Does It Make Sense to Sell Your Life Insurance Policy?

More people are selling their life insurance policies for much-needed cash while they’re still alive. But are these “life settlements” a bad deal? Here’s why they can come with a high cost, both for investors and for sellers –…

America’s Low Interest Rates Have a High Hidden Price

Interest rates are the price of money, and though that price is near zero right now, the cost of low interest rates to our nation may be too high. Low rates are squeezing savers, seniors, banks and pension funds, and the benefi…

The Price of Aging: Will It Break National Budgets?

Thirty out of 49 major developed countries could see their credit ratings plummet to junk status if they don’t make changes soon, says a Standard & Poor’s study. The biggest problem is health care spending on the elderly, parti…

Social Security Administration Says No Cost of Living Adjustment in 2011

There will be no cost-of-living adjustment in Social Security payments for 2011, the second straight year without an increase.

The Social Security Administration said today that inflation is too low to justify a boost. The decision will affect more than 58 million retirees and disabled Americans.

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“We’re a little bit upset because our bills are going up and our Social Security…

Continue reading Social Security Administration Says No Cost of Living Adjustment in 2011

Social Security Administration Says No Cost of Living Adjustment in 2011 originally appeared on DailyFinance on Fri, 15 Oct 2010 08:58:00.

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