Month: October 2020

Economic Security Planning, Inc. Today’s column addresses questions about how the earnings test is applied when a spouse has filed early, whether payments based on an ex’s non-covered pension will invoke the WEP, child benefits for children not in the record holder’s custody and exchange rates and foreign pensions. Larry Kotlikoff is a Professor of
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Busch Gardens With caps on attendance and new coronavirus safety guidelines, including mandatory mask wearing and social distancing, theme parks have had to reimagine their Halloween festivities this year. The fall holiday has morphed into the single most important event for theme parks, Dennis Speigel, president of International Theme Parks Services, said.  “A down Halloween
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Jen-Hsun Huang, president and chief executive officer of Nvidia Corp., speaks during the company’s event at Mobile World Congress Americas in Los Angeles on Oct. 21, 2019. Patrick T. Fallon | Bloomberg | Getty Images Check out the companies making headlines after the bell Thursday: GenMark Diagnostics — GenMark shares popped more than 4% after
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Lucid Motors is a California-based electric vehicle start-up, and in September it revealed the Air, its vision for an electric, luxury sedan. The company promises some impressive specs, such as an estimated 517 miles of range. But starting up an electric vehicle company is notoriously difficult, and it faces steep competition from Tesla and other
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An animation shows Dream Chaser and its Shooting Star cargo module in orbit around the Earth. Sierra Nevada Corporation Sierra Nevada Corporation is best known as a private aerospace and national security contractor – but the company is investing heavily in its space systems division, especially as it sees NASA and other companies building infrastructure
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President Franklin D. Roosevelt signs the Social Security Act into law on Aug. 14, 1935. FPG | Archive Photos | Getty Images Many people think of Social Security as the program their parents and grandparents rely on for financial support in retirement. For James Roosevelt, Jr., it has a special significance.  His grandfather created it.
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Small businesses line Bagley Avenue in the Mexicantown neighborhood of Southwest Detroit, Michigan. Bryan Mitchell | Bloomberg | Getty Images As gridlock over another round of stimulus for small business in Washington continues, 5 million Latinos are at risk of bankruptcy, a new study reveals on Monday. Pre-pandemic they were the fastest-growing cohort on Main
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J.P. Morgan Securities’ Colleen O’Callaghan is taking steps to protect portfolios from an economic setback. O’Callaghan warns the domino effect from coronavirus aid gridlock on Capitol Hill is the biggest risk facing Wall Street right now. As a result, she’s increasing cash exposure for her ultra-high net worth clients. “What we’ve been working to do
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getty Younger workers are concerned that social security will no longer be available for them when they retire. They fear that they have been paying into the system for years, but there will be nothing left when they retire.  Social Security Trustees released their annual report in April 2020, and stated there is a possibility that social
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US Speaker of the House, Nancy Pelosi, Democrat of California, leaves after her weekly press briefing on Capitol Hill in Washington, DC, on October 8, 2020. Andrew Caballero-Reynolds | AFP | Getty Images House Speaker Nancy Pelosi on Saturday dismissed the Trump administration’s latest coronavirus stimulus offer, continuing complicated negotiations between Democrats and Republicans that have stretched out
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