Retirement

Consider Location, Heallthcare and Work Before Money Steve Chen – Glacier National Park This weekend my friend Kurt came by to pick something up that he left at my 50th birthday party and let me know he just turned 60. Although due to ageism he doesn’t share his real age “I’m a perma 55 on

It’s time for a cultural wake-up call. Here’s the business case for hiring and retaining workers 50+. The beauty of it is that everyone wins from companies to workers, and, you bet, the economy. When it comes to hiring, smart employers know that it’s not about age. Really. An innovative company wants talented people, period. And in

Share to facebook Share to twitter Share to linkedin Photocredit: Getty Getty In a May 21 posting, the case was presented for a copper price low in July. The conclusion was, “Thus, the seasonal, monthly and the weekly cycles point to early July as the next significant low. At that time, price will likely be

By Gary Weiss, Next Avenue Contributor Family in happier times (Ada Vocino, Patricia Femia and Patricia’s kids) Courtesy of Gary Weiss The last time Patricia Femia saw her mother, Ada Vocino, was February 14,  2013 — Valentine’s Day. But this was anything but a heartfelt meeting. The two women were in the Morris County Courthouse

Today we’re going to dive into a question subscribers to our CEF Insider service often ask: what happens to a closed-end fund’s dividend when stocks take a tumble? The answer is coming up shortly (and if you’re at all worried about this levitating market suddenly snapping back, you’re going to like what I have to

ASSOCIATED PRESS IBM is catching up with fast growing technology companies Microsoft and Amazon, recently. On Wall Street, that is. IBM’s shares have gained 34.80% YTD, compared to 35.58% of Microsoft and 30.80% of Amazon—see Chart. All three companies have outperformed the overall market. IBM, Microsoft, and Amazon shares YTD Koyfin That’s a big change

At a recent rally in North Carolina, Donald Trump spewed a litany of racist lies about Congresswoman Ilhan Omar (D-M.N.), including the outrageous falsehood that she supports al-Qaeda. As he told lie after lie about her, the crowd launched into a chant of “Send her back!” Just as he did all through the 2016 election

ASSOCIATED PRESS Malaysia’s Prime Minister Mahathir bin Mohamad is standing up to China, at home and at sea. The South China Sea, that is. That raises geopolitical risks for financial markets in the region. At home, Malaysia has dared to do something Sri Lanka, Pakistan, The Maldives and the Philippines didn’t: canceling or re-negotiating inflated

RMDs apply to IRAs and 401ks after age 70.5. Getty Retirement accounts like 401(k)s and IRAs allow individuals to save for their future in a tax advantaged manner. IRA and 401(k) contributions are often tax deductible and gains are tax deferred – you only pay taxes when you withdraw money from your account. So let’s

Are cryptocurrencies reportable for FBAR? For Fatca? No and maybe. Bitcoin, 5yr Forbes Turns out there’s no FBAR mandate on your offshore bitcoin account. Is the government making a tactical retreat in its war on money launderers and tax cheats? In response to a request for guidance from an accountants’ group, the Treasury Financial Crimes

US – China trade war, boxing flag fists Getty Beijing sent another warning to America over rare earths:  trade war or not, we could squeeze you, at any time. That’s according to a recent Global Times, editorial, which argues that China has several tactical options besides this one in the rare earth market. “China doesn’t

Individual income tax returm form by IRS, concept for taxation planning Getty Earlier this year, the U.S. House of Representatives passed the Setting Every Community Up for Retirement (SECURE) Act, by a whopping 417-3 vote. Initially, it was widely believed that the Senate would make quick work of the bill, as it had the incredible

Rights of elders destroyed iStock Nursing homes are regulated by the Federal government and in most instances, these regulations make sense in terms of safety. However, things go wrong in nursing homes on a regular basis and sometimes they go horribly wrong. For decades, nursing homes were allowed to handle claims against them for allegations

Share to facebook Share to twitter Share to linkedin The Consumer Financial Protection Bureau faulted bank and credit unions today for frequently failing to report suspected cases of elder financial exploitation enough directly to the authorities. The bureau called the lapse a possible missed opportunity to strengthen prevention and response. “More reporting to the relevant

US Congress dome Getty How, you ask, can there possibly be good news on multiemployer pensions? The updated 2019 PBGC projections aren’t out yet but there’s no reason to believe the numbers are any better than last year’s “insolvency in 2025” multi-employer PBGC fund projections; likewise, the government’s form 5500 data, the source for publicly-available

Share to facebook Share to twitter Share to linkedin Securities and Exchange Commission Chairman Jay Clayton said today it won’t be known for five or 10 years whether his effort to allow more retail investors to put their money into early stage, high growth companies is working. “Hopefully we’re on the right path. I’m very

Report cover: Viability of the Spend Safely in Retirement Study Stanford Center on Longevity Worried about making your retirement savings last the rest of your life? Don’t know how much you can spend on living expenses throughout your retirement? Concerned about stock market crashes that could derail your retirement in future years? If so, you’re

In order to step away from the day job in your 30s and 40s, you must be able to maximize your savings strategy. That often includes maxing out a number of your tax sheltered accounts, including your 401k or IRA. This creates a problem, though, since you can’t access those funds until you turn 59½.

Scientists the world over are scrambling to cure Alzheimer’s. And information abounds about how we might treat or even prevent the disease to begin with. But in the interim, finding new ways to help the some 43 million Americans who are caring for sufferers is gaining steam. And in this regard, Americans might do well to

Back in June, researcher Lyman Stone published a report at the American Enterprise Institute titled, “Red, White, and Grey:  Population Aging, Deaths of Despair, and the Institutional Stagnation of America,” which, to be honest, didn’t seem to have generated particularly much attention at the time, and I had merely bookmarked it to re-read myself.  But