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May 23rd
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Money

Sequestration Deals Unfortunate Blow to Servicemembers' Educational Benefits

Sequestration Deals Unfortunate Blow to Servicemembers' Educational Benefits
BY WENDY A. LANG
AND BRYAN ADAMS
COMMENTARY

One of the first hits to federal benefits under sequestration was the disturbing reality that Military Tuition Assistance (MTA) would be eliminated for active duty servicemembers in the Army, Marine Corps, Coast Guard and, presumably in the near future, Navy. It is vitally important that educational program funding be restored for our service men and women.

Curtailing this program for educating and facilitating access to degree attainment – particularly for historically underserved populations – seems antithetical to the acknowledgement that we need a highly educated military force. Moreover, it means limiting servicemembers access to credentials that are vital to economic prosperity in the 21st Century: credentials that are proven to increase lifelong earning potential.

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Six Rules to Help You Not Run out of Money

Six Rules to Help You Not Run out of Money
BY JOHN COUMARIANOS
NEWJERSEYNEWSROOM.COM
SPECIAL COMMENTARY

Here are six rules to boost your chances of not outliving your money when you retire.

First, consider spending no more than 3 percent of your a...

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Personal Finance Update: Consumers Add $36.2 Billion in Credit Card Debt During 2012

Personal Finance Update: Consumers Add $36.2 Billion in Credit Card Debt During 2012
BY LIANA ARNOLD
SPECIAL TO NEWJERSEYNEWSROOM.COM

Today CardHub.com released its year-end 2012 Credit Card Debt Study , which revealed that while consumers managed credit far more responsibly than in 2011, t...

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Top-Notch Load Fund Family to go No-Load

Top-Notch Load Fund Family to go No-Load
BY WARREN BOROSON
NEWSJERSEYNEWSROOM.COM
BOROSON ON MONEY

Sometimes mutual funds that were no-load—you could buy them directly, without paying someone a commission—become load funds, so as to increase th...

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Powerball Jackpot Now $216 Million

Powerball Jackpot Now $216 Million
BY BOB HOLT
NEWJERSEYNEWSROOM.COM

The Powerball lottery game has only seen one jackpot winner in 2013, and that was for a $217 million grand prize on February 6.

Ten consecutive drawings have p...

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New Jersey's Pension Fund Still Struggles with Another Shortfall

New Jersey's Pension Fund Still Struggles with Another Shortfall
BY JANE WOODRUFF
NEWJERSEYNEWSROOM.COM

New Jersey’s Pension fund – the fund that will supply pensions to its teachers, police officers and other public workers is still in bad shape, even as Governor Ch...

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Bank of America, Other Lenders Offer Possible Mortgage Help to N.J. Customers

Bank of America, Other Lenders Offer Possible Mortgage Help to N.J. Customers
BY JOE TYRRELL
NEWJERSEYNEWSROOM.COM

New Jerseyans worried about their mortgages have several current opportunities to get counseling, and perhaps reach accommodation with their lenders.

On its own, Bank...

Novel N.J. Advertising: Medford School District is First to Put Ads on Buses

Novel  N.J. Advertising: Medford School District is First to Put Ads on Buses
BY CINDY FERRAINO
NEWJERSEYNEWSROOM.COM

With St. Patty’s Day just around the corner, everyone likes to be decked out in green even if they’re not Irish.  The Medford School District is taking part ...

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Brick Wants Federal Government to Pick up Entire Tab for Raising Residents' Homes

Brick Wants Federal Government to Pick up Entire Tab for Raising Residents' Homes
BY MELANIE WALDMAN
NEWJERSEYNEWSROOM.COM

Brick Township officials are attempting to receive 100 percent funding from the federal government as homeowners try to comply with federal guidelines which...

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