The NBA’s King James and other professional athletes and entertainment personalities don’t have to pay much into Social Security. Why? The annual earnings cap.
Investors face 2 major r risks: risk to principal and risk to purchasing power. Savers are more concerned about one, and investors are more concerned about the other.
The National Reverse Mortgage Lenders Association reports that America’s seniors have $5.83 trillion in home equity, which is 16% more than the pre-recession peak.
The lack of a cost-of-living increase for Social Security recipients in 2016 also means that the majority of Medicare beneficiaries will not have an increase in the Medicare Part B premiums this year.
Along with financing current living expenses, taxes, insurance and staying current on loan payments, the household budget needs to allocate funds to investing for future life goals.
A fiduciary is defined as anyone named to manage money or property for someone else. Family caregivers, while not professional fiduciaries, still have strict guidelines for their conduct.
People with student debt are taking longer to find that career job that’s going to pay enough to contribute to a 401(k).
If you can still file under Social Security’s old rules for couples, do it. It’s worth big money.
Veteran Social Security analyst says Sanders is wrong — raising the cap won’t work.
The IRS, Federal Trade Commission and Social Security Administration are taking steps to protect consumers from identity theft.