Federal regulators are taking yet another crack at extending a fiduciary rule to annuity sales, this time with tighter messaging and full-throated White House backing.
In this sneak peak from the Action Alerts PLUS investing club, team member and technical analyst Bob Lang explains the key clues the bond market holds about the Federal Reserve, markets and more. BOB LANG: Well, when yields rise, J.D., it means borrowing costs are much more expensive, and it costs more money to buy a house, to get a loan. I think not only– when you talk about…
SAN FRANCISCO– One year ago, billionaire Elon Musk walked into Twitter' s San Francisco headquarters with a white bathroom sink and a grin, fired its CEO and other top executives and began transforming the social media platform into what is now known as X. X looks and feels something like Twitter, but the more time you spend on it the clearer it becomes that it's…
Many younger Americans believe that financial stability is a stronger determinant of personal happiness than the person they marry, a recent study finds.
If you've invested in an IRA for many decades, it may well turn into a key source of income for your retirement. Still, you might not deplete your IRA in your lifetime, especially if you also have a pension or a 401 and other investment income. So, if your IRA still has sizable assets after your passing, it would likely end up in your estate plan.
When is a $1.47 million retirement fund not actually $1.47 million? Many baby boomers also have pensions and Social Security, two leading sources of income that people tend to overlook and fail to consider how these will affect their tax rate. There is no doubt that a 40 i is one of the best savings vehicles for retirement; however, while a $1.47 million balance is…
Williams, 33, pleaded guilty to 15 felonies, which included misusing Social Security numbers, making false statements to the IRS, and wire fraud. She also used Social Security numbers that did not belong to her to open accounts with credit card companies and banks, causing financial losses to victim companies. Furthermore, Williams opened bank accounts using…