Wharton professor Olivia S. Mitchell sat down to discuss a new idea to help solve the Social Security deficit. In "Will They Take the Money and Work? An Empirical Analysis of People's Willingness to Delay Claiming Social Security Benefits for a Lump Sum," Mitchell and her colleagues argue that lump-sum payouts serve as an incentive to put off collecting Social Security.
A few thousand Vanguard investment customers thought they had made some extra bucks on Monday. But it turned out to be a software glitch: Vanguard account holders who were checking their balances on Apple iPhones, iPads, and Apple Watches - in short, anyone using an operating system on an Apple device - briefly experienced inflated values.
Wish 1: The person I want to make care decisions for me when I can't. This assigns a health-care agent (also called a proxy, a surrogate, a representative, or a health-care power of attorney). This person makes medical decisions on your behalf if you are unable to speak for yourself.
He came, touted his blog, and riffed on the intricacies of negative interest rates. The Wharton School on Wednesday evening hosted former Federal Reserve Chairman Ben Bernanke, who sat for an hour-long Q&A with finance professor Jeremy Siegel before a packed house at the Annenberg Center.
Those pesky cyber-criminals are targeting us where it hurts: on the job. Hackers now pose as our bosses or supervisors, law enforcement officials say - asking us to send emails with sensitive W-2 tax returns or payroll information and employee Social Security numbers.
Erin Arvedlund writes a weekly column for the Inquirer on investing and personal finance. Her first book was Too Good to Be True: The Rise and Fall of Bernie Madoff (Penguin).