BartekSzewczyk | Getty If you’ve already maxed out 401(k) plan contributions for 2022 and you’re eager to save more for retirement, some plans have an under-the-radar option, experts say. For 2022, you can defer $20,500 into a 401(k), plus an extra $6,500 for investors 50 and older. But the total plan limit is $61,000 per
The Metaverse as envisioned by its creators — a fully formed digital world with virtual identities, homes, belongings and more — would transform our global economy. Development is growing quickly, as several platforms already are offering interactive games, business opportunities and social experiences. For example, Barbados has been working to declare digital real estate as
When it opened for business on September 15, 1902, the newly constructed West Baden Springs Hotel in southern Indiana was hailed as the Eighth Wonder of the World. Indeed, it is hard to overstate the drama of looking down into the atrium from one of the rooms encircling the vast space. The enormous 200-foot dome
Senator Ted Kennedy (D-MA) boards an elevator after walking off the floor of the U.S. Senate after a roll call vote to achieve cloture on the nomination of Judge Samuel Alito to the US Supreme Court passed 72 to 25 January 30, 2006 in Washington, DC. Chip Somodevilla | Getty Images Supreme Court Justice Samuel
Single-bond exchanged traded funds may be the key to solving some frequent investing problems. In August, F/m Investments, a $4 billion multi-boutique investment advisor, launched three single-bond ETFs: the US Treasury 10 Year ETF (UTEN), US Treasury 2 Year ETF (UTWO), and US Treasury 3 Month Bill ETF (TBIL). They’re the first single-bond exchange-traded funds
Late last week, a federal appeals court officially halted President Biden’s student debt forgiveness. The U.S. Court of Appeals for the 8th Circuit issued an administrative stay on debt discharges while it reviews a lawsuit filed by six Republican-leaning states. The plaintiffs argue the debt forgiveness would lead to a loss in tax revenue, causing
Porquenostudios | Istock | Getty Images For those with student debt, the last few months may have given you whiplash. First, President Joe Biden said in August that he’d be forgiving up to $20,000 for millions of borrowers. But before much celebrating could happen, Republicans brought a slew of challenges to the policy, leaving it
Does the gig economy intrigue you? Have you ever wondered what side hustle you’d be best at? According to a recent report issued by Precision Reports, the gig economy will nearly triple in the next five years. In addition, the rate of monthly new business formations, after nearly doubling at its peak at the onset
The much criticized syndicated conservation easement (SCE) industry is chalking up a victory this month, but there are probably other ways to look at it. Judge Cary Douglas Pugh of the United States Tax Court has allowed $7,834,091 of a $10,427,435 charitable deduction claimed by Champions Retreat Golf Founders LLC on its 2010 tax return.
There’s nothing like a classic pre-war New York City townhouse, especially in the charming neighborhood of Sutton Place. These properties aren’t easy to come by, particularly for renters. Another challenge of these spaces is making them your own. No one knows this better than artist Elizabeth Sutton. The native New Yorker recently moved to a
Co-founders Max Benassi, left, and Ian Cinnamon Apex Space A pair of heavy-hitter startup founders is turning their attention to what they see as a key bottleneck in the space industry, and has already won backing from high-profile venture capital. Los Angeles-based Apex Space, led by co-founders Ian Cinnamon and Max Benassi, wants to better
In this article JPM Follow your favorite stocksCREATE FREE ACCOUNT Daniel Pinto, co-president and chief operating officer of JPMorgan Chase & Co., speaks during the Institute of International Finance (IIF) annual membership meeting in Washington, D.C., Oct. 18, 2019. Al Drago | Bloomberg | Getty Images JPMorgan Chase President Daniel Pinto has vivid memories of
Jose Luis Pelaez | Getty Images The IRS is sharing more details on how to report digital assets for the 2022 tax filing year, according to draft instructions. Since 2019, there’s been a yes or no “virtual currency” question on tax returns, requiring filers to check a box to disclose their taxable crypto activity. For
In this article LC Follow your favorite stocksCREATE FREE ACCOUNT As rising prices continue to outpace wage gains, families are finding less cushion in their monthly budget. As of September, 63% of Americans were living paycheck to paycheck, according to a recent LendingClub report — near the 64% historic high hit in March. A year
Legal claims about employment are one of the most common kinds of legal disputes. Just about every employment suit or settlement raises tax issues for employer and employee, and there are some common misconceptions. Most plaintiffs use contingent fee lawyers, and many assume that they are only responsible for the net money they collect after
Share to Facebook Share to Twitter Share to Linkedin There was such fanfare when Bill Smith, founder and CEO of furnished apartment rental firm Landing, relocated the company’s headquarters to his hometown of Birmingham, Alabama, from San Francisco in June 2021 that a ceremony announcing Landing’s arrival featured Governor Kay Ivey, who offered tax breaks
Britain is preparing to name its fifth prime minister in six years. Richard Baker | In Pictures | Getty Images LONDON — The U.K. is gearing up to install a new prime minister this week — its fifth in six years — following the sudden resignation of Liz Truss, just 44 days into the job.
In this article WBD Follow your favorite stocksCREATE FREE ACCOUNT Dwayne Johnson is Black Adam in Warner Bros.’ newest DC film “Black Adam.” Warner Bros. “Black Adam” stormed into theaters this weekend, snaring $67 million domestically. It is the first film since Disney and Marvel Studio’s “Thor: Love and Thunder” in July to tally more
Today’s Social Security column addresses questions about taking retirement benefits after spousal benefits, taking survivor’s benefits before retirement benefits and whether continued income can affect a spouse’s benefits. Larry Kotlikoff is a Professor of Economics at Boston University and the founder and president of Economic Security Planning, Inc. See more Ask Larry answers here. Have
The trend of fast furniture is starting to become a thing of the past. Millennial consumers in particular are looking for pieces they can keep for years as opposed to something they’ll throw out before the next time they move. No one knows this better than Declan Ee, who co-founded the furniture brand Castlery in