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Obama administration outlines plans for more Arctic oil drilling, but says new leases won't be granted until 2016 to allow more time for studies. More ...

An equity-indexed annuity is a combination of a fixed and a variable annuity.The marketing pitch usually goes something like this: Equity-indexed annuities give you the best of both worlds ...

Not until you reach retirement age. Typically that's 65, though many pension plans allow you to start collecting early retirement benefits as early as age 55. If you decide to start receiving ...

Start by looking at your income. There are income limits for Roth IRAs, so if your income is above those limits, then it's a no-brainer: a traditional IRA is the only one for you. Let's say you're ...

Medicare is funded by the Social Security Administration. Which means it's funded by taxpayers: We all pay 1.45% of our earnings into FICA - Federal Insurance Contributions Act - which go toward ...

Dinner at Meredith Ackley’s house is like stepping into a dream. The walls are painted pink and purple. There’s a heated patio and arching branches over the backyard. The sun beams through the ...

A pension is a retirement account that an employer maintains to give you a fixed payout when you retire. It's a kind of defined benefit plan. Your payout typically depends on how long you worked ...

States must meet the federal wage baseline of $7.25 for all covered workers. Click here for more coverage of minimum wage.

No. Some investment companies sell annuities without charging a sales commission or a surrender charge. These are called direct-sold annuities, because unlike an annuity sold by a traditional ...

For this calculator, we define middle class as two-thirds to two times median income for the county. In counties where two-thirds of median income would fall close to the poverty line, we set the ...