Economic Security Planning, Inc. Today’s column addresses questions about receiving spousal benefits after receiving retirement benefits, whether it’s possible to reduce a benefit amount to remain under a limit and applying for disability benefits while working and receiving survivor’s benefits. Larry Kotlikoff is a Professor of Economics at Boston University and the founder and president
Month: September 2020
Jarred Kessler is the CEO of EasyKnock. getty If you own a company or work in the banking sector, you may be hearing the term “SPAC” 10 times a day now. It seems to be an increasingly common belief that SPACs are becoming the new go-to alternative to private equity fundraising. I traded SPACs in the
CNBC’s Jim Cramer recommended investors take advantage of Costco‘s post-earnings decline and snatch up shares of the wholesale retailer. The stock fell 1.27% during Friday’s session to close at $342.58 per share, even after Costco one day earlier beat Wall Street expectations on the top and bottom lines. Sales of $53.38 billion eclipsed analyst forecasts of $52.08
Tesla vehicles are displayed in a Manhattan dealership on September 08, 2020 in New York City. Spencer Platt | Getty Images Check out the companies making headlines in midday trading: Bristol-Myers Squibb — Shares of the pharmaceutical company rose 1.2% after it announced positive interim results from a phase three trial of an immunotherapy drug
Lawmakers in nine states are proposing higher taxes on the wealthy to help fill growing budget holes from the coronavirus pandemic, and the list is likely to grow, according to a legislative group. After New Jersey passed its “millionaire’s tax” — raising the income tax rate for those making $1 million or more — legislators
zimmytws | iStock | Getty Images The stimulus stalemate has pitted Democrats and Republicans against each other on Capitol Hill. But another issue — Social Security and its ability to pay retirement, disability, survivor and other benefits into the future — has also created a rift between leaders of the two parties. Congressional lawmakers gathered
getty Choosing to work with a financial planner is one of the bigger decisions many will face. The hard part starts when choosing what to look for in an advisor and firm. To start, there is not necessarily an agreed upon title when making your search. You could see titles such as financial advisor, financial
Topline House Democrats are likely to release a smaller coronavirus relief package sometime next week if they don’t agree to a deal with Republicans before then, according to multiple reports confirmed by House Speaker Nancy Pelosi on Thursday. House Democrats look set to introduce a smaller stimulus bill next week if an agreement can’t be
Aviva is the Managing Broker of Sonenreich & Co, a third-generation commercial real estate broker, owner and investor in Denver, Colorado. getty Working in the family business — industrial real estate — I can’t help but encounter an overwhelming number of family businesses on both sides of the table. As my family decided to pass the
CNBC’s Jim Cramer advised investors on Friday not to overreact to the stock market’s move to the downside in September. The “market looks bad. That’s OK,” Cramer said on “Squawk on the Street.” ”What’s happening, I think, again we’re churning to find a bottom.” Cramer’s comments came shortly after Friday’s mixed opening. As of Thursday’s close,
Take a look at some of the biggest movers in the premarket: Costco (COST) – Costco reported quarterly earnings of $3.04 per share, 20 cents a share above estimates. The warehouse retailer’s revenue also beat Wall Street forecasts. Comparable-store sales rose 11.4% compared to the 7.8% consensus estimate of analysts polled by Refinitiv. Costco also
So you’re thinking about doing a major home renovation. You’ve been stuck indoors since the pandemic — and you plan to be for a while longer. So why not put some money into making it look nicer? If you’ve never remodeled your home before, getting through the process can be a complete nightmare. I’ve been through
The U.S. Supreme Court. Phil Roeder | Moment | Getty Images The Supreme Court may soon erase the Affordable Care Act from existence — an outcome that could have far-reaching consequences for American health care. The high court is expected to hear oral arguments in a case seeking to overturn the law, also known as Obamacare,
getty If you’re like most employees, one of the most important decisions that will impact your financial future has already been made for you. In 2006, Congress passed the Pension Protection Act. Despite the law’s name, it represented a watershed event for retirement savers using a 401(k) plan. It allowed employers to change how employees
Committee for Greater LA report, “No Going Back,” calls for fighting inequality and racism as … [+] response to pandemic. Committee for Greater LA Six months into the Covid pandemic, many people are asking when we can “return to normal.” But a remarkable new report “No Going Back: Together for an Equitable and Inclusive Los Angeles” rejects that
Sir David Adjaye’s Lost House in King’s Cross, London, offers dramatic living spaces in a … [+] sought-after location The Modern House Sir David Adjaye’s seminal Lost House in London is up for sale for $8.2 million, offering a rare opportunity to buy a private residence by the acclaimed Ghanaian-British architect. The 2004 concrete house,
Supermodel, philanthropist and entrepreneur Natalia Vodianova told CNBC she feels her native country Russia has coped “incredibly well” with the Covid-19 crisis. The mother of five, whose close family and charity, the Naked Heart Foundation, is based in the country, said she feels it may currently be safer for them compared to her base in
People visit China Telecom’s booth during 2019 World 5G Convention at Beijing Etrong International Exhibition & Convention Center on November 21, 2019 in Beijing, China. VCG | Getty Images BEIJING — Global investors are stepping up their bets on Asia, particularly China, regardless of the coronavirus pandemic’s shock to growth or growing geopolitical tensions. Just this
After closing its borders six months ago, South Africa is scheduled to reopen to international travelers on Oct. 1. Kruger National Park and the country’s winery-laden Western Cape — which includes the capital city of Cape Town and its most famous natural wonder, Table Mountain — will likely dominate travelers’ itineraries. But there are other parts of
Tom Brenner | Reuters A legislative stalemate in Washington is preventing Congress from getting more financial relief to millions of Americans who are facing financial hardship. Despite that impasse, there are actually a handful of stimulus initiatives that leaders on both sides of the aisle agree on. They just have not been combined into one
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