Under current law, a large share of tax benefits for retirement saving accrues to high-income employees. We simulate the short- and long-term effect of three policy options for flattening tax incentives and increasing retirement savings for low- and middle-income workers. Our results show that reducing 401(k) contribution limits increases taxes for high-income taxpayers; expanding the saver's credit raises saving incentives and lower taxes for low- and middle-income taxpayers; and replacing the exclusion for retirement saving contributions with a 25 percent refundable credit benefits primarily low- and middle-income taxpayers, and raises taxes and reduces retirement assets for high-income taxpayers.
Read More... [Source: Urban Institute: Retirement and Older Americans]

Even if you don't have long distance, you can be billed for toll calls: Plain Dealing

Here's a simple trick to help you identify which landline calls will cost you money.
Read More... [Source: Business]

Gold News A Chinese Gold Standard

Gold News: ; Gold News; A Chinese Gold Standard . By Star from Bloomery, West Virginia It is interesting to see China get involved in gold. It makes me wonder if 10 years from now gold will be the new oil. Everyone around the world will be fighting for gold. By that time, maybe China will have all the gold, ...
Read More... [Source: Gold Investing Strategies New Messages]

Hang Seng Surges 1.7%, Shanghai Up on Energy Stocks

Stocks in Hong Kong and Shanghai increased after investors shrugged off the latest bank reserve tightening. China energy stocks gained after crude oil prices increased. Kweichow Moutai Co, China’s largest liquor maker said 2010 net rose 17%.
Read More... [Source: 123Jump.com: China Market News]

Since George Steinbrenner died last week, the Boss has gotten a lot of press -- for returning the Yankees to their winning ways, for ushering in an era of big spending in sports and for amassing a reputation as one of baseball's most vilified owners. But there's another element of the Boss's life...


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Obama: 'We tortured some folks'

A CNN panel reacts to President Barack Obama admitting that the U.S. has implemented torture methods in the past.

Read More... [Source: CNN.com - Politics]

Guinea shuts borders with Sierra Leone, Liberia in bid to halt Ebola

CONAKRY (Reuters) - Guinea closed its borders with Sierra Leone and Liberia on Saturday in a bid to halt the spread of an Ebola epidemic that has killed nearly 1,000 people in the three countries this year.

Read More... [Source: Reuters: World News]