Unless you raise chickens, the literal meaning of “Don’t put all your eggs in one basket” probably doesn’t apply. But we all know what the phrase implies: Don’t deposit all your money in one investment vehicle or you may risk losing it all. Think about employees who invested their entire 401(k) balances in company stock, then lost everything when the company folded (think Enron).
TRENTON – In an effort to reduce an impending automatic tax hike for New Jersey employers, Gov. Chris Christie proposed cutting the maximum weekly unemployment benefit payment by $50 and imposing a one-week waiting period before applicants could collect benefits.
NEWARK – An emerging scam where con artists target grandparents is being reported across the country and Acting Attorney General Paula T. Dow and Acting Consumer Affairs Director Sharon Joyce warned residents to be leery of callers claiming to be their grandchild and in need of money.
TRENTON – The New Jersey Senate approved a bipartisan package of legislation to reform the state’s public employee pension by a 36-0 vote with four abstentions today.
One major piece of legislation President Obama signed last year was the Credit Card Accountability, Responsibility and Disclosure (CARD) Act, which made fundamental changes to credit card agreements. Some provisions were adopted last summer, but the bulk of them took effect Feb. 22.
TRENTON – A bipartisan package of legislation to reform the state’s public employee pension and benefits system was unanimously released by the Senate State Government, Wagering, Tourism & Historic Preservation Committee on Thursday.
WASHINGTON, D.C.—The Federal Trade Commission announced a new crackdown on con artists who are preying on unemployed Americans with job-placement and work-at-home scams, promoting empty promises that they can help people get jobs in the federal government, as movie extras, or as mystery shoppers; or make money working from their homes stuffing envelopes or assembling ornaments.
NEWARK – NJ Transit Executive Director James Weinstein announced today that the statewide transit agency is aggressively confronting current and future budget shortfalls that have arisen due to the severe national recession and the state’s $2.2 billion current-year budget gap, and $11 billion FY11 budget gap.
April 15 is right around the corner. If a chill just went down your spine, chances are you haven’t yet organized your income tax paperwork, let alone filed your return.
MOUNTAINSIDE — Nine Internal Revenue Service offices will open their doors on Saturday, Feb. 20, IRS staff will provide assistance for taxpayers dealing with difficult economic times.