US Healthcare Reform Delay

07-17-2013Health Care
  • The US Treasury Department announced on Tuesday that it would delay certain provisions of 2010’s health-care reform legislation until 2015 for large employers that fail to provide certain health care coverage to employees.
  • In a Treasury blog post titled, “Continuing to Implement the ACA in a Careful, Thoughtful Manner,” Assistant Secretary for Tax Policy Mark Mazur wrote that the government “will provide an additional year before the ACA [Patient Protection and Affordable Care Act] mandatory employer and insurer reporting requirements begin.”

    What do I need to do to be wealthy?


    Yahoo! Finance Financially Fit section recently had an article talking about the habits of wealthy people based on financial planner Tom Corley’s book, Rich Habits: The Daily Success Habits of Wealthy Individuals.

    The tricks of the wealthy are:


    How do I manage my student loans and college debt?

    07-09-2013Children & Students

    According to the Federal Reserve, Consumer installment credit rose $19.6 billion in May 2013 to $2.8 trillion — the biggest increase in a year. Consumer debt increased for credit cards, college tuition loans and cars loans.


    What nest egg will I need to survive in retirement?


    Many of us struggle with how much cash in the bank we will need to be able to comfortably retire. Each person’s quality of life is defined so differently, that a simple mathematical equation often does not work perfectly. A recent study by Dimensional Fund Advisors provides a unique sliding scale approach that is worth evaluating.


    Student Loan Interest Rates Double Today

    07-01-2013Children & Students

    Starting Monday, July 1, 2013, approximately 7 million students who will accept subsidized government loans will see their interest rates double to 6.8%. The higher rates that go into effect on July 1 only apply to new loans. These loans are generally awarded to only about a third of undergraduate students in financial need.

    Undergraduates, who take out unsubsidized student loans from the government, have been paying the 6.8% rate since 2007.