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Finance

Life annuities aren't entire solution for retirement income

By Scott Burns
May 01, 2016 1:00 am - Q: How about an annuity as an alternative to the other choices? An annuity means zero chance of running out of money. My wife, age 69, recently purchased an annuity that...
Wintrust approves 12 cent quarterly dividend

Globe Newswire
Apr 29, 2016 1:00 am - ROSEMONT - Wintrust Financial Corp.'s board of directors approved a quarterly cash dividend of 12 cents per share of outstanding common stock, payable on May 26 to share...
First Midwest Bancorp CFO to retire

Marketwired
Apr 29, 2016 1:00 am - ITASCA - First Midwest Bancorp Chief Financial Officer Paul F. Clemens announced he will be retiring in 2017. Clemens, who will turn 65 in mid-2017, announced his plans ...
BankFinancial 1Q net income decreases slightly

Globe Newswire
Apr 28, 2016 1:00 am - BURR RIDGE- BankFinancial Corp. reported a first quarter 2016 net income of $1.9 million, or 10 cents per common share. That compared to $2 million, or 10 cents per comm...
Ridgestone Bank reports record 1Q earnings

Apr 26, 2016 1:00 am - BROOKFIELD - Ridgestone Financial Services reported a record net income of $4.2 million for the first quarter of 2016. compared with earnings of $3.1 million for the sam...
Hedeker Wealth: Michael A. McClain

Apr 26, 2016 1:00 am - Hedeker Wealth in Lincolnshire has added Michael A. McClain, CFA, as the firm's new portfolio manager. McClain brings nearly 10 years of experience in global asset mana...
The 401(k) question: Keep it or roll it over?

Rodney Brooks Washington Post
Apr 24, 2016 6:41 am - Big decisions loom for baby boomers. One of the biggest is what to do with the money they've socked away in their company-sponsored 401(k) plans. Should you cut ties wit...
Women who don't negotiate could be making a smart choice

Rebecca Greenfield Bloomberg
Apr 24, 2016 6:41 am - Women get more advice on how to negotiate than we probably need. We're told to stop being such a woman and Lean In, but that being assertive will most definitely backfir...
That annoying wait for chip cards to clear is about to shrink

Jenny Surane Bloomberg
Apr 24, 2016 6:32 am - Ever since banks stuck chips on millions of U.S. credit and debit cards last year, shoppers have spent a little more time waiting at the register and a lot more time com...
Required minimum distributions aren't a bad thing

By Scott Burns
Apr 24, 2016 5:16 am - Q: This is about required minimum distributions. I find it very strange and upsetting. We are taught to save and invest for our future and own good, and then we are forc...

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