Gregg Lemkau, co-head of investment banking for Goldman Sachs & Co. Christopher Goodney | Bloomberg | Getty Images Goldman Sachs is losing one of its top dealmakers. Gregg Lemkau, a nearly-three decade veteran of the bank and co-head of its powerhouse investment banking division, is leaving Goldman at the end of the year, according to
Month: November 2020
Shapecharge It’s not uncommon to want to move money from a workplace savings plan to an individual retirement account when you leave the company. Yet if you’re not careful while doing that rollover, you can make costly errors or lock yourself into something that can’t be easily undone. The key is to avoid any tax
Getty Images If you’re working and have access to a 401(k) plan, socking away at least enough money to grab the company’s matching contribution is key, experts say. Yet how much is that extra cash worth? Most companies that offer these workplace retirement plans will match your contributions up to a certain amount. Depending on
Customers dine at Momofuku’s outdoor seating in the East Village as the city continues Phase 4 of re-opening following restrictions imposed to slow the spread of coronavirus on September 26, 2020 in New York City. Alexi Rosenfeld | Getty Images Goldbelly is adding chef David Chang’s Momofuku to its national delivery service as the coronavirus
WILMINGTON, DELAWARE – NOVEMBER 10: U.S. President-elect Joe Biden addresses the media about the … [+] Trump Administration’s lawsuit to overturn the Affordable Care Act on November 10, 2020 at the Queen Theater in Wilmington, Delaware. Mr. Biden also answered questions about the process of the transition and how a Biden Administration would work with
getty Something odd happened last week. Something dramatic. Something that hasn’t happened in more than a decade and, arguably, not to this degree in nearly twenty years. It’s called “rotation.” It’s not a new thing, and it has certainly occurred in much narrower market segments. But this is the first time in a long time
Investment Specialist, Team Denver Homes - RE/MAX Professionals. getty Wherever you are on your real estate investment journey — whether you’re a first-time homebuyer or a seasoned investor — you need to be thoughtful and strategic about how you spend your hard-earned money. You have many different investment routes to choose from, which can sometimes be overwhelming
Ugur Sahin, CEO of BioNTech. Andreas Arnold | picture alliance | Getty Images LONDON — Daily life may return to normal by next winter, according to one of the creators of the highly-anticipated prospective coronavirus vaccine by Pfizer and BioNTech. Professor Ugur Sahin, co-founder and chief executive of BioNTech, also suggested the vaccine could halve
An ATM is shown at company headquarters for the PNC Financial Services at One PNC Plaza in Pittsburgh, Pennsylvania. Getty Images Spanish financial group BBVA has agreed to sell its U.S. business, BBVA USA Bancshares, to PNC Financial Services Group for $11.6 billion, the American firm announced Monday. Headquartered in Houston, Texas, BBVA USA Bancshares has $104
New nationwide poll shows 1 in 3 people over the age of 65 think they can just “snap out” of their … [+] depression. getty A new national poll found that almost two out of three Americans age 65 or older who are worried about having depression won’t go get treatment and a third believed
Shoppers ascend and descend escalators at the King of Prussia Mall, owned by Simon Property Group, United State’s largest retail shopping space, in King of Prussia, Pennsylvania. Mark Makela | Reuters Luxury mall owner Taubman Centers has agreed to a lower price to merge with the biggest mall owner in America, Simon Property Group, the
Traders work on the floor of the New York Stock Exchange. Source: NYSE U.S. stock futures rose on Sunday night as traders assessed a sharp market rotation that led to a mixed weekly performance last week. The S&P 500 posted a record closing high on Friday and notched a one-week gain of 2.2%. The Dow
John and David Auten-Schneider on their wedding day. The couple married after more than 13 years together. Studio Lemus John Auten-Schneider and David Auten-Schneider came out about their finances about two years after they started dating. The conversation started while they were looking to buy land in Winter Park, Colorado, to build a weekend home.
Close-up of Conservation easement with pen getty There is a sign that the IRS is raising the stakes in its attack on syndicated conservation easements (SCE). Jennifer Black, (Senior Counsel Procedure and Administration) authored two chief counsel advices CCA 202044009 and CCA 202044010 in response to National Fraud Counsel Carolyn A. Schenck. Ms. Schenck was asking about
Millennials are staying single longer and having children later – that has implications for … [+] caregiving and life in retirement. getty “One may be the loneliest number that you will ever do.” Despite the lyrical lament by the 1970’s rock band Three Dog Night, it appears that more people than ever are choosing singlehood.
Two of President-elect Joe Biden’s coronavirus advisors pushed back Friday on the idea of a national lockdown to suppress the coronavirus pandemic. “As a group, really the consensus is that we need a more nuanced approach,” said Dr. Celine Gounder, who sits on the panel and is an infectious disease specialist at the NYU Grossman
Air travelers walk toward a Lyft pickup area at Los Angeles International Airport (LAX) on August 20, 2020 in Los Angeles, California. Mario Tama | Getty Images The Democrats have gained control of the White House, and Wall Street appears to be on board. Although President-elect Biden will have to grapple with the ongoing coronavirus
Amy Abad-Sosa Amy Abad-Sosa What started out as a fun at-home activity for Amy Abad-Sosa has turned into a source of small business income. The 29-year-old mom of two and bookkeeper, based in Bogota, New Jersey, kicked off her new venture “Adventure Bins” this fall – homemade activity boxes for toddlers and preschoolers. “We’re not
IRS announced the retirement contribution limits for 2021. getty The Internal Revenue Service (IRS) recently announced some adjustments to the income limitations on retirement account contributions for 2021. These changes were in the works regardless of who won the 2020 presidential election. President-elect Joe Biden has laid out ambitious plans to improve retirement savings rates,
Mychal Phillips and Mario Schollmeyer recently bought an apartment in Park Slope, Brooklyn. Mychal Phillips Despite the dire reports about the New York City real estate market, transactions are taking place and, in some cases, there are bidding wars — and not just in the suburbs. Here’s a look at two sets of buyers and what they
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