When I talk to my financial planning clients about their Social Security benefits, they always have a lot of questions. These range from “When is the best time to take Social Security?” “How Can I maximize my Social Security benefits?” “Are Social Security Benefits taxable?” “Can you help me choose the best time to start receiving
Month: December 2021
The Santa Fe Trail was a well-traveled stage coach route connecting Missouri and New Mexico during the 19th century. Freight, mail and people made their way across the wilds of five states using the corridor. This compound in Santa Fe’s Historic Eastside sits off that route, today known as the Historic Old Santa Fe Trail.
Loading chart… EVgo: “EVgo, I know that sounds good. … I have really pulled in my horns. I like Enphase Energy, OK? That is the one I like. I looked at it for the [CNBC Next Generation 50 index]. It’s Enphase Energy that you want. I know it’s a high dollar amount, but it’s a
In this article RENT LCID RH GME A man looks at GameStop at 6th Avenue on February 25, 2021 in New York. John Smith | Corbis News | Getty Images Check out the companies making headlines in after-hours trading: GameStop — Shares of the video game retailer slid 4% in extended trading Wednesday following the
The non-alcoholic beverage industry skyrocketed this past year as consumers shift from booze-filled nights to prioritizing their health and wellness. While some people are cutting back entirely, others are switching to beverages that taste like their favorite tipples, but without the alcohol. Once thought to be a passing — even mockable — trend, non-alcoholic wine,
Financial advisors and their clients have waited for tax hikes as Congress hammered out provisions for the Build Back Better Act. But the House bill passed in November didn’t include the reforms many expected. “The biggest takeaway for Build Back Better is the lack of change,” said Jeffrey Levine, a certified financial planner and CPA
Inflation is too high and the central bank needs to move quicker to get it under control by raising interest rates, said Gilbert Garcia, a managing partner at Garcia Hamilton & Associates in Houston. “I wished we’d retire the word ‘transitory,'” Garcia said, at the CNBC Financial Advisor Summit on Wednesday, speaking of predictions that
There are some fit seniors out there and I see them all around in my long-lived county. They walk, ride bikes, go to the gym, eat wisely. They are the exception. 60% of Americans do not exercise as recommended and some are very sedentary. Too many chronic health problems go along with being inactive and
Who wants to think about taxes around the holidays? What if a few simple year-end moves could save you thousands of dollars off your 2021 tax bill? For example, there’s tax loss harvesting, topping up retirement account contributions, and giving to charity. These are moves you can make even though the fate of the Build
Fans of award-winning HBO show Succession are captivated by the dysfunctional drama of the billionaire Roy family. And perhaps more interesting than their business woes and family feuds is the glimpse into the glamorous lifestyle of the world’s ultra-rich. Seeing how they live, from their private planes to yachts to homes around the world, is
In this article SG CNBC’s Jim Cramer said Wednesday he would hold off on buying any shares of Sweetgreen, the salad chain that debuted on the New York Stock Exchange last month. Sweetgreen pulled back from its first-day peak of $56.20 per share, closing Wednesday at $33 apiece. However, the “Mad Money” host said the
In this article RENT Jennifer Hyman, Rent the Runway Scott Mlyn | CNBC Rent the Runway shares fell more than 5% in extended trading Wednesday after the company booked widening third-quarter losses, despite sales that shot up 66% year over year, in its first financial report since going public in late October. The fashion rental
U.S. stock index futures were little changed during overnight trading on Wednesday, after the major averages posted a third straight day of gains as traders bet that the omicron variant’s economic impacts won’t be as severe as initially thought. Futures contracts tied to the Dow Jones Industrial Average slid 7 points. S&P 500 futures were
Initiating a conversation about your salary is often an uncomfortable process to navigate. The fear of rejection and disappointment can make it easy to get tongue-tied and use language that might hurt your chances of getting what you want. All successful negotiations begin with being aware of the words you use. I’ve spent more than
Japanese billionaire Yusaku Maezawa arrives at the International Space Station on Dec. 8, 2021 after launching on a Russian Soyuz spacecraft. NASA TV Japanese billionaire Yusaku Maezawa arrived at the International Space Station on Wednesday, where he’ll spend nearly two weeks visiting as a private space tourist. Maezawa launched on a Russian Soyuz spacecraft along
Jamie Grill | The Image Bank | Getty Images Millennials stand to inherit a whopping $68 trillion from the baby boom generation. But they aren’t necessarily taking cues from their parents on how to manage their money. The proliferation of online money management platforms has given millennials more options than their parents once had. Many
Financial advisors may want to view cybersecurity as a critical issue on more than one level. While protecting client data should be a priority, cyber attacks also could affect the investments they make on behalf of their clients. Basically, some companies may be more prone to costly cyber attacks than others. “The sectors that I
So, you have an irrevocable trust (or several) and you want to take a loan from the trust. While that might sound simple it really may not be as simple and you think, and you should discuss the decision with your trust attorney, CPA, and the trustee (especially if it’s a professional or institutional trustee
In a recent case, the Fifth Circuit analyzed whether the $10,000 maximum non-willful FBAR penalty cap applies for each failure to file an annual FBAR or each failure to report an account. In an opinion that reversed the district court and that departs from a recent 9th Circuit opinion, the Fifth Circuit held that each
Private islands have long attracted the ultra-rich, especially in the Bahamas. And one of the latest private islands sure to turn the heads of billionaires is Little Pipe Cay in The Exumas, Bahamas. First listed in 2018 for $85 million, the 40-acre private island is back on the market for $100 million. Listing agents Fredrik
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