Today’s Social Security column addresses questions about why Social Security’s estimates of future retirement benefits may fluctuate, requesting that a benefit rate be recalculated and how rates might increase even after 70. Larry Kotlikoff is a Professor of Economics at Boston University and the founder and president of Economic Security Planning, Inc. See more Ask
Month: December 2021
Innovation districts emerging across the country and the world are in part a recognition close physical collaboration can fuel creativity. Placing innovative-minded folks together in a tight urban cluster devoted to inspiration, imagination and inventiveness is sheer genius. It can foster the kinds of formal and informal connections that spark great ideas. Ask random respondents
In this article TSLA T BIIB AAPL NVDA PFE CNBC’s Jim Cramer offered his list of the biggest winners on Wall Street in 2021. The “Mad Money” host also shared his biggest disappointments, as markets head into their final trading days of the year. “As we wrap up 2021, I think it’s the ideal time
Covid-19 deaths in nursing homes have dropped dramatically but more work needs to be done, four Democratic Senators led by Senate Aging Committee Chair Bob Casey of Pennsylvania are warning. The deaths have dropped from more than 5,600 weekly from Thanksgiving 2020 to the first week of January 2021 to 425 per week for the
Pueblo, Spanish and contemporary styles combine to achieve a cohesive blend at this flat-roofed home in Santa Fe, New Mexico. Built in 1963 and set on a roomy 2.35 acres, the two-story house has been newly outfitted with luxury, entertaining and multi-generational living in mind. The entry is topped with a vaulted wooden ceiling containing
CNBC’s Jim Cramer, who is not shy about criticizing SPACs, on Thursday highlighted a trio of stocks that he believes are actually worth owning after completing their reverse mergers with blank-check companies. The “Mad Money” host made a different investment case for each of the three companies: Matterport, Open Lending and Blue Owl Capital. But
There are only a few days left before the end of the year to make charitable contributions for 2021. If you are like most taxpayers (an estimated nine out of 10, according to the IRS) who take the standard deduction as opposed to itemizing charitable contributions, there are important reminders. As in all cases, be
Loading chart… Penn National Gaming: “I like Penn National. I liked it low. I liked it high. I think Penn National is a winner. I think that it’s done a lot of good things, and it’s just that gambling has just become a very difficult job. We know those stocks have been in a terrible
For the most part, Bill Gates is optimistic about 2022. But the billionaire Microsoft co-founder still has a few concerns heading into the coming year. In Gates’ recently published end-of-year blog post, titled “Reasons for optimism after a difficult year,” he made multiple rosy prognostications — from the Covid pandemic potentially ending to the oncoming
Maria Teijeiro | OJO Images | Getty Images ‘Tis the season for charitable giving, and retirees eyeing a year-end donation may still score a write-off with transfers from their individual retirement account. Qualified charitable distributions, or QCDs, are direct gifts from an IRA to an eligible charity. Investors age 70½ and older may donate up
American consumer spending rose under one percent .6% in November, but last month it was little higher, the October’s increase was 1.7%. So spending is trending up. However, the press is reflexively reporting the new data with downbeat phrases like, “spending slowed”; like it was a bad thing. In contrast to the press this morning
International air travel will likely remain sluggish in the near term as uncertainties over the omicron Covid variant linger, according to an aviation analyst. Brendan Sobie, independent analyst at Sobie Aviation, said omicron has hit passenger confidence in “travel right now because things are changing every day.” “The recovery we were hoping we were going
Judge Urda picked the shortest day of the year to issue an opinion that can serve as a Christmas present to taxpayers vulnerable to Code Section 183, the hobby loss rule. William R. Huff TCM 2021-140 is the first, and likely the only, taxpayer victory in a Section 183 case in 2021. And keeping with the Christmas
A graduate who calls himself “April Vendetta” protests student debt in New York’s Washington Square Park on May 19, 2021, after New York University’s virtual commencement ceremony. Timothy A. Clary | AFP | Getty Images Most Americans want the government to forgive at least some of the $1.7 trillion in outstanding student loan debt. Some
By Craig Miller, Next Avenue We’ve all heard someone say it: they’ve decided to keep working beyond retirement age to “keep their mind sharp.” Now, that widely held notion has some science behind it. Three researchers at the Max Planck Institute for Demographic Research in Germany have released a study showing measurable differences in cognitive decline between
Every year since its inception in the latter half of the 19th Century, YWCA has served women and girls with health and wellness resources, youth activities, transitional housing services, affordable childcare and support to survivors of domestic violence. It was only fitting, then, that when YWCA Central Massachusetts in Worcester deemed its Salem Square
Investors may want to look under the radar for electric vehicle plays in the year ahead, two traders say. With popular stocks such as Tesla and Nikola reaching exorbitant valuations, “we’re trying to play around the edges,” Laffer Tengler Investments’ Nancy Tengler told CNBC’s “Trading Nation” on Thursday. “There’s two ways for investors to nibble
RgStudio | E+ | Getty Images It’s almost time to ring in the new year. Before you do, there are some smart money moves you can still make that can set you up for success in 2022 — and beyond. To be sure, practicing good financial health is important all year long. However, there are
When I taught economics at the University of Notre Dame, I learned that banning abortion in effect violates a keystone of Catholic social teaching that gives a “preferential option to the poor” and vulnerable. In America, young mothers are among the most vulnerable among us. I was honored to teach at Notre Dame for 25
While giving birth is hardly glamorous, iconic fashion and lifestyle brand Lilly Pulitzer seeks to change this with a recently revealed a VIP birthing suite at Good Samaritan Medical Center, which is part of The Palm Beach Health Network. Lilly Pulitzer’s own granddaughter was born at Good Samaritan so it only makes sense to pass
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