Is more tech in mutual funds a good thing?

By: Stan Choe

As technology takes over more of people’s daily lives, it’s also taking over ever-bigger chunks of their retirement accounts. Surging prices for technology stocks around the world mean the industry is making up a larger proportion of global markets. In the United States, Apple, Google’s parent company, and other tech companies account for nearly 24 percent of the Standard &... READ MORE

How retirement savers can reduce RMDs

By: Brian Vnak

Required minimum distributions (RMDs) are the congressionally-mandated, annual taxable withdrawals from retirement accounts required of savers after they reach the age of 70½. The rules surrounding how and when to take RMDs are complicated and arcane, and taking them creates a ripple effect throughout your financial plan that could set you up for some unpleasant surprises. Those who... READ MORE

Four steps to disaster-proof your finances

By: Liz Weston

Mother Nature could be excused if she wondered, “How much more prompting do you people need?” Last year delivered epic wildfires, devastating hurricanes, massive floods and some pretty horrific earthquakes. Yet many people still haven’t taken a few critical steps to protect their financial lives from such disasters. Consider setting aside a few hours to take care of these four... READ MORE

Banks inch up depositor interest rates

By: Ken Sweet

Slowly, but surely, being a saver is paying off again. For years after the recession, banks paid next to nothing on deposits — much to the detriment of savers everywhere. Now, banks have increased lending and need more deposits, so they’re willing to pay higher interest rates. The big publicly traded banks are paying roughly 0.40 percent on their deposits right now, which is up... READ MORE