College Planning
Help your clients take the worry out of saving for college with news and analysis on student debt, 529 plans and other tax-efficient savings vehicles as well as the colleges and college majors that deliver the most value.
March 01, 2012
Top 10 Biggest College Savings PlansTotal 529 savings plan assets topped $144 billion at the end of 2011, a 7.3% increase from the third quarter, according to Financial Research Corp.
February 29, 2012
ECB Offers Cheap Loans AgainThe European Central Bank once again offered cheap three-year loans to banks in the euro region, which quickly soaked up 529.5 billion euros ($712.2 billion) in funding. Analysts had expected the amount to total 470 billion euros.
February 22, 2012
Greece to Force Cuts on BondholdersThe bill, called Collective Action Clauses, will impose the debt swap of existing bonds for new, lower-value debt with lower coupon rates on Greece's creditors.
February 21, 2012
On Call, Gundlach Voices Concerns on Consumer, Government DebtNoted manager worries about personal income and jobs when stimulus ends; points out disagreement among Fed governors on rate hikes.
February 17, 2012
LPL’s Kleintop Sees Eurozone Surviving Without Greece: Weekend InterviewJeffrey Kleintop, chief market strategist for LPL financial, says he believes that a Greek default and departure from the eurozone will not take a terrible toll on markets, because many institutions have had ample time to divest themselves of some of their Greek debt.
February 16, 2012
European Concerns Dominate Senate Banking HearingThe Senate Committee on Banking, Housing and Current Affairs heard testimony from three experts on the state of the financial situation in Europe on Thursday, and sought answers to additional questions as members explored how the U.S. might be exposed to the eurozone debt crisis.
February 10, 2012
Long-Lost Insurance Policy Returns to Bite CoupleIs there any harm in walking away from a policy without receiving confirmation that the policy was canceled by the carrier?
January 30, 2012
What We Worry About When We Worry About Greek DebtA second week of talks in Athens ended Friday with no deal between the country, the European Union and private holders of Greek bonds.
January 26, 2012
Schoon to Chair the American College Board of TrusteesNorthwestern Mutual exec will preside over board meetings at nations largest non-profit educational institution devoted to financial services.