How to find financial advice you can trust

By: Anya Kamenetz

The Department of Labor recently announced it will postpone putting the “fiduciary rule” into effect. And the Trump administration has signaled it wants to get rid of it altogether.The fiduciary rule stipulates that financial professionals who advise you on your retirement accounts must put your financial interests ahead of their own. Without the rule — and as things... READ MORE

They are hardly the retiring types

By: Carol Sorgen

“I don’t feel like someone who shouldn’t be working.” said Mike Gimbel, a 65-year-old resident of Timonium. “Retirement hasn’t even been a thought.” Gimbel is a substance abuse consultant. He says, “Work keeps me going, physically and emotionally. I like being active, as well as being a contributing member of society. There will always be people [for me] to... READ MORE

When an elder needs financial oversight

By: Liz Weston

Our financial decision-making abilities peak in our 50s and can decline pretty rapidly after age 70, researchers tell us. That’s how otherwise smart older people fall for sweepstakes frauds, Nigerian investment schemes and the grandparent scam — where con artists pretend to be grandchildren in a financial jam. But few people want to hear that they’re not as sharp as... READ MORE

How to fight medical insurance denials

By: Kimberly Lankford

When you or a family member experience a medical crisis, it can be hard enough to focus on getting the best care. The last thing you want to deal with is an overwhelming pile of medical bills.Health insurance claims specialists can help. They serve as experts, advocates and detectives — knowing how to deal with the mysterious and complex insurance system, translate the jargon and... READ MORE

A global mission to help others

By: Robert Friedman

Ellicott City resident Sean Callahan has spent half his life — 28 of his 56 years — working in countries throughout the world for Baltimore-based Catholic Relief Services (CRS). What accounts for his commitment to this organization? “Once you have had the opportunity to work with people — to offer them ways for respect and dignity in their lives — you feel something deep... READ MORE

What to expect from your bonds this year

By: Stan Choe

The safest part of your 401(k) isn’t as safe as it used to be. But there’s still nothing safer, fund managers say.Investors have long taken comfort in the steady returns their bond funds have provided, particularly when stocks go on another of their gut-wrenching drops.But the bond safety blanket is getting more threadbare, a result of simple math. Bonds don’t pay as much... READ MORE