indicates that investor sentiment has reversed in recent days.