On November 7, 2019, the IRS released long-awaited Proposed Regulations to update to the life expectancy tables that both retirement account (i.e., IRA, 401(k), 403(b), TSP) owners and beneficiaries use to calculate Required Minimum Distributions (RMDs). The tables have not been updated since Final Regulations were released by the IRS back in April of 2002,
The Kellum-Noble House, a 1847 Houston property still sitting on its original site in what is now a … [+] city park, has seen its share of history. After a restoration project that started in 2014, it’s reopening. CALpix On the edge of downtown Houston’s modern business district, the city’s oldest building is reopening following
In cities around the world, on-demand rides are just a screen touch away. Whether it’s catching a Lyft in Los Angeles or Grab-ing it in Singapore, ridesharing apps have changed the car-hire landscape for good. The original transport disrupter, Uber, operates in 65 countries and more than 700 cities around the globe. But its reach
Steve Mollenkopf, chief executive officer of Qualcomm Inc., holds the new Snapdragon 835 chip during a keynote at the 2017 Consumer Electronics Show (CES) in Las Vegas, Nevada. Patrick T. Fallon | Bloomberg | Getty Images Qualcomm stock jumped 6% in extended trading on Wednesday, after the chipmaker reported better-than-expected earnings and revenue. Qualcomm reported
Andrew Harrer | Bloomberg | Getty Images Check out the companies making headlines after the bell: Zillow shares surged 14% during extended trading after the online real estate website posted a third-quarter revenue beat. Zillow reported revenue of $745 million, compared to the $718 million Wall Street expected, according to Refinitiv consensus estimates. That revenue
American companies are sitting on piles of cash, frustrating investors and leading some on Wall Street to wonder why they aren’t spending. Microsoft currently has the largest cash pile at $136.6 billion as of last quarter, according to estimates from FactSet. Berkshire Hathaway, Alphabet and Apple occupy the other top spots, with $128.2 billion, $121.2
For some savers, the lure of moving assets to a Roth individual retirement account from a traditional IRA or 401(k) plan often boils down to the tax-free income it will deliver in their golden years. Yet there are some less obvious reasons for certain retirees or retirement savers to consider doing a so-called Roth conversion.
An interview with billionaire and CEO of Berkshire Hathaway, Warren Buffett. In this interview, Warren discusses his current investments and when is a good time to invest. Warren also talks about the state of the markets, economy and politics. ?Books about Warren Buffett and his favourite books are located at the bottom of the description❗
By Elizabeth Alterman, Next Avenue Contributor Ruth and Al Brod and family in their dining room Ruth and Al Brod When Ruth Brod retired from her job as a probation officer in 2004, she and her retired husband, Al, decided to sell their 1,600-square-foot house in New Hyde Park, N.Y. and move into a 2,800-square-foot
Receiving a Pension Buyout Offer may feel like you’ve won the lottery. But make smart choices to … [+] help ensure you have a financially secure retirement. PA Images via Getty Images Pensions were once the cornerstone of a secure retirement. They provided a retirement income you could not outlive. Today, pension plans are being
Share to facebook Share to twitter Share to linkedin Uber’s ex-CEO is reunited with one of his biggest backers. Justin Sullivan/2018 Getty Images Topline: Billionaire Travis Kalanick’s secretive new food startup, CloudKitchens, quietly raised $400 million from Saudi Arabia’s sovereign-wealth fund—the Saudi’s first known deal in Silicon Valley since the murder of American journalist Jamal
A interview with billionaire debt investor and founder of Oaktree Capital Management, Howard Marks. In this interview, Howard discusses how to invest in a low return world and the relationship between risk and return. Howard also talks about when to invest aggressively and defensively. ? Books by Howard Marks and his favourite books are located
A man poses for a picture as he vapes at a vape shop. Daniel Becerril | Reuters A vaping-related lung disease has sickened at least 2,051 people and killed 39, the Centers for Disease Control and Prevention said Thursday. Health officials are calling the disease EVALI, short for e-cigarette, or vaping, product use associated lung
The GoDaddy banner hangs outside of the New York Stock Exchange as the website hosting service makes its initial public offering on April 1, 2015 in New York City. Getty Images GoDaddy on Wednesday announced its biggest-ever share buyback of $500 million and reported a 12% rise in quarterly revenue as the web hosting company
Traders work on the floor at the New York Stock Exchange. Brendan McDermid | Reuters Check out the companies making headlines in midday trading: Roku — Stock of the streaming device maker sank 10% in midday trading after it broke its streak of topping profit expectations. Roku reported a third-quarter loss of 22 cents per
An investor watches the electronic board at a stock exchange hall on Feb. 11, 2019 in China. Visual China Group | Getty Images One of the largest indexers in the world is set to announce a new round of increases in the weighting of mainland China stocks, and the addition is generating an unusual amount
Kenneth Fisher, founder of Fisher Investments. Jonathan Fickies | Bloomberg | Getty Images Individual investors at Fisher Investments transferred $20 million from the firm the week after the billionaire made lewd comments at a conference, according to a research note from Mercer, an advisor to institutional investors. The development was disclosed on a conference call
College graduates will soon be hit with their first student loan bill aywan88 | E+ | Getty Images We’re heading into the season for turkey dinners, Christmas trees, presents and, for recent college graduates, their first student loan bill. Students who were handed their diplomas in May or June will find the half-a-year grace period
An interview and Q&A with billionaire real estate and private equity investor, Sam Zell. In this interview Sam discusses his investment criteria and how he thinks about and manages risk in investments. Sam also gives career advice and discusses his belief that anything is possible. ? Sam Zell’s new book and books on Sam Zell
Trickle-down tax cuts do not build a strong middle class Getty Many families still struggle financially, even though the economy has been on the mend for more than a decade. It becomes increasingly clear that something must fundamentally change for a broad and secure middle class to reemerge. Real economic security for more families won’t