Personal Finance: Inherited IRAs can be seized in bankruptcy

Personal Finance: Inherited IRAs can be seized in bankruptcy

Since Congress amended the U.S. bankruptcy code in 2005, retirement assets like IRA accounts, pensions and 401(k) plans have generally been protected from creditors in the event of personal insolvency. However, a recent court ruling has drawn a clear …
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Personal Finance: Feeling powerful leads to savings

Powerful people have more patience when it comes to investing money for the future. The good news is you don't have to be powerful, you just have to feel that way. Jeffrey Pfeffer, author of “Power: Why Some People Have it and Others Don't,” says we …
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Personal finance tips: Keeping car loans in check, and more

A pay cut may hurt twice, says Christine DiGangi at Credit.com. While "income isn't reported to credit bureaus," the size of your paycheck "can still have an impact on your credit standing." For starters, your income will affect your ability to make …
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Personal Finance: Inherited IRAs can be seized in bankruptcy