NewRetirement Retirement News Digest : Retirement Plans
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NewRetirement Retirement News Digest

Browse the news below to learn about important developments shaping retirement.

Retirement Plans (RSS)

State Employees' Credit Union Rolls out Consumer-Friendly Reverse Mortgage
MarketWatch - August 4, 2008   RALEIGH, N.C., Aug 04, 2008 (BUSINESS WIRE) -- State Employees' Credit Union (SECU) is pleased to announce a consumer-friendly reverse mortgage designed to help senior members utilize the wealth in their homes in Read More
Seniors Get a Gift from the New Housing Law
Kipinger - August 4, 2008 When trying to figure out who benefits from the new housing law, don't forget to count seniors who are in the market for a reverse mortgage. These mortgages let seniors convert some of their home equity into a stream of income, Read More
Reverse mortgages: Bad rap or bad idea?
San Francisco Gate - August 1, 2008 Not so long ago I was at my father's house, and I heard him on the phone, arranging a visit with someone. When he hung up, I inquired about who he was making plans with. "A very nice guy who called me," he told me. Read More
Family Cap, Age Affect Spouse's Retirement Benefit
The Wall Street Journal - August 2, 2008 I recently filed for full-retirement-age benefits from Social Security. My current wife and I discovered that my former wife also had filed based on my benefits. We were told by Social Security that she had done Read More
Inside Congress's housing repair kit
The Boston Globe - July 31, 2008 The sweeping housing legislation signed yesterday by President Bush provides a tax credit for first-time home buyers, higher mortgage allowances for expensive markets such as Boston, property tax breaks, and a variety Read More
Private Lenders Provide Option for Borrowers
The Wall Street Journal - July 31, 2008 As lending standards have become tougher, a rising number of people and businesses are turning to an unlikely source for money: private lenders. In recent years, the practice of borrowing money from private parties Read More
Social Security Benefits Don't End With Divorce
The Wall Street Journal - July 26, 2008 A divorced spouse can collect a Social Security retirement benefit based on the work record of an ex-husband (or ex-wife), and it won't affect the latter's retirement benefit -- or the benefit of that person's Read More
How to Financially Cope With Being Suddenly Single
US News & World Report - June 12, 2008 Widowhood poses special challenges in retirement. When Elaine Williams became a widow four years ago at age 47, she took on extra data-entry work to help make up for the loss of her husband's income. She also Read More
How Wall Street Wrecked Your Retirement
CBS NEWS - July 28, 2008 Our disfunctional financial system hit a new low last week when Citigroup, the hopeless wreck of Wall Street, announced it had lost $2.5 billion in the past three months -- a cheer went up, and so did the Dow. Only $2.5 billion; Read More
Seniors Considering Reverse Mortgages to Benefit Greatly from Housing Legislation
NRMLA -    July 28, 2008 Washington, D.C. – Landmark housing legislation (H.R. 3221) passed by Congress this weekend will make substantial improvements to the federally-insured reverse mortgage program and greatly benefit senior homeowners Read More
Housing Bill Has Something for Nearly Everyone
The New York Times - July 25, 2008 If you are ignoring the housing bailout bill because you think it benefits only troubled homeowners, you may miss out on a windfall. The bill, expected to be passed by the Senate in the next few days and then signed Read More
Gender Split on Retirement Worries
The Wall Street Journal - July 27, 2008 The complexity of preparing financially for retirement can make anyone nervous -- but a new survey finds women are more worried than men about the challenges ahead, particularly inflation, health-care costs and Read More
Social Security Unveils a New Online Calculator
US News & World Report - July 21, 2008 It's difficult to plan for retirement when you can't predict the precise amount of your Social Security checks. A new tool is available to more accurately estimate what your Social Security benefits will be. Read More
Next IndyMac Task for FDIC: Find Buyers
Financial-Planning.com - July 23, 2008 A week after opening IndyMac Federal Bank to worried customers and a media frenzy, John Bovenzi sat in his sixth-floor chief executive's office laying out what the battered mortgage lender can still offer potential Read More
Historic Financial Collapse Underway?
Seeking Alpha - July 20, 2008 I tend to be in hotel rooms when bubbles burst. On January 6, 2000, I was on the 30th-something floor of the Marriott hotel across the street from the convention center in San Francisco. I was jet lagged and up working Read More
 
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