Pension or lump-sum offer? Getty General Electric (GE) recently announced they had frozen their defined benefit plan and were offering lump-sum pension payouts to about 100,000 retirees. GE will also discontinue making pension contributions after 2021. This follows a similar action by Ford to freeze their defined benefit pension for their retirees. A Ford executive
0 Comments
Share to facebook Share to twitter Share to linkedin 3D Word IPO on Chalkboard Background – 3D Rendering Getty For both private company directors as well as CEOs as you begin to think about liquidity choices for your company you normally think of an IPO. There is of course another alternative you may want to
0 Comments
Graphic illustration on the subject of ‘Investments / Exchange Traded Funds’. Getty The growing size of the REIT industry has led to the emergence of a significant market for REIT preferred stocks. As preferred stocks have priority over common stocks, the preferred shareholders are first in line to receive dividend payouts made by REITs. Preferred
0 Comments
All older Americans, regardless of income, are at risk of financial abuse. Various studies estimate that seniors in the U.S. are scammed out of anywhere from $3 billion to $37 billion a year. Between 2013 and 2017, those over age 70 lost an average of $41,800 to elder financial exploitation, according to an analysis by
0 Comments
Share to facebook Share to twitter Share to linkedin Advisor advising Getty Most of the country’s 300,000 or so financial advisors get paid via sales commissions or else an annual percentage of the assets they oversee. The planners on this list are very different. They are paid the way lawyers are paid: by the hour
0 Comments
The recent GAO report IRS Could Better Leverage Existing Data to Identify Abusive Schemes Involving Tax-Exempt Entities is not nearly as boring as the title makes it sound. In order to get to its recommendations the report authors had to describe the shenanigans that the scoundrels are engaging in. The report might serve as a
0 Comments
Tuscan Villa-inspired estate in Coral Gables, Florida The Jills Zeder Group Tucked away in a private gated community in Coral Gables, Florida is a Tuscan villa-inspired estate that is waterfront living at its best. The home at 150 Arvida Parkway in Gables Estates is on the market for a record-setting asking price of $48 million
0 Comments
NASA Administrator Jim Bridenstine, left, and SpaceX Chief Engineer Elon Musk, right, speak to press in front of the Crew Dragon that is being prepared for the Demo-2 mission. NASA/Aubrey Gemignani LOS ANGELES – SpaceX and Boeing are each in the final stages of developing the spacecraft needed for the U.S. to once again fly astronauts, with NASA’s
0 Comments
Annette Riedl | picture alliance | Getty Images In an age of ongoing digital transformation, cybercrime has quickly become today’s fastest-growing form of criminal activity. Equally worrying for modern executives, it’s also set to cost businesses $5.2 trillion worldwide within five years, according to Accenture. With 43% of online attacks now aimed at small businesses,
0 Comments