Money

Think Twice Before Tapping Retirement Plans

Before the housing crisis, it wasn’t uncommon for people to raid their home-equity piggybanks to pay off bills. Plummeting home values and tougher lending standards helped curb that practice, leading some people to engage in a far more disturbing habit: borrowing or withdrawing money from their retirement accounts to cope with financial hardship.

Attorney General Warns Taxpayers To Check Fine Print On “Instant Refund” Offers

NEWARK – A task force led by the Office of the Attorney General and State Division of Consumer Affairs, along with the Bergen, Camden, Gloucester, Mercer, Monmouth, Ocean and Somerset county offices of consumer affairs, last week inspected 574 tax preparation offices statewide in search of false and misleading advertising of so-called “instant,” “same day” and “24 hour” tax refunds.