Tess Vigeland and Chris Farrell talk to listeners about how to invest an inheritance, how to get the most of a lost loved one's financial legacy and what happens if a bike rider is hit by an uninsured driver.
The California Public Employees' Retirement System, or CalPERS, is suing the country's three largest credit-rating agencies for "negligent misrepresentations." But the First Amendment is likely to come into play. Bob Moon reports.
Many seniors sell their homes to afford the high cost of moving to a full-service retirement community. Ashley Milne-Tyte reports that people are delaying this move because their houses aren't selling.
As 401ks continue to weaken in a rough economy, lawmakers are paying closer attention to what they can control: the buried fees. Over a lifetime, 401k fees can add up to a six-figures number. Dan Grech reports.
More employers are cutting back on retirement benefits to save money. Steve Henn reports it's unclear if those perks will ever come back once the economy improves.
A new report from Charles Schwab says matching contributions to retirement accounts are disappearing fast. Nearly a quarter of U.S. companies have eliminated them entirely. Jeremy Hobson reports.
Even though Target-date funds are considered a safer investment vehicle for retirement, these nest-eggs still lost much of their value when the economy tanked. Federal regulators are looking into why. Bob Moon reports.
Being in debt used to be a social stigma, but now it seems to be the American way. Tess Vigeland talks to Dave Ramsey, author of "Total Money Makeover," about how America became a nation of borrowers in love with credit.
