Friday, April 28, 2017

Your Money Adviser: It’s a Good Time to Trade Your Student Debt for Home Debt

Fannie Mae, the government-controlled mortgage corporation, is taking three steps to help ease student loan borrowers into homeownership.

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Trump Tax Plan Would Shift Trillions From U.S. Coffers to the Richest

The vast majority of benefits would go to the highest earners and largest holders of wealth, analysts said, setting up a battle over the government’s strained resources.

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Retiring: Fighting Compulsive Gambling Among Women

They often begin later in life than men but can develop serious problems very rapidly.

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Your Money: As College Deadlines Near, Families Wonder What They Can Pay

College choices are due soon. How do you get the best financial aid package, and what are the trade-offs?

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State and Local Tax Deduction: An Item Blurring Party Lines

White House and congressional proposals would eliminate the provision, challenging tradition and bipartisan defenders in wealthy and populous states.

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A.M.T., With Few Defenders, Is Newly Targeted in Trump Tax Plan

The alternative minimum tax was enacted to make sure high-income earners didn’t avoid a fair share of tax, but many say its effectiveness has eroded.

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Wealth Matters: Bringing Family Wealth to Bear Against a Relentless Illness

Family offices, which manage money for rich clans, sometimes throw their considerable weight behind efforts to tackle an illness afflicting one or more relatives.

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Sketch Guy: Six Steps to Ditching Your Fear and Starting That Big Thing

Remind yourself of how electric your idea feels when you are most stoked. Find a quiet place. Write it down (again). Then, get started.

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Monday, April 17, 2017

Retiring: Declaring War on Financial Abuse of Older People

After Amy Lecoq’s grandmother had her life savings stolen by a woman who posed as a friend, she became an advocate for stricter protections for older Americans.

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Your Money Adviser: Medical Debt: You May Not Owe It

Researchers find that about 60 percent of complaints about medical debt collections fall into categories that suggest the consumers may not owe the money.

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Sketch Guy: Time to be Honest About the Fear That’s Getting in Your Way

What is stopping you from springing that big, life-changing project or side hustle on the world? Fear, not edits or fonts or lack of an agent.

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Friday, April 14, 2017

Wealth Matters: How Top Philanthropists Wield Power Through Their Donations

A new book by David Callahan, who tracks major charitable donations and their outcomes (good and bad), depicts the outsize power of the very rich.

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Your Money: A Baby or Your Money Back: All About Fertility Clinic Package Deals

In the high-stakes casino of fertility treatment, some pay large sums upfront for the promise of a baby — or a refund. Doctors tend to pick patients with the best odds of success.

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To Trim the Tuition Bill, Haggle (or Hire a Haggler)

Many colleges are willing to reduce tuition, even beyond what has been offered in financial aid. And some advisers will help with that.

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Monday, April 10, 2017

Sketch Guy: Regrets. You Have a Few. Don’t Beat Yourself Up Over Them.

A life without regrets is one where you probably haven’t learned anything from the struggle to decide between two things you care about deeply.

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Your Money Adviser: Flood Insurance: Pricier This Year, and May Go Higher

Premiums under the government’s flood insurance program just rose, but most people don’t know that homeowner’s insurance policies don’t cover floods.

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Your Money Adviser: Study Finds Car Insurers Raise Rates in Minority Neighborhoods

An analysis finds disparity in auto insurance prices in four states that differences in risks could not explain.

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Loans ‘Designed to Fail’: States Say Navient Preyed on Students

Lawsuits filed by Illinois and Washington against the Sallie Mae spinoff firm say high-risk loans were part of a growth strategy that has left former students buried in debt.

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Retiring: Hey Hey, My My: Aging Rock Fans Still Hold Their Lighters High

Rock ’n’ roll will never die, at least not as long as a generation that once said it mistrusted anyone over 30 keeps trekking to concerts.

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The Haggler: When ‘Free’ Really Means Irritation

T-Mobile promised that two new lines would come at no charge. But month after month, each one cost $20 with tax. Then the Haggler stepped in.

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Applied Science: Damaging Your Phone, Accidentally on Purpose

Consumers are more likely to be careless with products when they know an upgrade is available, research has found.

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He Saves Fashion Models From Financial Chaos

The mild-mannered accountant Michael Tumminia said his clients “make a great living, but the way the money comes in the door makes your life more challenging.”

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Friday, April 7, 2017

Your Money: Panicked Borrowers, and the Education Department’s Unsettling Silence

Teachers, doctors and others in the public service loan forgiveness program seek guidance on whether they are truly eligible to erase their student loan debt.

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My Perfect Imperfect Gap Year

Taking a break from college to surf, wash dishes and, most important, break away from Mom and Dad.

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Monday, April 3, 2017

Student Loan Forgiveness Program Approval Letters May Be Invalid, Education Dept. Says

Over 550,000 people have applied to have their student loans forgiven, and thousands of approval letters have been sent. But they might be wrong.

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