Today’s column addresses questions about benefit rates after filing early, who can still file restricted applications for spousal benefits only and what happens when a disabled child turns 18. Larry Kotlikoff is a Professor of Economics at Boston University and the founder and president of Economic Security Planning, Inc, which markets Maximize My Social Security
Month: March 2021
Rising high on the Sydney skyline is a trophy home like no other. The mansion-sized penthouse, perched atop a triangular-shaped glittering bank tower, is one of the crowning jewels of the city’s residential high-rise market. It’s private, secure and unexpected. At some 600 feet up from the pavement, the Boyd Residence can be reached only
In this article BG .SPIPSA RDSA-GB LNG A dredger attempts to free stranded container ship Ever Given, one of the world’s largest container ships, after it ran aground, in Suez Canal, Egypt March 26, 2021. Suez Canal Authority | Reuters Companies are scrambling to reroute shipping vessels to avoid the logjam at the Suez Canal,
In this article AXP Pilot’s founders Jessica McKellar (CTO), Waseem Daher (CEO), Jeff Arnold (COO) Pilot Accounting start-up Pilot raised a new round of funding from Jeff Bezos and other Silicon Valley investors to help small businesses outsource back-office tasks. The San Francisco-based company closed a $100 million funding round this week, doubling its valuation
In this article PYPL EBAY Getty Images All that money you make selling stuff online? Don’t overlook the taxman. Depending on your situation, it’s possible that you’re generating income that the IRS wants to know about. And if you’re an ongoing seller, be aware that it could become harder after this year to avoid income-reporting
Many retirees and people who took Covid-related retirement plan distributions might need some extra time to work through their 2020 tax returns. Those who took distributions from traditional IRAs at any point during 2020 will receive a Form 1099-R reporting the distributions to them and the IRS. Putting these on your tax return to minimize
Anna Lowder and her husband Harvi Sahota are the Town Founders of Hampstead, and lead the town planning, design, construction, marketing, and placemaking of the community. With over 15 years of New Urbanist development experience, Hampstead is the culmination of their effort in “Building Community Through Design.”. Can you describe the project briefly? Hampstead is
Emergency Medical Technician Lenny Fernandez, Medical Assistant Rodnay Moore and Physician Assistant-Certified Calvin Davis, left to right, prepare doses of the Pfizer COVID vaccine as the city of Vernon Health Department staff used the city’s new mobile health unit clinic to administer COVID-19 vaccinations to nearly 250 essential food processing workers at Rose & Shore,
Anthony Noto, CEO of SoFi Adam Jeffery | CNBC Online finance start-up SoFi is lowering the barrier for amateur investors to buy shares of companies as they go public. These IPO shares have historically been set aside for Wall Street’s institutional investors, or high-net worth individuals. Retail traders don’t have a way to buy into
In this article BA NOC SPCE RTX GNPK SpaceX’s Crew Dragon Endeavour seen docked with the International Space Station on July 1, 2020. NASA The National Aeronautics and Space Administration last year marked two decades of astronauts continuously onboard the International Space Station. But, as the floating research laboratory ages, the space agency is turning
Me in my new living room. Source: Janna McPartland When I was 25, and knew nothing about pandemics, I made a list in a small notebook of the things I hoped to achieve in my life. One of those goals was, “To live in my own apartment by 37.” Some people may wonder: Why did
Senator Bernie Sanders released his proposed estate and gift tax reform legislation on Thursday, March 25, to the displeasure of a great many American families and their advisors. Senators Kirsten Gillibrand, Jack Reed and Chris Van Hollen reportedly co-sponsored this plan, and Representative Jimmy Gomez will reportedly introduce a version of the bill in the
“Nobody making under 400,000 bucks would have their taxes raised. Period. Bingo.” – Joe Biden, May 22, 2020 Enacting good tax policy is hard under the best of circumstances. President Biden made it immeasurably harder, if not impossible, by promising to spare everyone earning less than $400,000—more than 95 percent of Americans—from any tax increases. By
Luxury Portfolio International (LPI) takes a deep dive into the state of luxury real estate. New research from LPI shows that the ratio of affluent consumers looking to buy residential real estate over $1 million versus sellers is estimated to be 3:2, thus setting the stage for an inventory crunch within the high-end property segment.
Scotland’s full-back Stuart Hogg passes the ball during the Six Nations rugby union tournament match between France and Scotland on March 26 2021, at the Stade de France in Saint-Denis, outside Paris. (Photo by Anne-Christine POUJOULAT / AFP) (Photo by ANNE-CHRISTINE POUJOULAT/AFP via Getty Images) ANNE-CHRISTINE POUJOULAT | AFP | Getty Images Wales were crowned
In this article @CL.1 @LCO.1 A satellite image shows stranded container ship Ever Given after it ran aground in Suez Canal, Egypt March 25, 2021. CNES Airbus DS | Reuters The Ever Given, one of the world’s largest container ships, is still wedged in the Suez Canal, and the economic effects from the blockage —
Many Americans have relocated since the start of the pandemic, and many more say they’re considering a move as coronavirus restrictions force a lot of people to work remotely and spend more time than ever at home. While some renters are taking advantage of deals on homes and apartments in big cities, others are looking
In this article EHTH MGLN Terry Vine | DigitalVision | Getty Images Company: eHealth Inc. (EHTH) Business: eHealth is a health insurance marketplace with a technology and service platform that provides consumer engagement, education and health insurance enrollment solutions. Their mission is to connect every person with the highest quality, most affordable health insurance and
elenaleonova | E+ | Getty Images A quirk in eligibility rules for a new unemployment tax break may lead some married couples to wonder whether they should file separate returns, even if they typically file jointly. The short answer: Filing separately may make sense in some cases, especially when each spouse can get the maximum
United States v. Jane Boyd and Kimble v. United States, decided within two days of each other, delivered very different messages to taxpayers who have foreign financial account reporting obligations. Boyd, decided in the Ninth Circuit, holds that the IRS may impose only one non-willful penalty when a taxpayer files an untimely, but accurate, Report
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