Like a nuclear explosion, employee benefits bellwether, IBM unleashed its most recent overhaul of its retirement plan in grand fashion the other day announcing a complete reshuffling of its 401-k plan to make a lump sum payment at year end instead of monthly matching contributions.  Pretty soon, it will be a gold watch and a [...]

“I counted on Social Security to buy clothing, food and trips. So now I’m on Social Security and mostly use it for tips.” The Old School of Social Security has turned 180 degrees since the days of the Brady Bunch and Partridge Family hasn’t it.   At today’s interest rates, do not take Social Security [...]

If post- Presidential election results combined with the “fiscal cliff”, “Taxmageddon” and “Congressional gridlock” is any precedent, investors may want to cash in the gains of the last 4 years and run for the hills. My own opinion is that the fiscal cliff will be another non-event much to the chagrin of doomsday advocates and [...]