Today’s column addresses questions about whether it’s always possible to delay spousal benefits after taking retirement benefits, whether benefits can be suspended after they convert from SSDI to retirement at full retirement age and effects of lump sum non-covered pensions payments. Larry Kotlikoff is a Professor of Economics at Boston University and the founder and
Month: June 2021
In this article AMC MUDS Noam Galai | Getty Images Entertainment | Getty Images Mudrick Capital sold all of its stock in AMC Entertainment, according to a new report from Bloomberg News. On Tuesday, AMC had disclosed the $230.5 million investment in a securities filing posted before the opening bell. Shares of the company rose
In this article CLDR MRO UAL BA AAL UNH COWN A pump jack operates at a well site leased by Devon Energy Production Co. near Guthrie, Oklahoma. Nick Oxford | Reuters Check out the companies making headlines in midday trading. Devon Energy and Marathon Oil — Shares of Devon Energy and Marathon Oil jumped more
What will it take to convince people to get vaccinated against Covid? From free doughnuts to million-dollar payouts, public and private groups are trying it all. Back in March, Krispy Kreme was one of the first businesses to roll out a nationwide Covid vaccine incentive, offering a free glazed doughnut to any adult with a vaccination
This grand mansion built in 1885 has deep roots in Montecito. For three decades, it was the family home of the famed Moody Sisters, four women who left their mark on Santa Barbara housing by designing and developing what are known as Moody Sisters Cottages. Trailblazers at a time when few women had jobs outside
Tax collectors are coming after you as never before. This is bad news for a sustainable global economic recovery from the pandemic. U.S. Treasury Secretary Janet Yellen is proposing that countries around the world enact a global minimum corporate tax rate—and this idea is just for starters. Plans are being developed to have global tax
By Jim Campbell, Next Avenue Editor’s note: In his new book, “Madoff Talks,” investigative reporter Jim Campbell probes the $65 billion investment fraud perpetuated by the late Bernie Madoff, the largest Ponzi scheme in history. The book features Madoff’s handwritten letters and emails to Campbell, explaining how he pulled off the con, plus interviews with Madoff’s wife
In this article NIO XPEV A Xpeng P7 electric car is on display during the 18th Guangzhou International Automobile Exhibition at China Import and Export Fair Complex on November 20, 2020 in Guangzhou, Guangdong Province of China. VCG | Visual China Group | Getty Images GUANGZHOU, China — Chinese electric car company Nio saw deliveries
In this article ETH= BTC.BS=-USS TIGR FUTU In this photo illustration a Bitcoin logo seen displayed on a smartphone with stock market percentages in the background. Omar Marques | SOPA Images | LightRocket | Getty Images BEIJING — Two of China’s rivals to stock trading app Robinhood are looking to cryptocurrencies as a way to
Getty Images Covid-19 vaccinations are on the rise. Mask mandates are being stripped away. Businesses are reopening. What should you do to get on track with your money during the economic recovery? The U.S. economy is showing signs of life as the country reopens and returns to a new normal following the coronavirus pandemic. Weekly
Of all the homes in the D.C. area that claim a connection to the Kennedy family, very few have as much non-Kennedy pedigree in their background as this one. During the time Jackie Kennedy lived there with her children in the wake of her husband’s assassination it was owned by W. Averell Harriman—former governor of
Introduction President Biden released his administration’s proposed budget for fiscal year 2022. While spending focuses on infrastructure, clean energy, etc., it includes a host of proposed tax changes affecting individuals and corporations. Some of the significant tax changes that many taxpayers hoped wouldn’t happen, like Senator Van Hollen’s taxation on transfers and death, are included.
Lee Hsien Loong, Singapore’s prime minister. Roslan Rahman | AFP | Getty Images SINGAPORE — Singapore’s Prime Minister Lee Hsien Loong said Monday that the country’s Covid restrictions may be relaxed after June 13 if the situation improves. “Barring another super-spreader or big cluster, we should be on track to bring this outbreak under control,”
In this article .SPX .IXIC .DJI Traders on the floor of the New York Stock Exchange. Source: NYSE Stock futures are slightly lower in overnight trading after major indexes saw gains in May. Futures on the Dow Jones Industrial Average fell 32 points, or 0.09%. S&P 500 futures shed 0.11% and Nasdaq 100 futures ticked
No-Mad | iStock | Getty Images More than 11 million Americans are behind on their rent and many could be pushed from their homes when the national eviction ban expires in June. The Centers for Disease Control and Prevention’s eviction moratorium, which has been in effect since September, will lift on June 30. Although the
If the name Caroline D’Amore sounds familiar, it’s because you may have heard of her family’s pizza restaurant D’Amores, which has been a Los Angeles staple for years. She’s also acted in films, modeled, and even toured around the world with Paris Hilton as a DJ. But 2021 might just be her year. In addition to being the