Pension Red Alert: 70% Of Pensions Are Never Audited

Chances are that your pension or 401k plan has never been audited. No one's checking annually to see if the money's really there. Worried yet? It should freak you out, in my opinion. According to regulators, seventy percent of the nation's pensions have never been audited.Lest you think I'm an alarmist, the Inspector General of the U.S. Department of Labor earlier this year in his Semiannual Report...

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Rate on 30-year mortgage ticks up to 4 pct.

WASHINGTON (AP) — The average rate on the 30-year mortgage stayed hovered above the record low for a third straight week. But cheap mortgage rates have done little to boost home sales or refinancing.Freddie Mac said Thursday that the rate on the 30-year loan ticked up to 4 percent from 3.99 percent. Six weeks ago, it dropped to a record low of 3.94 percent, according to the National Bureau of Economic...

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Pitcher Adams agrees to two-year deal with Phillies

(Reuters) - The Philadelphia Phillies and relief pitcher Mike Adams have agreed to a two-year, $12 million contract, Major League Baseball's website said on Saturday.The deal is pending a physical.Adams, 34, posted a 5-3 record with a 3.27 earned run average in 61 appearances with the Texas Rangers last season.Regarded as one of the major league's top setup men, Adams underwent surgery in October...

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Hamilton to give Angels everything on and off field

(Reuters) - Josh Hamilton was introduced as a member of the Los Angeles Angels on Saturday and the slugger immediately promised to give everything he has to the team on and off the field.A five-time All-Star who overcame drug and alcohol addictions to become one of Major League Baseball's most feared hitters, Hamilton signed a five-year, $125 million deal with the Angels earlier in the week, leaving...

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Blue Jays acquire Cy Young winner Dickey from Mets

TORONTO (Reuters) - The Toronto Blue Jays bolstered an already formidable starting rotation by acquiring reigning National League Cy Young Award winner R.A. Dickey in a seven-player swap with the New York Mets, the team said on Monday.Dickey, a 38-year-old knuckleball pitcher who went 20-6 with a 2.73 earned-run average last season, is the centerpiece of a trade that also sends catcher Josh Thole...

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End-of-the-Year Checklist for Divorcing Women

Most women wait until after the holidays to move forward with their divorces --and that’s completely understandable. Many don’t want to disrupt family traditions for their children. Some welcome the distraction offered by the hustle and bustle of the season. And, of course, others want to avoid the discussions that inevitably seem to arise whenever and wherever relatives gather.Interestingly, though,...

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It's Not Too Late: Year-End Tax Moves

Once you’ve reached the last month of the tax year, your options are limited to minimize your income taxes. But there are a few things that could still be done, so don’t give up hope.For example, you could double up your real estate taxes by prepaying next year’s tax during December. Doing this with, for example, a $3,000 per year real estate tax bill could result in a reduction of tax for the year...

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New Website Takes Social Approach To Personal Finance

The Internet is a great source of information on personal finance, but often this information lacks the personal touch. The new website MyMoneyCircles.com aims to provide that personalized element by taking an interactive, social media-style approach.Though it focuses on the human element, MyMoneyCircles is anything but soft and fuzzy. The website refers to its approach as a "boot camp" for personal...

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Chavez's VP says ailing leader still 'delicate'

CARACAS, Venezuela (AP) — Venezuela's vice president is returning home Wednesday from a visit with Hugo Chavez in Cuba and says the ailing president's condition remains "delicate" three weeks after his cancer surgery.With rumors swirling that Chavez had taken a turn for the worse, Vice President Nicolas Maduro said Tuesday that he had met with the president twice and had spoken with him."He's totally...

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Venezuela opposition: Chavez secrecy feeds rumors

CARACAS, Venezuela (AP) — Venezuela's opposition demanded that the government reveal specifics of President Hugo Chavez's condition Wednesday, criticizing secrecy surrounding the ailing leader's health more than three weeks after his cancer surgery in Cuba.Opposition coalition leader Ramon Guillermo Aveledo said at a news conference that the information provided by government officials "continues...

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