Your March Madness Office Pools Should All Be Legal

The U.S. Government Doesn’t See It That Way, But Everyone Could Benefit from the $9 Billion Dollars Americans Wager on College Hoops

Roughly 40 million Americans are expected to fill out a total of 70 million brackets and bet $9 billion on March Madness this month, according to data from the American Gaming Association.

And all of them will be criminals in violation of up to three federal laws.

The most commonly violated law will be the Professional and Amateur Sports Protection Act (PASPA), which passed through Congress in 1992 at the behest of the four major pro sports leagues (NBA, MLB, NFL, and NHL) and the NCAA. It effectively prohibits sports gambling outside …

Personal Finance Columnist Liz Weston

On Learning the Piano, Eating Pepperoni Pizza, and Saving for Retirement

Liz Weston is a personal finance columnist whose “Money Talk” question-and-answer column appears in newspapers throughout the country and who writes a weekly column for Reuters. Before participating in a panel …

You Should Have Started Saving for Retirement Yesterday

A Lot of Obstacles Keep Us From Making Long-Term Investments. Luckily, There Are a Lot of Ways to Get Around Them.

Thinking about retirement is never easy. “We feel your pain,” financial writer Tom Petruno told an audience at MOCA Grand Avenue. “It’s very hard when you’re 25 to think about …