Jose Luis Pelaez Inc | DigitalVision | Getty Images Ever wonder how your nest egg fares in comparison to your neighbors’? From state to state, the median amount — half fall above, half below — that retirement savers have earmarked for their golden years ranges from about $83,500 in Mississippi to $177,500 in Washington, according
Month: April 2021
10’000 Hours Some states are requiring workers who received a federal tax break on unemployment benefits to file an amended tax return to get their refund. This largely applies to taxpayers who’d filed a federal and state tax return before the American Rescue Plan became law. That $1.9 trillion Covid relief measure waived federal tax
By Doug Sheppard, Tax Notes State commentary editor Being the first American rock band of perhaps thousands to cover a reggae song would have to be considered a major milestone — if not something to brag about. If one knew that they were breaking new ground, that is. Informed years later that Brownsville Station’s 1973
There is perhaps no business more grounded in community than real estate. As trusted advisors to people looking for a place they can call home, real estate agents and brokers have an influential role in promoting and developing communities in the markets they serve. It is for this reason that operating with integrity and mindfully
The U.S. reported 4.6 million vaccine doses administered on Saturday, a new single-day record, and another 3.6 million shots given on Sunday. That brings the daily average of doses administered over the past week to 3.1 million. At the same time, the country is reporting 70,000 new coronavirus cases per day, according to data from
A Darktrace cybersecurity software demonstration shows how a global problem can start with just one employee’s work station. Michael S. Williamson | The Washington Post | Getty Images LONDON — British cybersecurity start-up Darktrace said Monday that it plans to go public in London, defying fears that Deliveroo’s disappointing IPO could put other tech firms
In this article COIN Coinbase co-founder and CEO Brian Armstrong speaking at TechCrunch Disrupt SF 2018. Steve Jennings | Getty Images for TechCrunch The pending Coinbase direct listing, scheduled for April 14th on the Nasdaq under the symbol COIN, is exciting a broad base of the investment community outside the usual cryptocurrency crowd. “Coinbase is
Prior to passage of the SECURE Act, I posted suggestions for drawdown strategies for the wealthy. A lot has happened in the eighteen months since that post, and strategies for all prospective retirees have changed. The pandemic upended the economy, we have both a new President and a new Congress, and life expectancies have changed.
It’s not how much you make but how much you keep. This fact of life doesn’t go away once you leave the workforce. Making intelligent tax-planning decisions before and during retirement can have a significant impact on your net retirement income. In plain English, we are talking about reducing the taxes you have to pay
Commercial real estate (CRE) management can be a professional nightmare when you’re just starting, as it can encompass a wealth of issues difficult to address. From contract negotiations to building upkeep and maintenance, each facet can have a thousand smaller tasks that serve as prerequisites to achieving the larger goal. For new commercial real estate
Asia continues to be the most expensive place in the world to be rich, according to a new report, which saw the region’s resilience to the Covid-19 pandemic hold high prices steady. The world’s most populous continent remained the most costly for high-and ultra-high net worth individuals (HNWIs) in Bank Julius Baer’s Global Wealth and
In this article @ND.1 @SP.1 @DJ.1 A Wall Street street sign is displayed in front of the New York Stock Exchange (NYSE) in New York, U.S., on Thursday, Feb. 11, 2021. Bloomberg | Getty Images Futures contracts tied to the major U.S. stock indexes held steady during the overnight session Sunday evening, suggesting Wall Street
Are you comfortable signing your tax return under penalties of perjury? It’s almost April 15, but for most of us, Tax Day this year is May 17th. There’s a month left for you to stew about it, and the IRS and Department of Justice Tax Division want to make you think carefully. Willfully filing false
The latest pricy purchase in Florida, one of the state’s highest, goes to Oracle co-founder Larry Ellison. He purchased this Tuscan style mansion from Gabe Hoffman, founder of Accipiter Capital Management, for $80 million or just a shave over its asking price of $79.5 million, reports the Wall Street Journal. Hoffman bought the main parcel
An Israeli health worker of the Maccabi Healthcare Services prepares to administer a dose of the Pfizer-BioNtech vaccine on February 24, 2021 in Tel Aviv. Jack Guez | AFP | Getty Images The coronavirus variant first discovered in South Africa is able to evade some of the protection of the Pfizer–BioNTech vaccine, according to a
One of the year’s hottest trades may get a boost from earnings season. RBC Capital Markets’ Gerard Cassidy expects financials to exceed Wall Street expectations when they start reporting this week. “The big beats are likely to come from the loan loss reserve releasing numbers,” the firm’s head of U.S. bank equity strategy told CNBC’s
Jason York | Getty Images So you inherited a retirement account. Before you make any decisions on when and how to access the money, it’s worth familiarizing yourself with the rules that apply to different beneficiaries. The rules for these retirement plans can be complicated. Therefore, mistakes can be made, and depending on the specifics,
Today’s column addresses questions about ‘switching’ from a retirement benefit to a spousal benefit, filing retroactively and then immediately suspending and what benefits might be available on records of ex spouses. Larry Kotlikoff is a Professor of Economics at Boston University and the founder and president of Economic Security Planning, Inc, which markets Maximize My
This sculptural home in the Sydney suburb of Castle Cove evokes a winged creature nestled into the hillside above the bay. The distinctive shape comes from the structure’s cantilevered rooflines, which slope gently down from the edges, and its trapezoidal concrete walls. Merged with steel, glass and wood, the home feels firmly grounded in the
In this article MCD GIS KR LEVI TGT WMT BBY SHAK CMG URBN ANF Shoppers wearing protective masks exit from a Hennes & Mauritz (H&M) store in the Herald Square area of New York, U.S., on Thursday, Aug. 6, 2020. Nina Westervelt | Bloomberg | Getty Images As more people receive the Covid-19 vaccine, corporate
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