Financial Planning

SIMPLE. The name says it all. It stands for Savings Incentive Match Plan for Employees, a contrived moniker, but you get the picture. This type of qualified retirement plan, created back in 1996, is designed to provide an easy and convenient retirement plan option for small business operations.

New research by Money Anxiety shows that analytical consumers earned an average of $139 a year in interest income on a $10,000 certificate of deposit compared to only $62 in annual interest income earned by consumers who made an impulsive decision to move their money to liquid bank accounts such as checking, savings and money market.

American men, particularly those aged 51 or older and with an income over $75,000, are more confident about retirement according to a recent survey conducted by financial services group OneAmerica. Contributing to their confidence is a realistic knowledge of how much retirement income they will need.

You've met Mr. or Mrs. Right and fallen in love, set the date and picked out the dress, but have you talked about your finances? Before taking the vow of “for richer or poorer,” it is important to discuss your current financial situations and determine how finances will be handled during marriage.

State regulators in Massachusetts and others around the country are taking a close look at virtual currencies as bitcoin continues to grow in popularity.

The nation's largest association of accounting professionals, the American Institute of Certified Public Accountants (AICPA), is commending Congress for recent efforts to strengthen the pending Federal Financial Statement Transparency Act.

Financial stress among employees increased significantly in 2013 as more people cited internal factors as the cause of their stress, according to a recent survey.

Which states have the best 401(k) plans? That question isn't usually tied to geography, but financial advisory firm Judy Diamond Associates has found some key differences and benefits based on location.