Month: September 2020

Economic Security Planning, Inc. Today’s column addresses questions about restricted applications, 401(k)s and the Windfall Elimination Provision (WEP) and what methods are available to increase benefits after filing. 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 and
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TOPLINE  The Federal Trade Commission is investigating Intuit over allegations it deliberately diverted eligible TurboTax users away from free filing options through deceptive marketing. ASSOCIATED PRESS KEY FACTS The FTC has been investigating Intuit for more than a year, according to a court filing first reported by ProPublica on Tuesday. The agency is probing whether
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Eric is real estate investor and founder of MartelTurnkey. MartelTurnkey sells rental properties to investors looking for passive income. getty The Covid-19 pandemic has left millions of people stressed over their finances. The unemployment claims have passed 40 million as more people find themselves in need of assistance. The challenges brought about by the pandemic are
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People wait in their cars as they line up to collect unemployment forms in Hialeah, Florida. CHANDAN KHANNA/AFP via Getty Images The official unemployment rate fell to 8.4% in August as businesses continued emerging from broad shutdowns imposed early in the coronavirus pandemic, the Bureau of Labor Statistics reported Friday. That’s the lowest rate since
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Mortgage delinquencies are expected to continue to rise this year. getty The nation’s serious delinquency rate for mortgage loans more than doubled from May to June, reaching its highest level since February 2015, according to a new loan performance insights report by property data analytics provider CoreLogic. Barring further government support, CoreLogic predicts serious delinquencies
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A Temasek Holdings signage at their office in Singapore. Munshi Ahmed | Bloomberg | Getty Images SINGAPORE — Singapore’s state investment company Temasek said Tuesday the net value of its portfolio fell for the first time since 2016 as the coronavirus pandemic hit global markets. The size of Temasek’s portfolio fell to 306 billion Singapore dollars
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Don’t be too worried about the impact of the election on your retirement savings. getty It’s understandable if pre-retirees and retirees are nervous about the impact of the upcoming presidential election on their retirement savings, especially if they’re keeping up with the news these days. If they are, they might feel as if they’re being
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What’s going to happen to the economy in 2021? Now that we’re approaching the end of the third quarter of 2020, there are three scenarios for the coming year that savers, investors and people planning for retirement should keep in mind. Yellow means proceed with caution Steve Chen The Good Case for 2021 Though some
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Attendees wait for Robert Kyncl, vice president of global content partnerships with YouTube, to give … [+] a keynote presentation at the 2012 International Consumer Electronics Show (CES) in Las Vegas, Nevada, U.S., on Thursday, Jan. 12, 2012. The 2012 CES trade show features 2,700 global technology companies presenting consumer tech products and is expected
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