Money

Poll: 35% Expect To Spend Less For Holidays

UTICA, N.Y.–An early binge of holiday gift shopping may not continue, as 35 percent of U.S. adults expect to spend less this year than in other years according to IBOPE Zogby interactive poll. Meanwhile one-half say their spending will be about the same as other years and just 7 percent expect to spend more.

Deadline Approaches For Mandatory IRA Withdrawals

Reaching your 70th birthday is cause for celebration. But thanks to our quirky tax code, a potentially more important milestone arrives six months later. IRS rules say that you must begin taking required minimum distributions (RMDs) from your IRAs and other tax-deferred retirement accounts beginning in the year you reach age 70 ½.