Economic Security Planning, Inc. Today’s column addresses questions about when Social Security will recognize recent high income, what happens to benefit checks received in the month a person passes away and how the Windfall Elimination Provision (WEP) can affect benefits. Larry Kotlikoff is a Professor of Economics at Boston University and the founder and president
Month: January 2021
Corbis via Getty Images Bill Gates, the fourth richest person in the world and a self-described nerd who is known for his early programming skills rather than his love of the outdoors, has been quietly snatching up 242,0000 acres of farmland across the U.S. — enough to make him the top private farmland owner in
Taco Bell is bringing back its Cheesy Fiesta Potatoes and Spicy Potato Soft Taco Taco Bell Taco Bell wants to bring back its vegetarian customers. The Yum Brands chain is resurrecting its popular potatoes and will test a menu item with a Beyond Meat substitute after last year’s menu cuts disappointed its meat-free customer base.
A Delta Air Lines plane lands at Los Angeles International Airport Mario Tama | Getty Images Delta Air Lines halved its cash burn and narrowed its losses in the fourth quarter as the coronavirus pandemic drove the carrier to its worst year ever, the company said Thursday. The Atlanta-based airline posted a net loss of
Take a look at some of the biggest movers in the premarket: GameStop (GME) – GameStop is jumping once again in premarket trading after surging the past three days in what some analysts are calling a short squeeze. The video game retailer’s stock was up more than 57% in Wednesday’s session alone. The stock is
While interest in getting vaccinated for Covid-19 might vary, the desire to travel largely does not. A study released by Hilton last October indicated that 95% of Americans miss traveling. But those who either can’t or won’t take a Covid vaccination may find themselves shut out of some routine travel experiences, such as flying, cruising
Mykola Tys/ | LightRocket | Getty Images Grayscale saw its assets under management skyrocket as Wall Street used it as a proxy to invest in bitcoin. The New York-based investment firm kicked off last year with $2 billion in assets and ended with more than $20.2 billion. That 900% increase was driven by demand from
Janel Meehan finds ways to teach money lessons to her sons when they are playing games. Source: Janel Meehan Janel Meehan doesn’t want her children to grow up like she did, not knowing much about money. So every chance she gets, she incorporates financial lessons into their lives — including during her 11-year-old son’s video
Mature woman helping elderly mother with paperwork getty If you have bought into the idea that aging in place in the home you’ve maintained for 30+ years is the best answer to the question of where to live as you age, I can only conclude that you have decided it’s payback time for your children.
getty With all of the last minute changes to the Tax Code – and those stimulus check reconciliations – it was clear that the Internal Revenue Service (IRS) was going to have to make revisions to tax forms used to file 2020 tax returns (the tax returns that you’ll file in 2021). Most tax professionals
CEO/Founder of Ask DOSS, a voice-activated digital real estate assistant that’s like having a REALTOR in your pocket. #proptech getty Today, everything that could technologically cause real estate agents to become obsolete already exists. As the old phrase says, “What goes up, must eventually come down!” The real estate industry was more formally founded in
A person walks into the Nordstrom store open for business as New York City moves into Phase 2 of re-opening following restrictions imposed to curb the coronavirus pandemic on June 29, 2020 in New York, New York. Rob Kim | Getty Images Nordstrom on Wednesday reported a sales decline of 22% for the nine-week period
At 34 years old, Nikhil Kamath is one of India’s youngest billionaires. The Bangalore-born entrepreneur snagged the title late last year after joining Forbes India Rich List with his brother and co-founder, Nithin. It followed the runaway success of their stock trading platform Zerodha amid the pandemic. But the chief investment officer insists that it
vgajic | E+ | Getty Images People of color are paying more than twice the amount in banking fees than White Americans, a Bankrate survey found. When asked about fees such as ATM, overdraft and routine service charges, Black adults report shelling out an average of $12 a month for checking accounts at banks or
The red fire pumps by the real squad fire truck in Chicago Fire Department at the quarters of Engine … [+] Co. 5, filmed in the legendary series ‘Chicago Fire.’ getty In the Chicago Sun Times on Monday, a headline: “Illinois Senate passes firefighter pension bill over mayor’s strenuous objections.” “With the spotlight focused elsewhere
Boston South End aerial view. Residential district near Columbus Avenue. getty The Low Income Housing Tax Credit (Section 42) has generated very little in the way of conventional tax litigation, meaning IRS v taxpayer. Oddly part of Section 42, specifically 42(i)(7) – Impact of tenant’s right of 1st refusal to acquire property – has blossomed
For-sale home listings are now at their lowest point on record. getty If you’re hoping to buy a house this year, you might have a hard time finding one. According to the latest data from Realtor.com, for-sale listings are officially at an all-time low. By the end of December, the number of homes for sale
Moderna CEO Stephane Bancel Steven Ferdman | Getty Images The CEO of Covid-19 vaccine maker Moderna warned Wednesday that the coronavirus that has brought world economies to a standstill and overwhelmed hospitals will be around “forever.” Public health officials and infectious disease experts have said there is a high likelihood that Covid-19 will become an
Pedestrians pass in front of a Nordstrom Inc. store in the Midtown neighborhood of New York, on March 20, 2020. Gabby Jones | Bloomberg | Getty Images Check out the companies making headlines after the bell Wednesday: Nordstrom — The retailer’s stock fell more than 3% after the retailer said its holiday period sales dropped
The first AR1 rocket engine Aerojet Rocketdyne Aerojet Rocketdyne finished building the first in its next-generation AR1 engine series, despite lacking both a customer and plans to test fire it for about two years. The AR1 rocket engine is located at the company’s facility at NASA’s Stennis Space Center in Mississippi – and its completion
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