Getty One of the biggest concerns Americans face nearing retirement: Will I run out of money? That’s why some people consider buying tax-deferred annuities — contracts where you plunk down a big chunk of money and an insurer guarantees to pay you back a set amount of money for life. But, as the new Friends
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Economic Security Planning, Inc. Today’s column addresses questions about when and if spousal benefits may become available, foreign pensions’ effects on benefits, when survivor benefits can become available, remarriage and Medicare benefits and survivor rates for disabled adult children. Larry Kotlikoff is a Professor of Economics at Boston University and the founder and president of
Recent overbuilding in senior living communities has led to questions about basic demographics. Population trends are important and easily quantified, but the health and lifestyle choices of senior citizens is harder to analyze. The easy part is the numbers. Everyone who will be 65 anytime soon has already been born. Foreign immigrants to the United
Starbucks Irish Cream Cold Brew holiday drink. Source: Starbucks Starbucks is launching its latest holiday drink on Friday: the Irish Cream Cold Brew. The cold brew, mixed with Irish cream syrup, comes topped with vanilla sweet cream cold foam and cocoa powder. Two years ago, Starbucks’ midseason addition to its holiday lineup was the Christmas
Buildings along Victoria Harbor at night in Hong Kong, on April 29, 2019. Justin Chin | Bloomberg | Getty Images Law Ka-chung stepped down as chief economist at the Hong Kong unit of a Chinese state-owned bank and has alleged he was forced to do so because he is a native of Hong Kong, the
ROKU CEO Anthony Wood Source: CNBC Here are the biggest calls on Wall Street on Monday: Morgan Stanley downgraded Roku to ‘underweight’ from ‘equal weight’ Morgan Stanley said in its downgraded that revenue and gross profit growth will slow meaningfully in 2020. “Roku continues to execute a sound strategy to capitalize on the shift to
Kerkez | Getty Images There are certain traditions you probably want to keep this holiday season. Ballooning credit-card debts shouldn’t be one of them. Yet a recent survey from CreditCards.com found that 45% of all card holders are willing to take on holiday-related credit-card debt this season. Meanwhile, some 41% of adults who have a
DERBYSHIRE, ENGLAND – NOVEMBER 25: Labour leader Jeremy Corbyn poses for a selfie with a WASPI … [+] (Women Against State Pension Inequality) campaigner in Renishaw on November 25, 2019 in Derbyshire, England. A day after Prime Minister Boris Johnson launched the Conservative manifesto, Jeremy Corbyn is expected to announce Labour’s housing policy. (Photo by
Share to facebook Share to twitter Share to linkedin The dispute over Hong Kong could derail trade talks. Johannes Eisele/AFP via Getty Images Topline: Days after President Trump signed into law a bill supporting pro-democracy protests in Hong Kong, China hit back with limits on the U.S. Navy and critical nonprofit organizations, with the escalating
Share to facebook Share to twitter Share to linkedin Located in Chicago’s Gold Coast, the new 61 Banks Street features a stone façade framed in dark … [+] metal. Steve Hall @ Hall+Merrick Photographers While ultra modern, glass-and-steel exteriors have reigned supreme over the last decade, masonry and dark trim exteriors are gaining in popularity
Pedestrians cross Russell Street in front of the Times Square shopping mall, operated by Wharf (Holdings) Ltd., in the Causeway Bay shopping district of Hong Kong, China. Xaume Olleros | Bloomberg | Getty Images Hong Kong’s tourist arrivals and retail sales figures are unlikely to be any better in November after their dismal showing in
Rob Bernshteyn, CEO, Coupa Software Scott Mlyn | CNBC Check out the companies making headlines after the bell Shares of Coupa Software slipped more than 2% during extended trading after the cloud services company reported third-quarter earnings. Coupa posted earnings of 20 cents per share on revenue of $101.8 million in the third quarter. The
Six of Silicon Valley’s biggest companies had a combined “tax gap” of more than $100 billion this decade, according to a new analysis. Fair Tax Mark, a British organization that certifies businesses for good tax conduct, assessed global tax payments from Facebook, Apple, Amazon, Netflix, Google and Microsoft between 2010 and 2019. The companies are
Mark II Unitorque electric pumping unit at a crude oil well site outside South Heart, North Dakota. Daniel Acker | Bloomberg | Getty Images Pretty much every trade has worked on Wall Street this year except one: natural gas. Futures prices fell to a one-month low on Friday after plunging more than 12% for the
Pictured: (l-r) Rainn Wilson as Dwight Schrute and Steve Carell as Michael Scott in an episode of “The Office.” Justin Lubin | NBCU Photo Bank If you’re like many workers, you’ll be shopping online while you’re working today. A recent survey from Robert Half Technology, a human resources consulting company, found that 52% of employees
US President Donald Trump shows a letter from Chinese President Xi Jinping as he announces an initial trade deal with China at the Oval Office of the White House in Washington, DC on October 11, 2019. Nicholas Kamm | AFP | Getty Images Resurgent optimism about the future of U.S. trade policy, along with a
Getty How much do you need to save in order to retire? This is a very common question, and the answer sometimes gives people sticker shock. Fortunately, simply working a bit longer or taking a closer look at spending can make a very big difference. One rule heard often, for example, is that by 67
LONDON, ENGLAND – SEPTEMBER 13: A plane comes into land at Heathrow Airport on September 13, 2019 in … [+] London, England. (Photo by Leon Neal/Getty Images) Getty Images Fasten your safety belts. Jeremy Cape of Squire Patton Boggs explains the U.K.’s Air Passenger Duty (APD) and one group’s proposal to impose a frequent flyer
Spearheading their lettings policy, Labour has vowed to “put bad landlords out of business”. 123RF.com/Alena Kravchenko As this unusual winter election gets underway (the last December election took place back in 1923), the policies of all the participating political parties are coming under the microscope, and both the main parties (Conservatives and Labour) have put
David Tepper David Orrell | CNBC Carolina Panthers owner and hedge fund manager David Tepper is pushing for a Major League Soccer expansion team in Charlotte and is prepared to pay up to seal the deal, according to a report from Charlotte Business Journal. Tepper requested $100 million in taxpayer money, which would come out