SUPREME COURT RULES WORKERS CAN SUE OVER HIGH 401(K) FEES

On Monday, The Supreme Court of the United States ruled that workers can sue their employers over high fees in their 401(k) plan offerings. Workers have complained for years about being forced to choose high fee investment options in their 401(k) plans because of a lack of other options. In a 9-0 decision, the justices decided that employers could be sued if their retirement plans offer employees mutual funds with unnecessarily high fees.

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Should I pay off my debt or start investing? This question, perhaps more than any other, has plagued investors for generations. Ironically, it is one that can be easily decided by using a bit of simple math.

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Want Your Kids to Succeed — Don’t Pay For Their Education!

Larger contributions from parents are linked to lower grades among students at a variety of four-year colleges.  A new national study has found that the more money parents pay for their kids’ college educations, the worse their kids tend to perform, at least when it comes to grades.

There’s a tendency among parents with the necessary means to feel they have to cover all of their children’s college expenses. While that impulse is incredibly generous, I’d argue that parents should have their children shoulder at least some of the financial burden. Children are more likely to value the educational opportunity they’ve been given if they have some skin in the game.

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