Blog

Baseball’s $300 Million Players

Blogs
Personal Finance

Even ballplayers prepare for their financial future. The San Diego Padres signed infielder Fernando Tatis, Jr., to a 14-year, $340 million contract roughly one year after the Los Angeles Dodgers inked outfielder Mookie Betts to a 12-year, $365 million deal. That brings the total to 8 baseball players who have signed long-term, $300+ million contracts.1 […]

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Happy Mother’s Day!

Blogs
Lifestyle

Mother’s Day will be on Sunday May 9, 2021.  It’s the time to honor the people in our lives who have nurtured us and to help make us who we are. Think about how you might celebrate it with the moms in your life. Sometimes it’s something as simple as a heartfelt note that means […]

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What in the World Are NFTs?

Blogs
Economy

A Look at Non-Fungible Tokens Non-fungible tokens, or NFTs, have been the recipient of the latest buzz. NFTs are digital files attached to blockchain codes. If you know anything about digital currencies, you’re probably aware that these blockchain codes are what identifies a digital “coin” and makes it tradeable to those who accept that sort […]

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CEO of $2 Billion Startup Ousted for Taking LSD at Work

Economy
News

Justin Zhu, co-founder of Iterable, said he was trying microdosing as a way to boost focus. Marketing startup Iterable Inc. dismissed its chief executive officer over violations of company policy, Iterable said in a note to employees on Monday. The fired CEO, Justin Zhu, said the board’s chief reason for ousting him was that he took LSD, […]

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It’s Time to Knock the Toilet Off Its Pedestal

News
Technology

The flush toilet may be the world’s gold standard for sanitation, but the sewer infrastructure it demands is inefficient, costly and outdated. When people bother to think seriously about sanitation infrastructure, they tend to laud it. In 2007, the British Medical Journal’s readers crowned the sanitary revolution “the most important medical milestone since 1840.” In 2018, the readers […]

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5 Things to Stop Saying to Your Dog, According to Trainers & Vets

Lifestyle
News

Ask just about any dog trainer or veterinarian and they’ll tell you reward-based training is best for canines. It makes sense. Treats are better incentives than a pat on the head (or nothing at all). Of course, all dogs are unique and it’s wise to explore a variety of methods to see which ones your […]

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“Green Shoots” in the Economy

Blogs
Economy

Some examples to consider.  Investors looking for “green shoots” to confirm that the economy is on the mend have seen plenty of examples in recent weeks. Retail sales rose 9.8% in March, the largest monthly gain since May 2020. It’s important to remember that purchases at stores, restaurants, and online are among the biggest drivers […]

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New Investors Discover Tax Pitfalls of Robinhood and Other Trading Apps

News
Tax

With 2020 tax bills coming due, a wave of new retail traders are waking up to the fact that it can be difficult, and often impossible, to make tax-minimizing moves on new brokerage platforms such as Robinhood, Webull, SoFi, Uphold and Public.com. Some don’t allow trading within tax-favored retirement accounts such as IRAs. Traders can […]

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Biden Wants Student Loan Cancellation 3 Ways

Economy
News

This is how President Joe Biden is thinking about student loan cancellation.  Here’s what you need to know. Student Loans During testimony in the U.S. Senate today, Biden’s nominee for Undersecretary of Education, James Kvaal, revealed Biden’s approach to student loan cancellation. According to Kvaal, Biden has three pillars for student loan forgiveness:   Student loan […]

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Billions of Cicadas to Emerge in Eastern US

Lifestyle
News

Get ready for early May or thereabouts, when Brood X cicadas are expected to emerge from underground across the eastern US. The large-scale event happens every 17 years. Love is in the air this spring in the eastern United States, where billions of cicadas will soon appear in the biggest emergence event since 2004. The […]

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The Call for a Minimum Global Corporate Tax

Blogs
Economy
Tax

Yellen wants to help the U.S. raise sufficient revenue In a speech to the Chicago Council on Global Affairs, U.S. Treasury Secretary Janet Yellen has called for a minimum corporate income tax that would be shared by countries all over the world.1 The decrease of corporate tax rates around the world has led to what […]

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What to Do With Your 401(k) When You Retire

News
Personal Finance
Tax

Here’s how to manage your 401(k) savings after you retire. New retirees need to decide what to do with the money in their company-sponsored 401(k) plan. You can generally maintain your 401(k) with your former employer or roll it over into an individual retirement account. IRAs maintain the tax benefits of your 401(k) plan and give you more […]

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Does The Fed Need More Diversity?

