Advisor News

Hello, Toni: My husband, Jay, retired six years ago when he turned 65. I spoke with a representative at the Social Security office and asked if Jay would receive a penalty for delaying enrollment in Part B. The rep said he would not, but that Jay will need to provide evidence that he has been enrolled in my employer health insurance. Hi Shirley: I have good news for you…

Wealth management giant Vanguard is moving into a newly built 91- acre campus in University City after managed health insurance company Centene abruptly backed away from its billion-dollar plans to locate there in 2022.. What happened with the Centene deal. In 2020, St. Louis- based Centene detailed plans to build its East Coast headquarters in Charlotte and…

Americans’ “magic number” for retirement is surging to an all-time high – rising much faster than the rate of inflation while swelling more than 50% since the onset of the pandemic.

One of your important sources of retirement income will likely be Social Security— but when should you start taking it? You can start collecting Social Security benefits at 62, but your checks will be considerably bigger if you wait until your full retirement age, which is likely between 66 and 67. However, if you have adequate financial resources to meet your…

The S&P 500 jumped 10% in the first quarter, its largest gain since the first quarter of 2019.. A combination of strong earnings, a buoyant economy, and anticipation of interest-rate cuts from the Federal Reserve sparked the move. David Solomon, CEO of Goldman Sachs, which adjusted its stock Conviction List.

In a year where more Americans are reaching 65 than ever before, lingering economic concerns are casting a shadow over many workers’ retirement prospects.

NEW YORK– Wall Street set more records Thursday as U.S. stocks coasted to the close of their latest winning month and quarter. It's leaped as the U.S. economy has remained remarkably solid despite high interest rates meant to get inflation under control. And with inflation hopefully still cooling from its peak, the Federal Reserve has indicated it will likely cut…

–Securities fraud in environmental, social and governance policies is being committed in Mississippi by investment giant BlackRock, says the state in a cease and desist letter. Mississippi Secretary of State Michael Watson, with jurisdiction over securities, gave the company 30 days to respond to his office's Wednesday letter. "You've got a company with…

“Now, the demand for clean energy is being amplified by something else: a focus on energy security,” Mr. Fink wrote.“ I’ m hearing more leaders talk about decarbonization and energy security together under the joint banner of what you might call‘ energy pragmatism.’”. The messaging shift on a contentious issue that conservatives assail as“ woke capitalism” comes after…

House Republicans released a new budget proposal that would raise the Social Security retirement age, restructure Medicare, ban abortion and threaten fertility treatments. On Social Security, the RSC budget plan proposes "modest adjustments to the retirement age for future retirees to account for increases in life expectancy," but does not specify what that…

One of your important sources of retirement income will likely be Social Security- but when should you start taking it? You can start collecting Social Security benefits at 62, but your checks will be considerably bigger if you wait until your full retirement age, which is likely between 66 and 67. However, if you have adequate financial resources to meet your…