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Thursday, March 14, 2013

Reuters Money: Getting a handle on those retirement health "billions"

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03/14/2013
Reuters Election 2012 Daily round-up of the day's top news from the campaign trail, the White House and all the politics in between
Getting a handle on those retirement health "billions"
CHICAGO (Reuters) - We've all heard the scary numbers. Experts say Americans need to set aside hundreds of thousands of dollars to pay for health care in retirement -- $200,000, $300,000 or more. Billions and billions, as the late astronomer Carl Sagan would have said.
How to win your office March Madness pool
NEW YORK (Reuters) - Need more people for your office March Madness pool? Call Brad Carlin, he is looking to enter one.
Jobless claims data brightens jobs picture
WASHINGTON (Reuters) - The number of Americans filing new claims for unemployment benefits dropped for a third straight week last week, the latest indication the labor market recovery was gaining traction.
UBS chief executive paid $9 million after revamp
ZURICH/LONDON (Reuters) - UBS drew fire on Thursday as it announced it paid CEO Sergio Ermotti almost $9 million in 2012 and welcomed a new investment bank chief with a $26 million package, just as the Swiss bank is in the process of firing 10,000 staff.
Did disaster strike in 2012? The IRS is here to help
ROCKAWAY BEACH, New York (Reuters) - It's March, and life has yet to return to normal for those of us whose lives were upended by Superstorm Sandy. We are still waiting on insurance settlements and overworked contractors, and trying not to hyperventilate as we see how much Sandy has cost in everything from drywall to new sofas to extra restaurant meals.
Identity theft and the IRS, or, Who got my refund?
WASHINGTON (Reuters) - Here is something the nation's criminals are quickly learning: There's no point in getting yourself all dirty with guns and drugs and the sex trade when you can just scam the Internal Revenue Service.
The 27-year-olds are taking us down (again): James Saft
(Reuters) - The 27-year-olds making the mistakes change but the flaws in the incentives and risk models at the heart of the global financial system remain basically unchanged.
Money market assets decline in latest week: iMoneyNet
NEW YORK (Reuters) - U.S. money market fund assets decreased by $9.09 billion to $2.624 trillion in the week ended March 12, the Money Fund Report said on Wednesday.
Software glitch to delay 600,000 U.S. tax refunds: IRS
WASHINGTON (Reuters) - Tax refunds for about 600,000 taxpayers claiming an education credit will be delayed, the Internal Revenue Service said on Wednesday, citing a software glitch at some tax-preparation companies, including industry leader H&R Block Inc.
Battling for retirement assets, discount brokers try "education"
NEW YORK (Reuters) - Worried about having enough to get you through retirement?
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