Sharebite CEO and cofounder Dilip Rao and co-founder Mohsin Memon Source: Sharebite There’s no such thing as a free lunch – except when big companies want to get their employees back to the office during a pandemic. Employers including banks and asset managers, technology companies and law firms are ramping up back-to-work plans as more
Month: May 2021
An employee preps a John Deere & Co. excavator for sale at Martin Equipment in Rock Island, Illinois. Daniel Acker | Bloomberg | Getty Images With May coming to a close, Wall Street analysts are fine tuning their recommendations as COVID-19 vaccinations pave the way for further economic re-opening this summer. We used TipRanks
Even though they’ve been around for decades, 529 college savings plans are still often misunderstood. The investment vehicles are a tax-advantaged way to save for college or other schooling. Earnings are free from federal tax and the funds aren’t taxed when taken out to pay for qualified expenses. Yet only 36% of Americans can correctly
Because of the coronavirus pandemic, the price of higher education is an even bigger consideration for students and their families than usual. At the same time, the cost of a four-year college or university has never been higher. For the 2020-21 academic year, average tuition and fees increased 1.1% for in-state students at four-year public colleges, reaching $10,560,
U.S. President Joe Biden. Bloomberg | Bloomberg | Getty Images President Joe Biden has a problem with broad student loan forgiveness. In a recent interview with New York Times columnist David Brooks, Biden said: “The idea that you go to Penn and you’re paying a total of 70,000 bucks a year and the public should
Daniel Acker | Bloomberg | Getty Images Car shoppers hoping to cash in on Memorial Day weekend sales events may want to rein in their expectations. On top of reduced inventory due to a shortage of microchips — key parts needed for today’s autos to operate — and unrelenting consumer demand pushing prices higher, there
Eddie Valdivia and his wife Vanessa pose in front of their first house, which they purchased in October 2020 with the help of a VA loan. Eddie Valdivia, 34 and his wife, Vanessa, 36, workers at the Red Cross, bought their first house last October, right in the middle of the pandemic. It’s a three-bedroom,
Social media personalities Dixie D’Amelio and Noah Beck at Disney California Adventure Park at the Disneyland Resort on May 2, 2021 in Anaheim, California. Handout | Getty Images Entertainment | Getty Images The Covid pandemic made the past 14 months a literal roller coaster of a ride for both theme parks and their fans. Parks
Wouldn’t it be nice if there was a scientific age of retirement? We could just announce how many years people should work before they get decent pensions. Unionized workers and their employers kind of do that. “Thirty and out” is the deal for unionized coal miners in the United Mine Workers Union. You get a
I’m not a couples therapist, but I am one of many financial advisors who’ve heard, “This has been better for us than couples counseling,” after a productive financial advisory meeting. With more than half of marriages ending in divorce, and with disagreements over money listed as the leading cause, it’s no wonder that if you
If you received a Paycheck Protection Program (PPP) loan, but did not deduct payroll expenses on your 2020 tax return, this is what you need to know. First, the IRS completely changed its guidance on deductibility of 2020 expenses due to the enactment of legislation in late 2020 (see “Current Law,” below). Second, taxpayers who
As Americans get older we can count on two things: more Americans will be cognitively impaired and losses to financial fraud will increase. According to a new Federal Trade Commission report, the average loss due to financial fraud to people over 80 is the highest of any loss due to financial fraud of any other
What you’ve done in the past isn’t enough for the future. That which has differentiated you enough to become successful thus far in your career likely isn’t sufficient to set you apart and perpetuate your success going forward. At one point, pushing product for a recognizable company gave you an edge. Then, being an asset
If your uncle, best friend or bank loans you money, is it taxable? Nope, not if it’s a real loan. But the loan or income distinction lands many people in trouble with the IRS. Besides, interest rates on risky loans like litigation funding and pre-IPO stock are high, and you might not be able to
Today’s column addresses questions about potential effects of having filed early, making sure your benefits are actually suspended even if a representative mistakenly says you can’t suspend them and potentially available benefits on an ex’s record. Larry Kotlikoff is a Professor of Economics at Boston University and the founder and president of Economic Security Planning,
In a recent case, a bankruptcy court had to consider whether to allow a debtor in a Chapter 13 plan to make voluntary contributions to her retirement plan. This is an interesting and important issue, particularly for retirement planning and retirement preparedness. Indeed, saving in an employer-sponsored retirement plan with its attendant benefits—such as employer-matching
Father’s Day is less than a month away. After what’s been a challenging year for everyone but especially for fathers, it’s important to give a dad a gift that shows how much you truly care about him. A gift for the home is ideal because it’s not only incredibly thoughtful, but it will likely last
For over 20 years, the American Institute of Architects has recognized projects that represent state-of-the-art learning environments. Schools, museums, community centers, libraries, nature centers and interpretive centers are evaluated for new projects that further the cause of design while they advance the goals of the institution. Selected projects must meet a host of criteria, including
After four years of planning meetings, including over 100 community sessions, the multi-purpose campus for Google received unanimous approval this week from the San Jose City Council. The 80-acre site will bring 4,000 residential units plus 7.3 million square feet of office space. The office buildings are to provide space for an estimated 20,000 workers.
In 2007, Donald Wexler, the late Mid-Century architect (a protegee of Richard Neutra and William Cody) who helped shape Palm Springs’ Modernism movement, designed a Hollywood Hills compound for his son, international photographer and director Glen Wexler. “Donald Wexler worked together with Glen, who wanted a very specific live-work space. That is what the design
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