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Ranks of U.S. millionaires jumped last year

The number of U.S. households with a net worth of at least $1 million jumped 16 percent last year after dipping sharply during the financial crisis, an industry consulting group says.

United States - Net worth - Millionaire - Business - Financial Services
Originally posted from Ranks of U.S. millionaires jumped last year

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Young adults anxious about future, finances

Young adult Americans are financially anxious, worried that they cannot meet their educational, housing and health care needs, according to a new poll.

United States - Health care - Health - Politics - Health Care Reform
Originally posted from Young adults anxious about future, finances

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BofA to end all overdraft fees on debit cards

Bank of America customers will soon be unable to spend more than they have in the accounts linked to their debit cards.

Bank of America - Debit card - Overdraft - Business - Bank
Originally posted from BofA to end all overdraft fees on debit cards

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House OKs ’09 tax break for Chile gifts

The House has passed a bill that would allow taxpayers to write off charitable donations to Chile earthquake relief efforts when they file their 2009 taxes this spring.

Chile - Earthquake - Tax - South America - Donation
Originally posted from House OKs ’09 tax break for Chile gifts

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Credit card users not making big dent in debt

With unemployment high and personal wealth diminished, how was it that strapped consumers were paying down their credit card debt last year? It turns out they probably weren’t.

Credit card - Debt - Unemployment - Business - Personal Finance
Originally posted from Credit card users not making big dent in debt

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Comparing the top 3 tax-prep sites

Confused by taxes? Here is a breakdown of what the major tax-prep services — Intuit TurboTax, H&R Block at Home and Second Story Software’s TaxAct — offer for consumers.

TurboTax - Tax - Intuit - H&R Block - United States
Originally posted from Comparing the top 3 tax-prep sites

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Some credit card customers see new perks

While millions of American card users received notices of interest rate hikes and new fees in recent months, a select portion learned they’re getting new perks.

Credit card - Interest rate - United States - Business - Financial Services
Originally posted from Some credit card customers see new perks

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Live chat: Parsing the unemployment report

Answer Desk columnist John Schoen will host a live chat at 11 a.m. ET for one hour. He’ll answer readers’ questions about the February unemployment report.

United States - Work - Unemployment - Financial services - White House
Originally posted from Live chat: Parsing the unemployment report

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Originally posted from Sponsored By:

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Aging boomers face stark economics

The recession, though devastating, will pass.  But rising health care costs as baby boomers age may bring lasting harm to that generation’s financial well-being.

Baby Boom Generation - Health care - Baby Boomer - Economics - People
Originally posted from Aging boomers face stark economics

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