Ron Lieber
Columnist, Your Money at The New York Times
Inactive here. NYT money scribe. Check out my new course about merit aid and how to lower college costs by getting more of it. Find me on Threads, Instagram.
Articles
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1 week ago |
seattletimes.com | Ron Lieber
Q: Last year, I lost my entire 401(k) — $114,000 — after Paychex mailed me physical rollover checks instead of doing a secure transfer. The checks were intercepted and fraudulently cashed. I’m now in federal court trying to hold Paychex accountable, but this experience has made it painfully clear how little protection exists for consumers in situations like mine. For some reason, this outdated and insecure method remains standard practice in the retirement industry.
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2 weeks ago |
myheraldreview.com | Ron Lieber
Q: Last year, I lost my entire 401(k) — $114,000 — after Paychex mailed me physical rollover checks instead of doing a secure transfer. The checks were intercepted and fraudulently cashed. I’m now in federal court trying to hold Paychex accountable, but this experience has made it painfully clear how little protection exists for consumers in situations like mine. For some reason, this outdated and insecure method remains standard practice in the retirement industry.
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2 weeks ago |
nytimes.com | Ron Lieber
How Did This Happen? A thief stole 401(k) checks out of the mail. But why was Paychex, a major industry player, using paper at all given how often check fraud happens? Q: Last year, I lost my entire 401(k) - $114,000 - after Paychex mailed me physical rollover checks instead of doing a secure transfer. The checks were intercepted and fraudulently cashed.
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3 weeks ago |
nytimes.com | Ron Lieber
Cuts at the E.P.A. jeopardize the program that certifies efficient home appliances. Manufacturers could run a similar one themselves, but they may not want to. There's a good chance you're part of the nearly 90 percent of American households that are aware of the Energy Star label that shows up on home appliances when you're shopping for a new dishwasher or refrigerator. It's a useful seal of approval, a signal of outsize efficiency and the lower utility bills that you'll pay over time.
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3 weeks ago |
seattletimes.com | Ron Lieber
Last month, four Republicans from the House and Senate sent letters to the presidents of Ivy League schools demanding years of data about how they decide what to charge.
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Scary stuff, this. Unrelatedly, this is a periodic reminder that I'm almost entirely over on 🧵🧵🧵 now. Same handle. Miss you all! Come over and play, higher ed and money twiXXer.
This administration is both importing voters and creating a national security threat from unvetted illegal immigrants. It is highly probable that the groundwork is being laid for something far worse than 9/11. Just a matter of time. https://t.co/kuilPxAvv3
RT @jlythcotthaims: Did you know that huge discounts are available at most colleges, even very selective ones, even for kids who don't qual…
This was a blast, and thanks to those of you who cheered when I asked for guaranteed upfront college pricing in year one. #NACAC23 #NACAC https://t.co/D5mCydqWCp
This session at #NACAC2023 with @WhitneyGouche @DeanSoule_UPenn @jselingo and @ronlieber could have gone on two more hours. Loved the candor and even a cameo by @JonBoeckenstedt More like this next year @NACAC https://t.co/HkYRAsxgyk
