Month: May 2019

Unhappy aged lady showing thumbs-down gesture, unhappy with state government Getty The new 401k/IRA modification rules that have passed the House of Representatives and are now being taken up by the Senate will provide a number of improvements and simplification for high net worth taxpayers, while also taking away the ability to “stretch out” distributions
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FIRE acronym – financial independence, retire early, handwriting on a napkin with a cup of coffee Getty The so-called FIRE movement (Financial Independence/Retire Early) has recently gained attention for offering people a blueprint for retiring early. FIRE practitioners keep their spending as low as possible (this varies from limiting spending to extreme frugality depending on
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In the 45 years since Congress passed the landmark Employee Retirement Income Security Act (ERISA) of 1974, there have been unfortunate changes to the nation’s retirement system that make it difficult for working families to prepare for retirement. Research indicates that one key change – replacing defined benefit (DB) pension plans with defined contribution (DC)
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Union Pacific cargo train with multiple box cars approaching the camera as it prepares to cross a level railroad crossing near Jamestown, California, December 17, 2017. Smith Collection/Gado | Archive Photos | Getty Images A number of American companies could see their sales decline if trade relations between the United States and Mexico deteriorate as a
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As the nation’s heartland endures heavy rainfall, catastrophic flooding and deadly tornadoes, homeowners elsewhere shouldn’t assume they are out of harm’s way. Now is the time to evaluate any risk for potential summer storm damage. The Atlantic hurricane season runs from June 1 through Nov. 30. And although the National Oceanic and Atmospheric Administration predicts
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The economic relationship between the United States and China needs to change, Tony Ressler, a billionaire veteran of Wall Street, said Friday. “The Trump administration is making some very important points about how we do business with China,” said Ressler, co-founder of private equity giants Apollo Global Management and Ares Management. President Donald Trump, through
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Choosing a trustee to manage your estate when you are gone is an important decision, and one that should not be taken lightly. Depending on the type of trust you are creating, the trustee will be in charge of overseeing your assets and the assets of your loved ones. Most people choose either a friend
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A bill aimed at boosting retirement savings could also grant some tax relief to college students. Last week, the House of Representatives passed the Secure Act with support from both Republicans and Democrats. The proposed legislation, which will go before the Senate, includes a range of provisions to help workers boost their retirement savings. Major
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Dollar General shares rose to a record high Thursday after it reports better-than-expected fiscal Q1 sales. (Photo by Megan Morr/For the Washington Post) The Washington Post/Getty Images The often no-frills dollar stores are proving they have appeal, at least in terms of enticing low-income and other bargain-hunting shoppers.  Dollar General, the leader in the space,
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