Articles from March, 2011

Raiding your kid’s college account

from CNN Money Top Tips
 
Q: My wife and I could use the funds in our 5-year-old son’s money-losing Ohio state 529 account to pay off my wife’s $25,000 Stafford loan. Any reason not to? — Joseph Kim, Sandusky, Ohio
 

Consumers hit again with travel-booking changes

from Moneywatch Personal Finance
 
One-stop shopping on Orbitz Worldwide get whacked again for consumers looking to book a specific airline, hotel and rental car from that single site.
 

Jennifer Openshaw: Don’t neglect retirement for kids’ college fund

from Moneywatch Personal Finance
 
In today’s world — with retirement savers still attempting to recoup their losses, longer lifespans and fewer jobs in our older years — maybe the right thing is to put your retirement savings first.
 

Robert Powell: Five retirement-plan tax mistakes to avoid

from Moneywatch Personal Finance
 
As the calendar turns to April, a nation of procrastinators will start working on their taxes. And when that happens, they’ll find more than a few retirement-plan mistakes that require correcting as well some last-minute, retirement-plan tactics they can use to lower their tax bill. [...]
 

30-year fixed-rate mortgage rises for second week

from Moneywatch Personal Finance
 
CHICAGO (MarketWatch) — Rates on the 30-year fixed-rate mortgage rose for the second week in a row, averaging 4.86% for the week ending March 31, up from 4.81% last week, according to Freddie Mac’s weekly survey of conforming mortgage rates, released on Thursday. Fifteen-year fixed-rate mortgages averaged 4. [...]
 

Regulator warns on fast unwind of Fannie portfolio

from Moneywatch Personal Finance
 
The top regulator for government-seized mortgage giants Fannie Mae and Freddie Mac on Thursday told lawmakers that legislation to reduce the firms roughly $1.4 trillion portfolios at an expedited rate could cost taxpayers.
 

Mortgages: 30-year fixed-rate mortgage rises for second week

from Moneywatch Personal Finance
 
Rates on the 30-year fixed-rate mortgage rose for the second week in a row, averaging 4.86% for the week ending March 31, up from 4.81% last week, according to Freddie Mac’s weekly survey of conforming mortgage rates, released on Thursday.
 

Your Money with Chuck Jaffe: Natural gas, agriculture stocks are looking up

from Moneywatch Personal Finance
 
Investors looking for “mispriced stocks” in businesses with the potential to grow in any market condition should be looking at natural gas, agricultural commodities and “cloud” computing stocks, says one mutual fund manager.
 

Personal Finance Daily: When doing taxes, don’t forget retirement account

from Moneywatch Personal Finance
 
Robert Powell writes about five important things to keep in mind as they relate to your taxes and your retirement savings, including funding your retirement accounts, the Savers Credit and estimated taxes. It’s a good checklist and includes links to relevant IRS instructions and publications. [...]
 

5 Times You Should Have Asked a Company for More

from MintLife Personal Finance News & Advice
 
Sometimes, customers let a company get away with murder — figuratively speaking. When something goes wrong, they take the first offer, whether it’s a voucher for a future hotel stay, a refurbished product, or an empty apology. You should almost never take the first offer. [...]