Economic Security Planning, Inc. Today’s column addresses questions about maximum rates for retirement benefits, the WEP and substantial covered earnings after 62, restricted applications and the 1/2/1954 deadline, when spousal benefits can be available and how they’re calculated and protective filing dates. Larry Kotlikoff is a Professor of Economics at Boston University and the founder
Photo: Getty There’s a hidden secret in real estate: Single-family houses are evaluated based on market comparables (“comps”), while the real power of real estate lies in the profitability of commercial residential properties and knowing how to force equity. One of the largest purchases in most Americans’ lives is their residence. Be sure your largest
With multiple drugmakers in a push for a Covid-19 vaccine, countries are preparing for when it is finally available and putting deals in place with companies to prepare for the eventual distribution. AstraZeneca, which has a vaccine under development at Oxford and is expected to complete the experimental phase by the fall, agreed to deals with
Chewy CEO Sumit Singh (C) rings the opening bell to commence the day’s trading for the Chewy Inc. IPO at the New York Stock Exchange (NYSE), June 14, 2019. Andrew Kelly | Reuters Which stocks are primed to outperform during this notably volatile period? Here are a few of the names the best-performing Wall Street
When the coronavirus crisis hit New York, many of the city’s wealthiest families went elsewhere. Without knowing what the fall will look like, some are debating if they will return to New York at all, which could open up an unprecedented number of spots at even the most elite institutions, according to Emily Glickman, president
Lisa Hess and her daughter Lucy enjoy a cup of coffee in San Luis Obispo, California. Shannon McMillen Photography Lisa Hess, owner of Lucy’s Coffee, has started the long climb to restoring her business in a post-coronavirus world. But her well of emergency funding is about to run dry. The crisis came at quite possibly
©miket – stock.adobe.com As the “easy money” era runs its course, money management doesn’t have to be difficult. A look at what’s next. From low rates to where? There was a time when retirement planning was straightforward. It went something like this: invest some money in stocks for growth, and buy bonds with the rest.
Frontal image of Tyrannosaurus Rex walk . This is a 3d render illustration Getty Independent Baptist minister and Young Earth Creationist Kent Hovind (Doctor Dino) has been loudly and publicly promising to sue the United States for what he considers unjust imprisonment and theft of his property for many years. When he actually pulled the
Actress Michelle Williams purchased this Brooklyn home in 2015. Lisa Chamoff As the COVID-19 pandemic brought New York City to a near standstill three months ago, my world, like that of many of my neighbors in Brooklyn, shrank to the several walls of my apartment and about as many blocks. On the days when the
Al Harrington who played 16 seasons in the NBA talks about entrepreneurship and his company Viola that is involved in the cannabis industry during the Legends National Basketball Retired Players Association Conference at Caesars Palace on July 9, 2019 in Las Vegas, Nevada. John McCoy | Getty Images Former National Basketball Association forward Al Harrington
A sign is posted in front of a Hertz car sales and rental car office on August 8, 2017 in South San Francisco, California. Getty Images Check out the companies making the biggest moves in midday trading Friday: Adobe — Shares of the software company jumped more than 4% following second-quarter earnings results. Adobe reported a profit
CNBC’s Jim Cramer said Thursday that the stock market’s recent rip higher was not reflective of actual conditions in the U.S. during the coronavirus pandemic. “There’s just been a happiness trade that has been out of sync with everything, whether it be hot spots in Arizona, or whether it be unemployment, or whether it be
Students at the University of Washington in Seattle on campus for last day of in-person classes on March 6. Karen Ducey The coronavirus pandemic and resulting economic recession have many college students scrambling to reduce costs. Some may opt to go to a state college instead of a private one, or commute rather than live
Willie the Wildcat fires up the fans in the first quarter of a Big 12 football game between the West Virginia Mountaineers and Kansas State Wildcats on November 16, 2019 at Bill Snyder Family Stadium in Manhattan, KS. Scott Winter | Icon Sportswire | Getty Images For Russ Loub and the Little Apple Brewing Co.,
U. S. Department of Labor watchdogs just opened the door for private equity wolves to sell the … [+] highest cost, highest risk, most secretive investments ever devised by Wall Street to 401k plan sponsors. 401k investors will be devoured like lambs to the slaughter. Getty U. S. Department of Labor watchdogs just opened the
Woman dealing with taxes on her retirement savings. Getty Are you setting yourself up for a tax problem caused by your retirement savings? Too often, people hear the tax-deductible and tax-deferred side of the story and assume that means tax-free. Not so, unfortunately. Recently a new client shared that she had made a withdrawal after
Getty It began with a form letter that a large company sent to all its landlords. In that letter, the company said the coronavirus closures had decimated its revenues, so the company asked the landlord to defer all rent for April through July 2020, a total of four months, with repayment to start at some
COPS reality TV show has been cancelled. Courtesy Paramount Network When a writers’ strike paralyzed the television industry in the late 1980s, networks were forced to find new, alternative programs to fill its air. That’s how “Cops” found a home on Fox Television. The low budget program, which had no union writers, was a welcome
A trader at the New York Stock Exchange (NYSE) at Wall Street in New York City. JOHANNES EISELE | AFP via Getty Images The Federal Reserve’s economic outlook isn’t so much pessimistic as it is uncertain, with expectations running a wide gamut from a plodding recovery to a sharp rebound. If that sounds a lot
When Kevin O’Leary was fired from his first job at an ice cream shop as a teenager, he realized he wanted to be his boss. “I made up my mind that day…. And I’ve never worked for anybody ever since,” he previously told CNBC Make It. And on CNBC’s new webisode series “Got a Money Dispute? Ask Kevin,” O’Leary gave