Former Florida congressman David Rivera hired by Venezuela arrested

A $1 million nest egg may still let you retire on schedule, but don't expect to give up your Costco card. Americans have, on average, just over $140,000 stashed away for their retirement, according to a study by investment firm Vanguard. But do you need to save one million dollars or more to afford retirement, or can you enjoy your golden years without seven figures in the bank? As…

Maybe inflation isn’t all bad. Social Security checks are going up 8.7%, you can buy a 1-year CD earning 4.5% interest, and (for those who aren’t spending every last time on more expensive groceries) we are seeing a big jump in retirement contribution limits for 2023. To summarize: 401(k), 403(b), 457 plans: Under age… The post Bigger and Better 401(k) and IRA Contribution…

The first is that she wanted to continue living in San Francisco, the city where she grew up and where she works in internal communications for Twilio, a software development company. They are also more likely to be unbanked, or without a bank account, and to work in lower-paying jobs without pensions or retirement savings plans, explained Judy Chapa, a financial…

A: Phase 3 Advisory Services, Ltd., is a wealth management company, which is another way to say that we are a full-service, financial planning firm. Basically, I work with people who are looking for someone who can help them solve their financial puzzles. They have some retirement savings, but they're concerned it's not enough.

José Luis -58 years old, father of a family, employee of a transport company- has been unable to sleep for many months. José Luis is not really called José Luis. The alleged scam is already in the hands of a Madrid court, which last month admitted the complaint in which he attributes five crimes to the financial services platform Fincloud, with which he made the…

NEW YORK- In the end, it wasn't a last-minute smoking gun but a prosecutor insisting that evidence shows Donald Trump was aware of a scheme that his Trump Organization's executives hatched to avoid paying personal income taxes on millions of dollars worth of company-paid perks. After telling jurors on Thursday that Trump "knew exactly what was going on" with the…

Controversial US lawyer Michael Avenatti was sentenced Monday by a court in the city of Santa Ana to 14 years in prison for tax fraud, embezzlement and misappropriation of millions of dollars from four of his clients. "Michael Avenatti was a corrupt lawyer who claimed to fight for the individual, but only cared about his own selfish interests," said U.S. Attorney…

WASHINGTON, DC.- Hackers with ties to the Chinese regime stole at least $20 million in U.S. dollars by fraudulently obtaining funds from the COVID-19 pandemic economic assistance, Secret Service sources revealed. According to the Secret Service, it is a "Chinese state-sponsored cyber threat group highly skilled at carrying out espionage missions and…

Assemblywoman Annette Quijano speaks in support of a bill she sponsored that would forbid car insurance companies from basing rates on factors like education, occupation, and credit scores during a press conference at the Statehouse in Trenton on Dec. 5, 2022. (Dana DiFilippo | New Jersey Monitor)With car insurance premiums set to rise Jan. 1 for more than a million drivers…

According to a new study, the number of millionaires in the U.S. is on the rise, but a growing number of seven-digit earners are not confident they will be able to afford retirement. A report by Natixis Investment Managers released in October surveyed 8,550 people in 24 countries and found that in the United States, 35% of people with over a million dollars, over a third of…

The FINRA Investor Education Foundation released a report,“ Testing Positive: The Financial Strain of COVID-19”, which investigated the correlation between financial strain and the COVID-19 pandemic. During this time, the Delta variant was taking hold of the U.S., according to the Centers for Disease Control and Prevention. According to their report,“ the more…

“Even among an extremely partisan House, there’s some pressure from their members that say 'hey we can’t just do nothing forever.'" (Photo: Hugh Jackson)Policy, politics and progressive commentary A divided Congress next year notwithstanding, there are some public health measures that a Republican-controlled House and a Democratic-controlled Senate could agree upon — or at…

Why so sad, George? (Image by Chuck Savage/Getty Images/The Conversation).By Edouard Wem In any other time, the jobs news that came down on Dec. 2, 2022, would be reason for cheer. The U.S. added 263,000 nonfarm jobs in November, leaving the unemployment rate at a low 3.7%. Moreover, wages are up – with average hourly pay jumping 5.1% compared with a year earlier. So why am I not…

Medicare recipients who take insulin will be the first to benefit from the drug pricing provisions in the Inflation Reduction Act. Additional drug costs will start to decrease in 2026. (Photo by Joe Raedle/Getty Images)Starting next month, a $35 cap on insulin prices will go into effect for millions of Medicare recipients. The lower pricing is one of the first of several policy…

Michael Avenatti in 2018 Michael Avenatti is to be sentenced Monday at 9 a.m. in Santa Ana, California, for a years-long financial fraud that victimized clients and included tax and bankruptcy crimes related to his law firm and failed coffee shop venture. You can follow the sentencing live on Twitter through reporter Meghann Cuniff. It’s the potential end of a long cross-country…

According to the latest data from the Chilean Insurers Association, between January and October of this year, car thefts reached 13,962, 67.6% above the 8,330 in the same period of 2021. The 10 vehicles with the highest thefts represent 32% of the total of these crimes, and in them there are 4 Nissan models, 3 Kia, in addition to Ford, Toyota and Mitsubishi.

Some worry that tens of thousands of low-income Tennesseans could be unjustly dropped because of the state's historical reliance on complicated hard-copy forms and the postal system.

Jordan C. Larkins, 32, of Franklin, was sentenced Wednesday by U.S. District Judge Zahid N. Quraishi in Newark.

"Bankman-Fried's estimated fortune went from $17 billion to less than $1 billion in days. In addition, " Alameda Research, FTX and FTX U.S. filed for bankruptcy on Friday, Nov. 11, and Bankman-Fried resigned as CEO the same day.," he noted. Among those who have lost almost their entire fortune in the course of a few days or weeks are investor Adolf Merckle, once one of…