Economic Security Planning, Inc. Today’s column addresses questions about how the earnings test is applied when a spouse has filed early, whether payments based on an ex’s non-covered pension will invoke the WEP, child benefits for children not in the record holder’s custody and exchange rates and foreign pensions. Larry Kotlikoff is a Professor of
About 400,000 homeowners have fallen behind on their mortgage loans, despite eligibility for a … [+] payment-free forbearance plan. getty It seems there’s a communication issue with some of America’s struggling homeowners. According to a new report, around 400,000 U.S. homeowners have become “needlessly delinquent” on their mortgage loans, despite qualifying for a payment-free forbearance
Busch Gardens With caps on attendance and new coronavirus safety guidelines, including mandatory mask wearing and social distancing, theme parks have had to reimagine their Halloween festivities this year. The fall holiday has morphed into the single most important event for theme parks, Dennis Speigel, president of International Theme Parks Services, said. “A down Halloween
Lucid Motors is a California-based electric vehicle start-up, and in September it revealed the Air, its vision for an electric, luxury sedan. The company promises some impressive specs, such as an estimated 517 miles of range. But starting up an electric vehicle company is notoriously difficult, and it faces steep competition from Tesla and other
An employee pulls carts towards a Walmart store in Lakewood, California, July 16, 2020. Patrick T. Fallon | Bloomberg | Getty Images Boosted by fresh stimulus hopes, the markets have rallied this week. But the overall picture remains one of volatility and uncertainty. As yet no stimulus deal has actually been agreed, and with so
President Franklin D. Roosevelt signs the Social Security Act into law on Aug. 14, 1935. FPG | Archive Photos | Getty Images Many people think of Social Security as the program their parents and grandparents rely on for financial support in retirement. For James Roosevelt, Jr., it has a special significance. His grandfather created it.
Small businesses line Bagley Avenue in the Mexicantown neighborhood of Southwest Detroit, Michigan. Bryan Mitchell | Bloomberg | Getty Images As gridlock over another round of stimulus for small business in Washington continues, 5 million Latinos are at risk of bankruptcy, a new study reveals on Monday. Pre-pandemic they were the fastest-growing cohort on Main
getty Do you want to know an often underutilized strategy to increase the odds you will retire in comfort? It not only has the power to make you more financially secure, but it can give you greater peace of mind. What’s more, you won’t have to leave your kitchen table to use this method. Here
getty If you, like me, joined millions of other taxpayers in filing for an extension this year, be sure to check your calendar: October 15 is the due date to file your 2019 tax return. To avoid late filing penalties, you need to file on or before the October 15 deadline. If you owe taxes,
Getty There was history underfoot at Vermont’s Marlboro College. Tucked away in the Green Mountains, the nonprofit institution founded at the end of World War II held its first graduation in 1948. Robert Frost read a poem at the ceremony and Life Magazine printed a picture of its lone alum: a former rifleman named Hugh
A Qatar Airways Boeing 777 In New York. Leslie Josephs | CNBC DUBAI, United Arab Emirates — The outlook for the airline industry continues to be bleak, and one CEO has issued a particularly devastating warning on its future as fears mount over a potential second wave of coronavirus infections this fall and winter. “The
The Federal Reserve Bank of Boston’s President and CEO Eric S. Rosengren Keith Bedford | Reuters Years of low interest rates led to excessive risk taking in commercial real estate and will make the current economic downturn even more severe, Boston Federal Reserve President Eric Rosengren said Thursday. The central bank official said he expects
Democratic vice presidential nominee Senator Kamala Harris speaks during the vice presidential campaign debate with U.S. Vice President Mike Pence held on the campus of the University of Utah in Salt Lake City, Utah, October 7, 2020. Lucy Nicholson | Reuters During the vice presidential debate on Wednesday night, Sen. Kamala Harris, D-Calif., had a
People walk by the New York Stock Exchange (NYSE) in lower Manhattan on October 5, 2020 in New York … [+] City. (Photo by Angela Weiss / AFP) (Photo by ANGELA WEISS/AFP via Getty Images) AFP via Getty Images Wall Street is full of smart people getting paid lots of money to make good predictions
Charleston, South Carolina saw median listing prices rise 14.4 percent getty Housing prices aren’t coming down anytime soon according to realtor.com. In its latest housing report, the take-away is housing prices around the country remain at record highs as we move towards year-end. The U.S. median home price hit $350,000, a 12.9 percent year-over-year increase.
[embedded content] [The stream is slated to start at 11 a.m. ET. Please refresh the page if you do not see a player above at that time.] The World Health Organization is holding a briefing Friday on the coronavirus pandemic as daily cases hit a new record across the globe. The WHO reported 338,779 new
Jen-Hsun Huang, president and chief executive officer of Nvidia Corp., speaks during the company’s event at Mobile World Congress Americas in Los Angeles on Oct. 21, 2019. Patrick T. Fallon | Bloomberg | Getty Images Check out the companies making headlines after the bell Thursday: GenMark Diagnostics — GenMark shares popped more than 4% after
JPMorgan Chase CEO Jamie Dimon speaks at the North America’s Building Trades Unions (NABTU) 2019 legislative conference in Washington, April 9, 2019. Jeenah Moon | Reuters JPMorgan Chase is making a $30 billion commitment it says will help address U.S. wealth inequality, especially in traditionally underserved Black and Latino communities. The bank’s pledge is a
James M. Dahle, MD, founder of The White Coat Investor. James M Dahle, MD It has been recognized for years that our health can be affected by our wealth, or lack thereof. Stress is a major contributor to both mental and physical health, and financial issues are one of the biggest stressors around. In my
getty Younger workers are concerned that social security will no longer be available for them when they retire. They fear that they have been paying into the system for years, but there will be nothing left when they retire. Social Security Trustees released their annual report in April 2020, and stated there is a possibility that social