Notes for trust officers, private bankers and others concerned with estate and trust planning, from a Merrill Anderson Senior Editor and his retired mentor.
Wednesday, October 21, 2009
How Uncle Sam Rewards Savers
If artificially low interest rates encourage borrowing and spending, what do they discourage?
Saving.
The plight of retirees and other fixed-income investors receives surprisingly little coverage. This column from Allan Sloan is a happy exception.
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