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The $1 million figure that is frequently cited as the silver bullet needed to enjoy a comfortable retirement is actually attainable, Consumer Reports found in a recent survey of 24,270 online subscribers age 55 and up.

The Internal Revenue Service issued new guidance allowing the continued use of flexible spending arrangement and health reimbursement arrangement debit cards for the purchase of prescribed over-the-counter medicines and drugs.

The Daily Diversion will be on a publishing hiatus for the remainder of the year. We'll be back up and running on Monday, Jan. 3, 2011.

Assets in U.S.-listed exchange-traded funds and exchange-traded products surpassed $1 trillion for the first time, reached $1.027 trillion on Dec. 16, reports BlackRock.

Americans are significantly more concerned about future expenses than paying off existing debt or paying their current bills, according to a poll conducted in October by InCharge Debt Solutions.

Employers are clearly more optimistic about the economy, for another 40% that had suspended 401(k) contributions will resume them by mid 2011, doubling the 40% that already have resumed suspended or reduced matches, reports the Profit Sharing/401(k) Council of America.

More Americans plan to consider financial resolutions when the clock strikes midnight on Dec. 31, a new Fidelity Investments survey finds.

The Internal Revenue Service recently released instructions to help employers implement the 2011 cut in payroll taxes that were included as part of the tax cut legislation passed by Congress, along with new income-tax withholding tables that employers will use during 2011.

The more education a person has is strongly correlated with how confident they are about their retirement and their ability to save and plan for it, according to the 11th Annual Transamerica Retirement Survey.

The National Business Group on Health has launched an ambitious, three-year initiative aimed at helping employers design benefit plans that reflect the latest scientific information and expert recommendations on cancer treatment and prevention.