Retirement

Most countries make it possible to acquire citizenship through residency. After you’ve been a full-time resident of the country for a specific number of years, you can become eligible to apply for citizenship and a passport. The specific requirements vary depending on the type of residency permit you have and how long you’ve held it,
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U. S. Department of Labor watchdogs just opened the door for private equity wolves to sell the … [+] highest cost, highest risk, most secretive investments ever devised by Wall Street to 401k plan sponsors. 401k investors will be devoured like lambs to the slaughter. Getty U. S. Department of Labor watchdogs just opened the
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NEW YORK, NY – APRIL 10: Dwyane Wade; Victor Cruz, DJ Clue and Carmelo Anthony are seen at Dwyane … [+] Wade’s One Last Dance Retirement Party at CATCH NYC on April 10, 2019 in New York City. (Photo by Bobby Metelus/Getty Images) Getty Images The fin-tech firm Betterment found a third of millennials/Gen Z
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U.S. Treasury Secretary Steven Mnuchin told the Senate Small Business and Entrepreneurship Committee … [+] on June 10th that it’s too early to discuss another stimulus bill. (Photo credit: Al-Drago) Getty A speedy round of extra stimulus funds, as the economy continues to recoil due to the coronavirus, seems less and less likely every day,
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This article is a part of a series; click here to read Part 1. Another possible behavioral explanation is the feeling of being poorer after annuitization because of the resulting noticeably lower remaining account balance. This confuses total wealth with the spending power available from that wealth, but it can exert a powerful psychological influence
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Getty Last week, I wrote about a newly-handed-down Supreme Court ruling that determined that, in a case where pension plan participants were not actually harmed, they could not sue their former employer for mismanaging their pension. As something of a tangent, I observed that participants in multiemployer plans would indeed be harmed, because there is
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The House Democrats’ coronovirus economic package is generous, and complex. Getty How should the federal government mitigate the economic effects of the emerging pandemic’s disruption? The White House has not yet provided a specific package of legislative proposals, but for its suggestion of a cut in the payroll (FICA/Social Security) tax which The Hill and
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Resident with visitor flickr Editorial/Getty Images As the coronavirus spreads, many nursing homes and assisted living facilities are discouraging family members from visiting loved ones, and they are screening those who do come. President Trump created additional confusion last night when he urged facilities to “suspend all non-essential visits.” What should you do? There is
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The spreading coronavirus affects the financial health of millions of low-wage workers. Getty The evolving coronavirus pandemic is shining a light on massive disparities in the U.S. labor market. It is not enough to have a job. People also need good jobs to be financially secure, especially when facing the challenges associated with the spread
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