The 2010 fiscal year for most states began July 1. Facing severe budget shortfalls, some states have used the new year to introduce higher income tax rates. In Delaware, for example, the highest tax rate went from 5.95% to 6.95% on earnings over $60,000. In Hawaii, the maximum tax rate jumps from 8.25% to 11% [...]
You knew things were bad in the credit department, but now there are some new numbers to back it up: We’re collectively about 27% riskier credit bets than we were a decade ago, according to the TransUnion credit bureau. The firm’s national Credit Risk Index for the first quarter of this year clocked in at [...]
In its most recent survey of corporate pension accounting, Hewitt reports that the average assumed long-term rate of return at year-end 2008 is 7.98%. That’s the number that companies estimate they’ll earn annually on their pension investments; they use that guess to help decide how much they must invest today to pay future benefits. While [...]
It looks like the “staycation” will be here to stay, for better or for worse.
The term, which is defined as a vacation spent at home or nearby, made it into the 2009 edition of the Merriam-Webster’s Collegiate Dictionary last week. John Morse, president of the Springfield-based dictionary publisher, said the word has become too popular [...]
When you start searching for that perfect college for your child, you might think there’s plenty of information to help you with your decision. Just for starters, every college has a website that will give you all the essentials.
Take Stephens College, a private, four-year women’s school in Columbia, Missouri. A quick tour of its website [...]
