Retirement

Economic Security Planning, Inc. Today’s column addresses what happens when benefits are withheld due to the earnings test, when spousal benefits might be available, public pensions and spousal benefits, survivor benefits and how excess spousal benefits are calculated. Larry Kotlikoff is a Professor of Economics at Boston University and the founder and president of Economic
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Illinois State Capital Building in Springfield, Illinois Getty Not much more than a month ago, Illinois Gov. JB Pritzker’s task force released its report recommending that asset management at the 650-odd pension funds be consolidated, while leaving benefit administration (and jobs, and decision-making about disability-eligibility) to the local entities. And when Illinois doesn’t drag its
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Economic Security Planning, Inc. Today’s column addresses when someone might be deemed to have filed for spousal benefits after filing for retirement benefits, filing for spousal benefits before retirement benefits, widow’s benefits and the GPO, disability benefits converting to retirement benefits and award letter language. Larry Kotlikoff is a Professor of Economics at Boston University
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Getty What happens in your first few days, weeks and even months at your new job will tell you what experience you can expect. How can you read, or even rearrange, these tea leaves that may predict your future? “All of us have been a new employee at one time or another,” says Justin Black,
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null Getty Are interest rates heading to zero in the US? Or, dare I say, negative range? I don’t think so. But if they do, real estate investment trusts (REITs) are going to absolutely skyrocket. This year-to-date has been a sneak preview. Most REITs have seen their valuations expand with the market rally, but we
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In a 14-page labor manifesto released earlier this month, Senator Elizabeth Warren pledges to restore the Department of Labor’s vacated fiduciary rule if she is elected president. Democratic presidential candidate Sen. Elizabeth Warren, D-Mass., speaks during a town hall meeting … [+] at Grinnell College, Monday, Nov. 4, 2019, in Grinnell, Iowa. (AP Photo/Charlie Neibergall)
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2019 Purpose Prize winners Georgette Bennett, Paul Leon, Shirley Acevedo Buontempo, Sister Edna … [+] Lonegran, Wintley Phipps AARP Ten-year-old Shirley Acevedo Buontempo didn’t speak a word of English when her family emigrated to the United States from Puerto Rico in 1973. Seven years later, she was the first in her family to go to
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A new study has shown that high intensity exercise improves memory in seniors. Getty High-intensity treadmill workouts may not immediately spring to mind when considering a suitable exercise regimen for seniors. But, according to a new study, these workouts can significantly boost memory function by up to 30%. Researchers from McMaster University in Ontario, Canada
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health insurance concept – stethoscope over the money on the table Getty Many people know that Health Savings Accounts (HSA) are a great way to pay for qualified medical expenses with their triple-tax advantage features. However, what many people might not know is that there is an IRS loophole that will allow you flexibility in
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The rising sun illuminates the United States Capitol Building in September in Washington, DC. Samuel Corum | Getty Images News | Getty Images Medicare beneficiaries would get dental, vision and hearing coverage if several bills now before Congress pass. In addition, the government would get authority to negotiate prices with drugmakers and create a cap
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Women concerned about how to make their money last in retirement will want to tune in to the latest episode of the new Friends Talks Money podcast (available on all major streaming platforms and on Friendstalkmoney.org). The reasons making money last is especially important for women: they tend to live longer than men and are
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