Month: July 2020

Economic Security Planning, Inc. Today’s column addresses questions about spousal benefits, returning to work after disability benefits, retirement benefits before survivor benefits and decreasing what counts as substantial covered earnings due to the coronavirus shutdowns. Larry Kotlikoff is a Professor of Economics at Boston University and the founder and president of Economic Security Planning, Inc,
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getty There’s something curious about mobile and online personal finance apps and websites, sometimes called fintech. They’re not used much by people over 50, especially low-to-moderate income older adults. What I’d tell my fellow 50-plusers: It’s not you, it’s them — the fintech designers and marketers. “Online banking has never been more important than it
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Cynthia Pineda lost her accounting job in early April. Without the $600 weekly unemployment boost, she’ll get just $275 each week in aid from Florida. Meanwhile, finding a new job has proven extremely challenging. Cindy Pineda was the breadwinner of her family before the coronavirus pandemic hit. But Pineda, 60, lost her accounting job in
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Envelope from the U.S. Internal Revenue Service with “Important Message” notice and Urgent in red. … [+] Clipping path included. getty Last month (June 24, 2020), I wrote about the IRS plan to send out millions of misdated notices that would indicate to taxpayers that they needed to do something before a date that had
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Tesla just reported its second-quarter results. Shares rose more than 4% after hours as the company beat expectations and reported its fourth straight quarter of profits.  Here’s how Elon Musk’s electric car and renewable energy business did versus analysts’ expectations, according to estimates compiled by Refinitiv. Earnings: $2.18 (ex-items) vs. 3 cents per share, expected. Revenue: $6.04
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