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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Aug 31, 2003
Page
32
Public guidance from Quadrino Schwartz on safeguarding long term disability claims. Covers ERISA group policies, appeals, policy terms any versus own occupation, keeping copies, registered mail, avoiding early questions, doctor communications, functional capacity evaluations, and potential data requests. End with contact for Susan Bondy.
Money Fund Report data show the seven day average yield on money market funds easing to 0.50 percent from 0.54 percent while the 30 day average dipped to 0.52 percent from 0.53. Bankrate.com surveys also show lower yields across money market accounts and CDs with total retail fund assets at 2.180 trillion.
Bruce Myerson reports on how baby boomers facing empty nests reassess life, with examples from Jeannine Washburn in Plymouth and Karen Reichers in Eastham. The piece notes shifting spending power, potential splurges, and ongoing financial pressures as college costs fade and retirement looms. It highlights renewed activities, home improvements, and the risk of reverse moves if children return home.
Credit card firms push generous deals with zero interest periods and long terms while tightening rules. Experts warn rates can jump after a single misstep, late payments can trigger higher fees, and agreements vary by issuer. Consumers should read the fine print and maintain timely payments to avoid sudden rate hikes.
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