Today’s column addresses questions about divorcing and remarrying after 60 to allow survivor’s benefits from a previous marriage, temporarily avoiding the deeming provision even if you were born after 1/1/1954 and how Social Security uses earnings histories to calculate benefit amounts. Larry Kotlikoff is a Professor of Economics at Boston University and the founder and
Month: May 2021
“It’s like a million incremental little decisions that either pay off or don’t.” For Todd Piccus, building his one-of-a-kind home in the heart of Venice Beach was the dream. But as the head of legal and business affairs at Mattel prepares to let the custom compound go, he’s reflecting on the whirlwind process that went
A friend called me the other day to ask a question that I know many share and that many financial advisors are hearing, especially from those who are currently in retirement. Here’s how the conversation went, along with a few notes specifically for financial advisors to help in the similar conversations you’re having with your
In this article COIN TSN RBLX OXY GRWG DIS DASH ABNB WEN The stock market rallied Friday as investors reacted to the worse-than-expected April jobs report, which indicates the Federal Reserve’s easy policy is unlikely to go anywhere soon, CNBC’s Jim Cramer said. “I know the conventional wisdom says sell in May and go away,
In this article ETH.CM= LTC.CB= BTC.BS=-USS Cameron Winklevoss, left, and Tyler Winklevoss David Paul Morris | Bloomberg | Getty Images Gemini, the cryptocurrency exchange founded by Tyler and Cameron Winklevoss, is going all in on dogecoin. Starting Sunday, the Gemini app will let clients move their holdings in dogecoin into interest-bearing accounts through its Gemini
Harley Finkelstein, COO, Shopify Scott Mlyn | CNBC Investors should take note when an analyst becomes bullish on a stock after standing on the sidelines. It could signal the name is undervalued and poised for long-term growth. The stocks highlighted below have just been upgraded to Buy. As for the analysts handing out these upgrades,
fizkes | iStock | Getty Images Outstanding student loan debt in the U.S. has climbed to $1.7 trillion, a balance that is not evenly distributed among college graduates. Certain groups are far more burdened than others. President Joe Biden is now considering whether or not to reduce or eliminate those burdens by forgiving student debt.
By Arlene Weintraub, Next Avenue Only 58% of Americans age 65 or older have broadband internet access at home, which means 22 million people that age lack it, according to the nonprofit Older Adult Technology Services (OATS). This became especially problematic during the pandemic, when so many people needed to get on the internet for telehealth
Pope Francis wearing a face mask attends an inter-religious prayer service for peace along with other religious representatives in the Basilica of Santa Maria in Aracoeli, a church on top of Rome’s Capitoline Hill, in Rome, Italy, Oct. 20, 2020. Guglielmo Mangiapane | Reuters Pope Francis on Saturday came out in favor of a waiver
Take a look at some of the biggest movers in the premarket: Beyond Meat (BYND) – Beyond Meat lost 42 cents per share for the first quarter, more than double the 19 cents per share loss that analysts had expected. Revenue also missed forecasts, with the company saying the pandemic has dampened both retail and
Hiring was a huge letdown in April, but teenagers looking for summer gigs may be in luck. The Covid pandemic, of course, hit this group especially hard. Last summer, the unemployment rate for 16-to-24 year olds was 18.5%, about twice as high as the year before. (July is typically when youth employment peaks.) Now, heading into the
If you haven’t filed your 2020 tax return, are you still dealing with complexities created when RMDs (required minimum distributions) were waived for 2020? RMDs are mandated distributions (withdrawals) from tax-deferred accounts, such as IRAs. Doing your taxes for 2020 can be confusing, given that RMDs were suspended for 2020 in March by the CARES
This onetime seat of a powerful family in southwestern France took shape over six centuries. Set near the town of Périgueux, the chateau is made up of three interconnected structures built from the 12th through the 18th centuries. Ramparts forming a defensible boundary around the fortified property are still in place. Ramparts forming a defensible
Jason Wallace (C), director of the District of Columbia’s Commission on Fathers, Men, and Boys, gets a little emotional support from DC Office of Nightlife and Culture Director Shawn Townsend (L) and Deputy Mayor John Falcicchio (R) as he gets a shot of the Johnson & Johnson coronavirus vaccine from DC Health Nurse Kendria Brown
Joan Slatkin/Education Images/Universal Images Group via Getty Images More than 1 in 4 unemployed Americans have been out of work for over a year, according to Bureau of Labor Statistics data issued Friday. Long-term joblessness has been rising steadily throughout the Covid pandemic and poses greater financial risks for affected households. Nearly 2.7 million people
Florida has recently attracted some of Wall Street and Silicon Valley’s biggest names like Keith Rabois, Elliot Management and Goldman Sachs. “For years, even though people would talk about moving, it really wasn’t cool among the wealthy to move to Florida. It was like, OK, you couldn’t hack it in New York, so you go
VCG | Visual China Group | Getty Images Maybe you’ve seen one too many headlines about the explosive rise in value of dogecoin, or heard one too many stories about someone making a life-changing profit off the cryptocurrency, and now you’re ready to get in. You might be thinking, so what if the coin started
In this article ETH.CM= Gary Vaynerchuk holds a “VeeFriends” token, which is part of his part of his first NFT collection. Source: VeeFriends | Gary Vaynerchuk After weeks of teasing his drawings on Twitter, entrepreneur Gary Vaynerchuk announced Wednesday he’s launching his first NFT collection, “VeeFriends,” a series of 10,255 character tokens available for purchase
According to the National Retail Federation Mother’s Day spending is expected to total a record $28.1 billion this year, up $1.4 billion from last year. Can you imagine if instead of splurging on flowers and gifts, that much money were to pour into women’s retirement accounts this month? Of course, that’s not going to happen.
A few days ago on May 3rd workers on 7th Ave and 48th St in Manhattan unveiled Times Square’s newest billboard flanked by bright red LED Coca-Cola banners and advertisements for The Phantom Of The Opera, even though the Big Apple’s Broadway theaters have been closed for more than a year. The 10’ x 60’
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