Retirement

The benefits of tax planning for gay couples can be quite fabulous is you ask this gay tax planner. Our country’s tax code is not very friendly to double-income households, especially those without kids (enter many LGBT couples). According to the US Treasury Department, gay married men earn more, on average, than our straight married

Broker-dealers are in an industry overseen by the Financial Industry Regulatory Authority (FINRA), but mostly, no one is closely watching them. Making a good profit is their motivator. Sometimes, profit gets all too tempting and those in the position of having control over another’s money take advantage of that power. One wants to believe that

This is a little nerdy but since the FTC is embracing new research from labor economics and law, I thought readers would like to know what experts are talking about — see the New School’s recent event on this topic. First, a speedy overview of labor relations in telecom and tech. Bear with me it’s

Public policy has been the major factor preventing the integration of retirement plan components: financial asset management, annuities and HECM reverse mortgages. As a result, annuities and HECMs are substantially underutilized, potential synergies between them are unrealized, and the retirees who use these markets often overpay. The result, illustrated by the chart below, is that

When it comes time to shop for Medicare coverage, Medicare Advantage plans have become a very popular option. More than half (51%) of eligible Medicare beneficiaries are enrolled in Medicare Advantage in 2023. That’s an increase of 19% to 46% from 2007 to 2021. What makes these plans so popular? One reason might be costs,

Anyone, and I mean anyone, can become a 401(k) millionaire if given enough time. According to Fidelity, the number of 401(k) millionaires on their platform has grown an astounding 25% this year. That doesn’t include all retirement account millionaires (those combining assets in all their retirement accounts). Keep reading as we share the reasonably easy

American families are often scattered across the country. Kids grow up, find opportunities they like in other places and move away. The parents may stay put, happy to remain where they’ve lived most of their lives. Then aging happens. And with it, risks no one really thought about. At AgingParents.com, where we advise families about

The retirement savings landscape experienced a radical transformation with the enactment of the SECURE Act 2.0 at the end of 2022. This groundbreaking legislation introduced a wave of changes, setting new precedents for retirement savings programs, most notably for Roth 401(k) account holders. The Act is considered a significant leap forward, encouraging more Americans to

In a long-awaited and highly controversial decision, the federal Centers for Medicare and Medicaid Services (CMS) has proposed that nursing homes provide at least three hours of staff time daily for every patient or resident. Would it meaningfully improve care at nursing facilities? Not by much. The rule would require facilities to provide enough staff

Last week, I shared a post translating the whole of financial planning into the language of life, suggesting that all the jargon, products, pitches, services, and strategies can be beneficially simplified into a four-quadrant approach that imputes more meaning into our money management: Live – Provide a predictable source of income to ensure provision in

I’ve been covering the live, retire, and do business abroad beat for more than three decades now and there are some questions that come up more than most. Chief among them: Can I bring my pet overseas? According to 2023 figures, 66% of U.S. households and 60% of Canadian households own a pet. Numbered among

Scammers lie in wait, looking for ways to rip off folks after every weather or other natural disaster. It may be terrible wildfires, hurricanes, massive storm surges and loss of life that grab media attention. Everywhere, legitimate charities appeal for donations to help those affected and many respond. But, some scammers seize the moment when

Stock markets smile when job markets frown. Except for workers, almost everyone is happy about today’s jobs report. Wealthy owners of equities see stock values rise when workers are hurting; the soft labor market means to investors workers won’t have power to drive up wages and the Fed will slow down interest rate hikes. Just

The Biden administration has announced its list of the first 10 drugs that will be subject to price negotiations, a step allowed for the first time when Congress passed last year’s Inflation Reduction Act. The Pharmaceutical Manufacturers’ Association (PhRMA), the main drugmaker lobby, blasted the law. No surprise there. But its reasoning is evidence of

Summer 2023 has been the season of international travel for Americans, who have touched down in Europe and the Pacific in record numbers. American arrivals in Europe are expected to surpass last year’s numbers by 55%, and the season isn’t over yet. The top places U.S. travelers are visiting are London, Paris, Rome, and Dublin,

Higher income earners received a momentary reprieve from the Internal Revenue Service (IRS). A planned change to catch-up contributions and how they’re classified for tax purposes was set to go into effect in 2024, but the IRS announced it will delay the change until 2026. When the Secure Act 2.0 of 2022 passed, it scheduled

Millions of widowed, divorced or otherwise single adults live alone. With the changes of aging, new dangers emerge. Frailty, cognitive decline, and failing health set them up for serious situations and trips to the hospital. We consult about what to do here at AgingParents.com. Some of the issues friends, neighbors and distant family members bring

“Should I stay, or should I go?” When The Clash sang those words over 40 years ago, the 401(k) plan barely registered in the retirement plan landscape. The idea of choice captivated workers. This newly defined contribution plan promised employees freedom that defined benefit plans only teased at and, more often than not, reneged upon.

By Ellen Ryan, Next Avenue Taco Tuesday may bring to mind Old El Paso shells or Pace salsa, and Wednesday might still register for many people as Prince spaghetti day. But if you buy private labels instead, you can enjoy the traditions and have more in your grocery budget at week’s end. Surprisingly, even after

Share to Facebook Share to Twitter Share to Linkedin A big part of a trader’s success is the ability to technically analyze assets. In this article, you’ll learn what technical analysis is and how you can use it to identify new trading opportunities. Types Of Stock Analysis There are three major types of stock analysis: