U.S. Retirement Funds Split on China

The U.S. pension system takes a new look at China. Due to tensions between the two global giants, many fund managers are reevaluating their strategies. The attitude of U.S. public pension funds to China is fragmenting, reflecting mounting investment risks and the more acrimonious politics of the world’s two largest economies.

Why You Could Need a Trust

Simple estate planning techniques include adding beneficiaries to retirement accounts and adding transfer on death (TOD) designations to after-tax accounts. When you use these simple techniques, assets will avoid probate and can be transferred directly to the named beneficiary when you die. When the beneficiary receives the proceeds, they are free to do whatever they want.

Wondering about that Lousy Interest Rate on Your Savings Account?

For over a decade, savers have been earning little or nothing on their deposits due to low-interest rates. Increasing interest rates should have changed that. So far this year, the Fed has lifted rates by 225 basis points, or 2.25 percentage points. Borrowers’ financing costs have risen as a result, but savers have yet to reap the same benefits.

I Bonds a High Percentage Rate and Little Risk

I Bonds are the perfect gift for grandparents who want to help their grandchildren further their education or retirees who want to earn a high-interest rate with little risk. Right now, you can’t go an hour without hearing about I Bonds from a financial advisor, and the word is spreading to the general public.

Are You Being Scammed?

It is no secret that scammers are clever and ruthless and will do anything to obtain your personal information. Identifying and recognizing that your data has been hacked at least once can help prevent you from becoming a victim of a scam. By repeating personal information they obtained, crooks establish authenticity and authority with their targets.