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Tax deductions are popular, but penalties may work better

When making tax policy, there’s a choice between carrots or sticks: Does the government give taxpayers credits or deductions for doing the right thing or penalize them for doing the wrong thing?

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Medicare Part B premium hike will be smaller than expected

Seniors caught a break Thursday when the Obama Administration announced that Medicare Part B premiums won't rise as much as expected in 2012.

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Jobless rate for older workers is lower, not better

The unemployment rate for workers over age 55 is much lower than for the workforce as a whole, but at the same time, workers over age 55 who do lose their jobs tend to be jobless far longer.

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Zap zombie funds within your portfolio

Index funds are liked because they generally can track nearly any kind of asset class. As such, they are the white bread of investing and should cost about the same from fund to fund. The cheaper the...

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Why the big banks aren’t sweating Bank Transfer Day

It's Bank Transfer Day on Saturday, and some unknown number of people are going to transfer their money from their too-big-to-fail bank to a friendly local community bank or credit union.

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One man’s retirement crusade to help Detroit and baby boomers

The 2011 Purpose Prize recognizes older career trailblazers who have demonstrated creative and effective work tackling social problems. Here's a look at how one winner is helping to spark Detroit's...

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How volatility hits pension plans

Nanea Kalani of Honolulu Civil Beat has obtained non-public performance numbers for the Hawaii Employees' Retirement System, and they're not pretty at all.

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Investors prepare for more volatility in 2012

Whether or not Europe resolves its banking crisis, the United States its deficit or China its cooling economy, U.S. investors should be prepared for more volatility in 2012.

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A New York agenda with Hootsuite’s night owl

Forget the stuffy midtown mentality of New York's business world. Hootsuite's Holmes prefers to do his work downtown while rubbing elbows with the hipster crowd.

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Washington, D.C. – from monuments to meetings

When in Washington, D.C., WeWork's McKelvey makes the most of a fortnight among the nation's forefathers.

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