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Thursday, August 2, 2012

Personal Finance Daily: Don't miss these critical retirement deadlines

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MarketWatch
Personal Finance Daily
AUGUST 02, 2012

Thursday's Personal Finance Stories

By MarketWatch

Personal Finance Daily
powered by ad choices


Don't miss these top stories:

Got your calendar? Good. Here are some critical dates to make a note of if you have an IRA, a Roth IRA, a 401(k) and/or similar assets. It's not simple, but between September and the end of the year, there are several important deadlines regarding required minimum distributions, recharacterizations and other situations that you must not miss, or the consequences can be time-consuming and costly, writes Robert Powell.

Anne Stanley , Managing Editor, Personal Finance

Don't miss these critical retirement deadlines

Retirement accounts such as IRAs have critical deadlines coming up. Don't miss them, or the damage may be time-consuming and costly.
Don't miss these critical retirement deadlines


ECONOMY AND POLITICS

What we already know about July jobs situation

The market is hotly anticipating Friday's report from the Labor Department about the jobs situation, but there's already quite a bit of data available about last month's picture. See the charts.
What we already know about July jobs situation


Draghi: ECB ready, but governments must act

Markets expressed disappointment Thursday as European Central Bank President Mario Draghi says the institution will ready itself to take action to bring down borrowing costs, but distressed governments must first apply to the region's rescue funds for help.
Draghi: ECB ready, but governments must act


U.S. jobless claims rise 8,000 to 365,000

Applications for unemployment benefits rose slightly last week, the U.S. government reported Thursday, but the number of people seeking compensation appears to have settled in a range that suggests little change in the rate of U.S. job growth.
U.S. jobless claims rise 8,000 to 365,000


Mr. Global Economy's delusional mental state

Satyajit Das examines the psychological condition of Mr. Global Economy and finds him delusional, believing complete recovery is imminent.
Mr. Global Economy's delusional mental state


Factory flu is global contagion

The culprit for manufacturers is falling demand, writes Kathleen Madigan.
Factory flu is global contagion


INVESTING

July's mixed blessing for retailers

It's a month that's heavy on clearance, so while it's always great to sell stuff, it would have been better to sell it a couple of months ago—at full price.
July's mixed blessing for retailers


Knight's trouble began years ago

Even if Knight Capital recovers from these two significant trading debacles, how will it convince investors market-making of equities is a growth business in this environment, or that Knight is the firm that is poised to profit?
Knight's trouble began years ago


China's Nexen takeover has big U.S. hedge

The deal for China's Cnooc to buy Canada's Nexen will be approved and has a big hedge built in even if Canada fails to build a pipeline to the British Columbia coastline.
China's Nexen takeover has big U.S. hedge


Investors sour on videogames

Uneven financial results from videogame developers highlight the double whammy set of issues the industry is undergoing as it transitions to new digital and mobile platforms, while at the same time no new consoles are in sight.
Investors sour on videogames


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