Here is some information regarding the recently passed CARES Act. Economic Impact Payments:The distribution of economic impact payments will begin in the next three weeks and will be distributed automatically, with no action required for most people. Social Security beneficiaries who are not typically required to file tax returns will not need to file to […]
The best place to retire in the United States is in dispute. There’s no formal debate, but a review of reliable publications showed surveys have named different states and cities as the “best” place to retire. For instance:
• Iowa was #1 in a best places to retire survey cited by Yahoo! Money.1
• Fort Myers, Florida was #1 in the ranking from U.S. News & World Report.2
• Athens, Georgia was the first name on a list of 25 places that are all the best, according to Forbes.3
• Catalina Foothills, Arizona topped Money.com’s list of eight equally best places to retire.4
In 2019, Kiplinger offered a list of the 50 best places to retire. There was one in each state.5
It begs the question, doesn’t it? How can there be so many ‘best’ places to retire?
Not everyone is financially prepared for retirement. Earlier this year, the Employee Benefit Research Institute estimated almost 41 percent of American households will run short of money in retirement. That’s an improvement over 2014 when almost 43 percent of 35- to 64-year-olds were unprepared.
Since 2011, the number of Americans owning smartphones has increased from 35 percent to 81 percent, although there remains a significant digital divide, demographically. A Pew Research survey found the vast majority of younger Americans rely on smartphones, while just 53 percent of the 65-and-over crowd use the devices.1 Americans who have embraced the technology […]
On December 17, as part of a broader 2020 fiscal year appropriations bill, the U.S. Senate voted in favor of the Setting Every Community Up for Retirement Enhancement (SECURE) Act. President Trump signed it into law on December 20.
Are you prepared to take your first required minimum distribution (RMD) from your retirement account? Learn how to calculate your RMD in 5 easy steps.
The world is becoming smarter and more connected all the time – and that has serious implications for people who want to protect their personal data and their privacy. If you’ve been enjoying the convenience of smart utilities and appliances, make sure you also take the steps necessary to protect yourself and your loved ones from cyberthreats.
Americans expect to spend $8.8 billion on costumes, decorations, candy, and other Halloween purchases, according to the National Retail Federation.1 That’s enough money to purchase the New England Patriots ($3.8 billion), the Los Angeles Dodgers ($3.3 billion), the Hannah Montana franchise ($1 billion), Balmoral Castle in Scotland ($140 million), a private jet ($150 million), and […]
The simple answer is probably. Historically, the American economy has grown in fits and starts, otherwise known as recessions and expansions. As a result, it is likely there will be another recession in the United States. What are recessions? When gross domestic product (GDP), which is the value of all goods and services produced in […]