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Dear Mr. Berko:
Before the stock market plunged, our Individual Retirement Account (IRA) was worth $343,000, and now it’s valued at $301,000. We have 22 stocks – oil and gas pipelines, electric utilities, telephone stocks, …
A friend was trying to explain to my wife and me how doctors and other high-earning taxpayers can save $12,000 a year in an Individual Retirement Account (IRA) and never pay taxes …
I’ve read a few books on investing in the stock market, but they seem filled with useless information, boring example stories and futile formulas.
I have $166,000 in stocks — some good …
Principal Financial Group Inc. announced that its board of directors has approved an authorization for the repurchase of up to $200 million of the company’s outstanding common stock.
The new program is in addition to …
Principal Financial Group Inc. recently won two 2011 Signature Awards from the Profit Sharing/401k Council of America, which honor excellence in profit sharing and 401(k) plan communication and education. Principal also won three best-of-show awards …
The National Association of Insurance Commissioners (NAIC) said it has “serious concerns” that the proposed rules for creating state health insurance exchanges could lead to unfair market advantages for health insurance plans that operate in …
Second-quarter sales of indexed annuities reached $8.2 billion, a nearly 16 percent increase from the previous quarter but down more than 1 percent from the year-ago period, according to a report by Pleasant Hill-based AnnuitySpecs.com. …
Warren Buffett’s Berkshire Hathaway Inc. increased its stake in Wells Fargo & Co., building equity holdings amid a market decline that the billionaire investor said provided an opportunity for buying stocks “on sale,” Bloomberg reported. …
Fitch Ratings said today it affirmed the United States’ top-notch credit rating of AAA, giving the world’s largest economy a reprieve after it was downgraded by Standard & Poor’s little more than a week ago, …
West Des Moines-based Liberty Bank reported a $9.7 million loss for the quarter ended June 30 as it charged off nearly $16 million in troubled loans and restructured another $8.9 million.
The bank and its …
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