People wait in their cars as they line up to collect unemployment forms in Hialeah, Florida. CHANDAN KHANNA/AFP via Getty Images Millions of workers have lost their jobs — and their employer-sponsored health insurance — due to the coronavirus pandemic. But other options are available to those who lose health coverage. These include Medicaid, an
Month: October 2020
Trump and Biden would approach the student loan crisis very differently. Jim Watson | AFP | Getty Images Whether Donald Trump or Joe Biden wins the presidency may have a significant impact on the country’s 42 million student loan borrowers. Student loans have outpaced credit card and auto debt as a burden to Americans, and
getty We tend to worry about retirement quite a bit, and with good reason. There are a number of different risks that could eat into your hard-earned retirement savings. The average joe often thinks of these risks as one or more of the following: a market crash, crippling debt, rising healthcare costs, and poor overall
Economic Security Planning, Inc. Today’s column addresses questions about a spouse taking retirement benefits on their own record before potentially taking survivor’s benefits, when to apply in order to begin receiving benefits in a certain month and when spousal benefits may be available. Larry Kotlikoff is a Professor of Economics at Boston University and the
What special circumstances elicit multiple bids, and how are they best managed to make certain that … [+] each buyer is treated fairly and that there are no dropouts? getty Competitive real estate bidding is back. Not for every property, but often enough so that both sellers and buyers require advice regarding what can precipitate
A volunteer is injected with a vaccine as he participates in a coronavirus disease (COVID-19) vaccination study at the Research Centers of America, in Hollywood, Florida, U.S., September 24, 2020. Marco Bello | Reuters The Trump administration on Friday announced a deal with CVS Health and Walgreens to administer coronavirus vaccines to the elderly and
United Airlines’ Boeing 747-400 aircraft performed its last passenger flight on November 7, 2017. NurPhoto Check out the companies making headlines in midday trading. Boeing — Shares popped more than 3% after Patrick Ky, the head of Europe’s aviation regulator, said the company’s beleaguered 737 Max jet is safe to fly again. He added the
Rep. Peter DeFazio, D-Ore. Sarah Silbiger | CQ-Roll Call Group | Getty Images Americans are hurting financially amid the Covid-19 pandemic, and that includes the nation’s seniors. Now, two House Democratic lawmakers are hoping to help retirees with a bill to increase next year’s Social Security cost-of-living adjustment. Rep. Peter DeFazio, D-Ore., is introducing a
It is also vitally important to understand that the amount of upside potential that can be offered by an FIA will vary over time as interest rates and call option prices change. With an annual reset design, the insurance company must repeat this process each year and will face different interest rates and call option
On October 14, 2020, FinCEN, the Financial Crimes Enforcement Network unit of the Treasury Department that handles millions of FBAR reports on foreign bank accounts, announced that you had until December 31, 2020 to file your 2019 FBAR. Extra time, what a relief! Then, late on October 15, the due date for extended IRS tax
A new lot of 15 abandoned buildings located in the old Saracen district will go to the highest bidders The Sicilian town of Sambuca is preparing to place on the market a second lot of abandoned houses for a symbolic €2, or just under $2.4, less than the cost of a cappuccino. But it’s waiting
A member of the medical staff treats a patient suffering from the coronavirus disease (COVID-19) at the Intensive Care Unit (ICU) of the Slany Hospital in Slany, Czech Republic, October 13, 2020. David W. Cerny | Reuters The World Health Organization said Friday that Europe‘s coronavirus outbreak is “concerning” as the number of available intensive
Descendants of Standard Oil founder John D. Rockefeller are calling on the major banks to put an end to fossil fuel financing. Daniel Growald, Peter Gill Case and Valerie Rockefeller — fifth-generation members of the famed family — have launched BankFWD, which is a network of powerful individuals and institutions aimed at persuading banks to
Mike Kemp | Blend Images | Getty Images Matt Becker opened his financial advisory practice, Mom and Dad Money, not long after he and his wife, Casey, had their first son, Aiden, and struggled with all the financial decisions new parents need to make. “I looked around and I didn’t see a lot of advisors
Joe Biden and Donald Trump speak during the first U.S. presidential debate on Sept. 29, 2020. Kevin Dietsch/UPI | Bloomberg | Getty Images President Donald Trump and Democratic presidential nominee Joe Biden have diverging views on the economic rebound that has played out after the coronavirus pandemic upended the country last spring. Trump and administration
By Kerry Hannon, Next Avenue Contributor Wendy Mayhew Wendy Mayhew Is a pandemic that’s led to shuttered retail operations and staggering layoffs really a time to start a business? You might not think so. But startups are rising at the fastest rate in more than a decade. And Wendy Mayhew, author of the new, practical
The US Attorney General’s Cyber Digital Task Force recently issued a comprehensive report outlining the United States’ framework for enforcement against cryptocurrency-related crimes. This report explains emerging threats, enforcement challenges, and case studies. According to the task force report, tax evasion is one of the three major ways bad actors use cryptocurrency. This report adds
Home buyers expand their needed requirements to meet the demands of work from home and distance … [+] learning getty Last week, Box, Inc., told their staff that they can work from home permanently. Box joins numerous companies who have told their employees that they have the option of working from home indefinitely. We have
A United Airlines plane seen at the gate at Chicago OHare International airport (ORD)on October 5, 2020 in Chicago, Illinois. Daniel Slim | AFP | Getty Images United Airlines‘ CEO Scott Kirby on Thursday said he expects air travel demand to remain lower than normal until there’s a widely available coronavirus vaccine, but the worst
People walk past the headquarters of the People’s Bank of China (PBOC), the central bank, in Beijing, China September 28, 2018. Jason Lee | Reuters BEIJING — As China recovers from the coronavirus pandemic, the country’s central bank is more open to increasing loans to an already debt-heavy system than it is to cutting back.
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