Time is a similar lament for Ms. Galbut Perelman. “You’re sacrificing time with your friends, time with your loved ones, time with your own health,” she said. “If I’m working at my business 16 hours a day, how do I have a sense of wellness and also take care of my employees? Business owners aren’t…
Jim DiUlio, chairman of the College Savings Plans Network, said he expected that younger adults — many of whom had part of their college tuition funded with a 529 plan set up by their parents — will in turn open 529 accounts for their own offspring. Starting this year, up to $10,000 a year from…
Klay Thompson, an All-Star basketball player, helped lead the Golden State Warriors to their fourth N.B.A. finals, which continue this weekend. Chris Levinson, an accomplished Hollywood writer whose credits include “Dawson’s Creek” and “Law & Order,” recently sold two television series, one to Bravo and the other to Hulu. Both of their careers are going…
You can see the gig economy everywhere but in the statistics. For years, economists, pundits and policymakers have grappled with the rise of Uber, the growth of temporary work and the fissuring of the relationship between companies and their workers. Optimists cheered the flexibility offered by the freelance life. Pessimists fretted about the disappearance of…
For aspiring homeowners, coming up with a healthy down payment has long been the biggest obstacle to owning a home. With property values soaring in many areas — median prices in San Jose, Calif., and Denver are 60 percent above their prerecession peaks — the barrier is rising. That has some firms promoting unconventional ways…
On the other hand, Social Security is itself an annuity — one based on outdated estimates of American longevity, Professor Shoven says, making it a better deal than can be found on the commercial market. In a separate paper, “Leaving Big Money on the Table: Arbitrage Opportunities in Delaying Social Security,” the same scholars point…
Anna Laitin, director of financial policy with Consumers Union, said the group generally recommended freezes rather than locks, since rules for freezes are established by law but those for locks, a service designed by the credit bureaus, may change. “Consumers will know what they’re getting with a freeze,” she said. John Ulzheimer, an author and…
BOSTON — Few star fund managers have shone brighter than Steven S. Wymer, who runs a portfolio of stocks at Fidelity Investments, the mutual-fund giant. His $42 billion fund, Fidelity Growth Company, has outpaced 97 percent of its rivals since 2008, making it one of the best performers in what is arguably the most competitive…
Like other men with a passion for watches, Cade Mlodinoff began his obsession by coveting one model. It was a Tag Heuer. It cost him $400 when he bought it at age 10.“At the time, it was every dime I had,” said Mr. Mlodinoff, 33. “My obsession kind of grew from that.”For decades, watches have…
Are you eligible for the federal public service loan forgiveness program? Worried that you may have ended up in a disqualifying loan repayment plan? The rules for a new fix-it fund are now clear, but you may have to wait awhile to find out if there will be any money left for you. Two months…