Dobrila Vignjevic | E+ | Getty Images Amid a stalemate on federal debt ceiling negotiations, some government officials are warning the Social Security checks sent to more than 65 million beneficiaries each month could be at risk. On Sunday, Senate Majority Leader Chuck Schumer, D-N.Y., warned a “Social Security shutdown” could happen if the U.S.
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There is confusion about what happens when you inherit a Roth IRA. The rules surrounding required minimum distributions (RMD) from an inherited Roth IRA are different than the Roth IRA or Roth 401(k) you opened and funded yourself. Additionally, the RMD rules for your Roth IRA or Roth 401(k) differ from those for a traditional
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Forbes Global Properties In Malibu, California, sand is gold. Where homes are sited―whether sandcastle-close along Broad Beach Road or atop Point Dume cliffs―is all about the correlation to beaches glinting in a sunset’s glow. The main show is the Pacific Ocean and its sonic swells―that serene rhythmic roll homebuyers crave to hear 24/7 and will
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Crypto taxes are back in the news. On Tuesday, President Joe Biden tweeted out an infographic that suggested that Congress should cut “Tax Loopholes That Help Wealthy Crypto Investors ($18 billion).” The language had some in the industry scratching their heads: What’s the $18 billion loophole? The White House did not clarify where the dollar
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Senator Bernard Sanders (I-VT VT ) ; introduced S.1178, 118th Cong., 1st Sess. (April 18, 2023) and Representative Jimmy Gomez (D-CA) introduced H.R. 2676, 118th Cong., 1st Sess. (April 18, 2023), identical bills entitled “For the 99.5 Percent Act,”. WASHINGTON, DC – APRIL 18: Rep. Jimmy Gomez (D-CA) speaks during a press conference outside the
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Forbes Global Properties By the middle of the 1980s, television host and media mogul Merv Griffin was making retirement plans from his hit talk show, The Merv Griffin Show, which had been on the air for more than 20 years. The success of his production companies, Merv Griffin Enterprise and Merv Griffin Entertainment—responsible for creating
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AsiaVision | E+ | Getty Images Many Americans aren’t saving enough for retirement — and the shortfall could put a strain on state and federal budgets in the coming decades. But research shows that state-run programs could help people save for retirement while reducing that strain. Without changes, the retirement savings gap could create a
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Investment in luxury second-home markets has cooled following a sales run-up during the pandemic years 2020-21. But that’s not to say a lot of folks aren’t still toying with investing in such sunny spots as the Caribbean, Hawaii and Costa Rica. “The pandemic-related market run experienced in Hawaii’s ultra-luxury real estate sector was logistically unsustainable,
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