Economic Security Planning, Inc. Today’s column addresses questions about whether stopping work years before filing will reduce retirement benefits, effects of an ex filing on a spouse’s record, disability benefits converting to retirement benefit and the Government Pension Offset. Larry Kotlikoff is a Professor of Economics at Boston University and the founder and president of
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Hand holds documents Captive insurance about insurance. getty The Supreme Court rarely hears tax cases which makes the recent oral arguments in CIC Services v IRS exciting. That is about all that makes them exciting to ordinary mortals as what was going on at the Supreme Court was an argument about whether they could have
The news that Hunter Biden says he’s under tax investigation tells us very little. We know there is a criminal investigation underway involving the President Elect’s son, but not much more. Hunter Biden said in a statement that he is under investigation by the U.S. Attorney’s Office in Delaware for his “tax affairs.” The whole matter
Nykvåg beach is a picturesque spot in the Vesterålen Islands. But Norway’s richest aren’t moving … [+] here for the views. getty Retired cross-country skier and cultural icon Bjørn Dæhlie is among a group of wealthy Norwegians who now call Bø i Vesterålen home. The sparsely-populated municipality on a windswept Arctic island is attracting many
Advisors help in filling 1040 form, teamwork in office getty As this unprecedented and strange year draws to a close, it is time for businesses and individuals to start planning to reduce next year’s tax obligations wherever possible. So far, we have survived COVID-19 and an adversarial presidential election process. We are approaching 2021 with
Reading a few books on the floor getty If you graduated from law school within the past five decades, you probably saw on the menu of courses offered during your second or third year a curious seminar with a title like “Law and Literature” or, most likely, exactly that. The version at my school —
Work-from-home is a crowd pleaser. That may sound like an obvious finding, but – given the dire circumstances under which the world entered the virtual workforce this year – it’s a significant one. A woman working from home as a preventive measures against the spread of covid 19 disease. (Photo by … [+] Robin Utrecht/SOPA
Donner Lake under the snow in winter, Truckee, Ca. getty With remote-work and distance learning becoming the norm across the country as the pandemic continues, it is not a shock to see people seeking refuge in resort communities like those in Truckee, Calif. Tahoe Mountain Realty, a luxury real estate brokerage located in Northstar and
How will you upgrade your home in 2021? getty The relationship we all have with our living spaces has changed significantly this year. Thinking ahead to 2021, it’s time to re-evaluate how we live in our homes. But if 2020 has taught us anything, it’s that the future is impossible to predict. However, the one
In this week’s review of luxury real estate markets around the world, I took a look at homes selling for about $6 million in prime Beverly Hills, Manhattan’s Upper East Side and the Swiss Alps village of Grimentz. Beverly Hills, California The European-inspired farmhouse, listed for $5.995 million, sits on about a third of an
KB Homes’ optional “Home Office Package,” available in homes throughout their footprint. Many … [+] builders are now offering such packages, and are finding strong demand. Photo Credit: Applied Photography The work-from-home trend is going to change the landscape. Literally. Homebuilders today are developing on land that would ordinarily be a “long commute,” and the
The Constitution says states can’t impair contracts. But it’s OK to impair some contracts if there’s … [+] a good reason. RANJAN SAMARAKONE “[N]o State shall … pass any … Law impairing the Obligations of Contracts.” That prohibition appears in Article 1, Section 10, of the United States Constitution. It sounds simple, straightforward, and absolute.
A corner residence at Chicago’s Renelle on the River presents stunning river views from its dramatic … [+] floor-to-ceiling windows filling two walls. Belgravia Group Back in the day, moving up to the corner office was a sure sign you’d made it. Offering greater room, abundant natural light from two walls of windows and dual
Aerial shot of downtown Los Angeles (DTLA) at sunset with rolling hills of residential neighborhoods … [+] in the foreground. getty With more than two decades of experience in global real estate and development, Jonathan Nash is intimately familiar with the wants and needs of today’s luxury homebuyer. Prior to relocating to the U.S., Nash
The Food and Drug Administration has approved Pfizer and BioNTech‘s coronavirus vaccine for emergency use, a monumental turning point in the once-in-a-century pandemic that has taken nearly 300,000 American lives in less than a year and wreaked havoc on the U.S. economy. FDA Chief Scientist Denise Hinton told Pfizer in a letter Friday that she
The Food and Drug Administration vaccine advisory panel signed off on Pfizer’s Covid vaccine with a 17 to 4 vote, with one abstention on Thursday night. Dr. Archana Chatterjee, dean of the Chicago Medical School, was one of the four “no” votes. Chatterjee explained her decision during a Friday evening interview on “The News with
Lululemon Athletica store exterior, Ponce City Market. John Greim | LightRocket | Getty Images Lululemon on Thursday reported sales of $1.1 billion, up 22% from a year ago and beating analysts’ estimates, as shoppers frequented the retailer’s stores and website to buy workout apparel during the period. In North America, net revenue grew 19%, boosted
Tesla will replace Apartment Investment and Management Co. in the S&P 500 when the electric vehicle company joins the index before trading begins on Dec. 21, S&P Dow Jones Indices said Friday. Tesla will also be added to the S&P 100, replacing Occidental Petroleum in that index. S&P Dow Jones Indices previously announced on Nov.
Check out the companies making headlines in midday trading. Snowflake — Shares of the data-warehousing software maker slid more than 4% after Deutsche Bank downgraded the stock a hold rating. “Pent-up demand for high-multiple names, such as Snowflake, may be limited as we wrap up 2020 and investors look to protect their year,” the firm
Billionaire Elon Musk says he wouldn’t have become the successful entrepreneur he is today if he hadn’t immigrated to the U.S. from South Africa in 1992. But he as a message for the U.S. government about entrepreneurship: “Get out of the way” and let companies innovate. “I think its a false dichotomy to look at