Getty This week the federal government announced new dollar limits for contributions towards retirement plans and certain deferred compensation plans for 2020 People over 50 can now elect to contribute $26,000 in their 401(k)-type plan. That is $26,000 of earned income. This boost is good news for whom, exactly? It is likely irrelevant for the
Month: November 2019
When James Poggi enlisted in the Marine Corps at age 19, he was looking for a worthwhile way to support his young family. While deployed to Afghanistan, he was injured helping land a helicopter and diagnosed with spinal cord compression, severe nerve damage and peripheral neuropathy. Post-traumatic stress (PTSD) and temporary memory loss also followed
Jamie Dimon, CEO of JP Morgan Chase, speaking at the 2019 WEF in Davos, Switzerland on Jan. 23rd, 2019. Adam Galica | CNBC The growing wealth gap separating the rich from the rest of the U.S. is an issue that needs to be resolved, J.P. Morgan Chase CEO Jamie Dimon said in a “60 Minutes”
An electric scooter from Swedish tech start-up Voi Technology. Voi Technology Swedish electric scooter sharing start-up Voi Technology has raised $85 million from investors, a move the firm hopes will help it reach profitability in the next few years. The new round was led by Stockholm-based investment group Vostok New Ventures, Voi said Monday. Existing
World Wrestling Entertainment Inc. Chairman Vince McMahon (L) and wrestler Triple H appear in the ring during the WWE Monday Night Raw show at the Thomas & Mack Center August 24, 2009 Ethan Miller | Getty Images Entertainment | Getty Images Here are the biggest calls on Wall Street on Friday: Nomura Instinet initiated Walmart
How does a longer life expectancy affect your IRA? Getty IRA Required Minimum Distribution (RMD) math is complex and serious. Owners of IRAs must take a distribution starting no later than the April 1 of the year following the year the owner becomes age 70 ½. This number will likely change with the new SECURE Act
The Landed team includes consultants, former educators, organizers, real estate agents and … [+] investors. Landed Over a short period of time, homeownership investment startup Landed Inc. has risen to prominence with its goal of helping educators afford homes in the communities where they work. Now the San Francisco-based startup that assists teachers with down
The 2020 Chevy Silverado 4×4 Custom Crew Cab Mack Hogan | CNBC For 2019, General Motors released all-new versions of its volume-selling pickup trucks: the Chevy Silverado 1500 and the GMC Sierra 1500. They’re good trucks, but they’ve been somewhat overshadowed by Fiat Chrysler’s stellar Ram pickup that was also new for 2019. Sales of
A Goldman Sachs sign is seen on at the company’s post on the floor of the New York Stock Exchange. Brendan McDermid | Reuters The New York Department of Financial Services is launching an investigation into Goldman Sachs’ credit card practices after a tech entrepreneur accused the bank’s Apple Credit Card algorithm of discriminating against
Firefighters battle a wind driven wildfire in the hills of Canyon Country north of Los Angeles, California, U.S. October 24, 2019. Gene Blevins | Reuters California’s biggest utilities aren’t the only U.S. companies grappling with the increased force and frequency of wildfires. The number of S&P 500 firms flagging “wildfire” as a potential risk factor
alphaspirit | Getty Images For 137 million Americans, they can be the scariest bills to open. That’s the number of adults who have faced medical financial hardship in the past year, research shows. In fact, medical debt is the top reason that people, regardless of age, would consider cashing in their 401(k)s or other retirement
Rob Ceravolo and his dog Tropic Ocean Airways As I prepared to leave the Navy after years of active duty as a fighter pilot, most of my friends were becoming airline pilots, but that life wasn’t for me. There was only one thing I wanted to do: start a business. Using the money I’d earned
Sarah McKinney Gibson, Encore.org and Next Avenue Contributor Co-mentors Ashley Moy and Tonise Paul Cast21 Ageism happens to young people, too. Just ask Ashley S. Moy, 25, founder and CEO of the Chicago medical startup, Cast21, which provides waterproof cast and brace alternatives for patients with broken bones. “I’ve had people say, ‘Oh my gosh,
Steve and Leann Ford Reid Rolls Leanne Ford’s book (co-written with her brother Steve Ford) might be called Work In Progress, but the interior designer and HGTV star is anything but. While the book documents their charming tales of growing up together in Pittsburgh, Pennsylvania, this memoir doesn’t shy away from revealing the missteps on the
Tesla Model 3 owners do not receive traditional car keys or fobs. Instead, the automaker provides them with a keycard and smartphone app to gain access and operate the car. Tesla YouTube DETROIT — Key fobs and emerging virtual, or digital, keys from the likes of Tesla and Lincoln are increasingly making traditional metal car
Traders work on the floor at the New York Stock Exchange. Brendan McDermid | Reuters Value stocks, those with stable fundamentals and subpar valuations, haven’t been this cheap since the financial crisis, according to Bank of America. Cheap equities enjoyed a resurgence in September from a decade of underperformance as investors bet on economically sensitive,
It’s not necessarily an easy transition from military life to a civilian one. You’ll have to find a job and a place to live, to start. “In a lot of ways, you are taken care of in the military. You get free medical and dental, and you just go to the local naval hospital for
journey concept showing a man with robot looking at a new colony in the alien planet, digital art … [+] style, illustration painting Getty I’m not quite sure how I stumbled on the book The Year 2000 for the first time. My memory says this was in the library – but at the same time,
Given that opportunity zone (OZ) development is my firm’s core business, I am constantly reading and educating myself about how this young industry continues to evolve. I subscribe to all of the available blogs that cover the space and try to absorb as much as I can every week in order to learn more about
The recent Tax Court decision Coal Property Holdings is a good illustration of Reilly’s Fourth Law of Tax Planning – Execution isn’t everything but it’s a lot. This is a conservation easement syndication deal and the facts indicate that it is on the questionable side. “In September 2013 Coal Property Holdings, LLC (Coal Holdings), acquired
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