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Friday, May 10, 2013

Reuters Money: Column: Knowing Social Security rules can help divorced spouses

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05/10/2013
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
Column: Knowing Social Security rules can help divorced spouses
CHICAGO (Reuters) - Robin Brewton, who advises clients on Social Security benefit strategies, has boosted retirees' financial security with a single question: Are you divorced?
Flight plan for angel investors looking for a network
NEW YORK (Reuters) - As a successful Wall Street investment banker, Kathryn Swintek is skilled in the art of doing deals.
Column: Going to alternatives for yield
CHICAGO (Reuters) - If you're willing to take on more risk, it's a good time to move beyond corporate and government bonds in the incredibly challenging search for yield.
Jobless claims hint at strengthening labor market
WASHINGTON (Reuters) - The number of Americans filing new claims for jobless aid fell last week to its lowest level in nearly 5-1/2 years, signaling labor market resilience in the face of fiscal austerity.
Analysis: To hedge inflation, property trusts are the new gold
HONG KONG (Reuters) - As central banks print cash to boost moribund economies, investors in Asia wanting to hedge against rising prices are dumping gold and doubling down on property.
SEC, FINRA warn retirees on pension buyouts
(Reuters) - The top securities regulators on Thursday warned individual investors about pension purchasing companies that persuade retirees and military veterans to sign over pension checks in return for lump-sum payments, as regulatory concerns about the practice mount.
Low-income U.S. students getting less college aid than better off ones: study
WASHINGTON (Reuters) - Low-income students are increasingly bypassed when colleges offer applicants financial aid, as schools compete for wealthier students who can afford rising tuition and fees, according to a public policy institute's analysis of U.S. Department of Education data.
Lawmakers go online for grassroots push on tax reform
WASHINGTON (Reuters) - The political goal is the same as it was in the mid-1980s: grassroots support for an overhaul of the U.S. tax code. But lawmakers' approach this time is thoroughly modern.
Illinois Senate passes union-backed pension reform bill
SPRINGFIELD, Illinois (Reuters) - The Illinois Senate on Thursday passed a labor union-backed bill to reduce the state's nearly $100 billion unfunded public pension liability, giving lawmakers dealing with America's worst-funded state retirement system a second option.
Greenlight Capital exits "profitable" MBIA short: letter
NEW YORK (Reuters) - Greenlight Capital's David Einhorn told his investors that the hedge fund closed its longstanding "short" position in bond insurer MBIA Inc. in the first quarter.
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