Blogs
Economy

KEY POINTS “The Federal Reserve System … has a diversity problem,” a Brookings Institution report released Tuesday said. The report notes that in the central bank’s history, there have been just three Black members of the Fed’s board of governors, one Black regional president and only three nonwhite regional presidents overall. The Federal Reserve has […]

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Social Security Adds New Guidelines to Online Statements

News
Retirement

The agency includes new fact sheets that target different age groups and special situations, such as eligibility for benefits. The Social Security Administration is stepping up its outreach efforts to working Americans of all ages by including fact sheets with new guidance when workers access their estimated benefits statements online. It is a welcome change […]

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Paying for the American Jobs Plan

Blogs
Economy
Tax

The proposal does not yet include any new taxes on individuals. President Joe Biden introduced the much-anticipated American Jobs Plan, which outlines an approach to spend roughly $2.2 trillion on the nation’s infrastructure and other projects. As part of the legislative process, the Biden administration also laid out a proposal for paying for the domestic […]

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Think Twice Before Laminating Your Vaccine Card

Lifestyle
News

Vaccine eligibility in the US is expanding quickly, and so is the popularity of the Centers for Disease Control and Prevention’s little white card. While plans to establish standardized vaccination proof are still being developed, many are holding to their Covid-19 vaccine cards as a potential form of social currency. And companies, like Staples and Office Depot, are […]

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When Do You Become a Senior Citizen?

Lifestyle
News

Here’s how to tell if you have reached senior citizen age. THERE IS NO CLEARLY defined age when you become a senior citizen. Some people might consider themselves seniors when they retire from the workplace, sign up for Social Security or begin to spend their retirement savings, but others aren’t ready to call themselves a senior […]

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Change These TV Picture Settings Now (You’ll Thank Us Later)

News
Technology

From choosing the best picture mode to tweaking contrast, brightness, sharpness and more, here’s how to get maximum quality out of your TV. With a few easy tweaks of its picture settings, your TV can look better than it does right now. From the cheapest LCD to the most expensive OLED and MicroLED displays, changing a few settings will improve picture […]

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Tips for Using Mulch in Your Yard

Lifestyle
News

Sure, mulch can help control weeds, improve soil quality, reduce moisture loss, cool soil temperature, and—drum roll—make your yard look more manicured and groomed. But, that doesn’t mean it doesn’t come without its questions every spring. When’s a good time to drop mulch? How much mulch do I really need? Should I remove old, dried-up mulch […]

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The Shred Party

Blogs
Personal Finance

What should you get rid of and hold on to? When and why? If a shred party happens to spring up in your area, you may want to mark your calendar. For many years, shred parties, where a business or organization hosts clients or the public to the use of giant paper shredders, have presented […]

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A Dream Mortgage – The Bank Pay You!

Economy
News

With Negative Rates, Homeowners in Europe Are Paid to Borrow Money Her interest rate fluctuates, but right now it is around minus 0.25%. So every month, Ms. Santos’s lender, Banco BPI SA, deposits in her account interest on the 320,000-euro mortgage, equivalent to roughly $380,000, she took out in 2008. In March, she received around […]

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The Emergence of ESG Investing

Blogs
Personal Finance

How generational and societal change is influencing companies and the markets. ESG: what does that acronym stand for? Those three letters stand for “Environmental, Social, and Governance” and signify an investment that has particular merit to investors of all ages. A recent Morgan Stanley Bank survey found that almost 90% of millennials would prefer to […]

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Meet Gen C, The Covid Generation

Economy
News

How we define recent generations Defining a generation isn’t easy, and sometimes the names we use change over time. Here’s how generations have been defined over the past century: The Silent Generation: Born 1925-1945 Baby Boomers: Born 1946-1964 Generation X: Born 1965-1980 Millennials: Born 1981-1996 Gen Z: Born 1997-? (no endpoint set) Gen C: ?* *While some experts are using the term […]

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DPN vs VPN: What’s the Difference?

News
Technology
Uncategorized

Decentralized private networks offer the benefits of VPNs, but with additional advantages that exclude a central point of control. The internet has undoubtedly revolutionized the way we live. It has changed how we work, access information, travel, communicate and interact with each other. Along with it comes a greater level of freedom that we enjoy […]

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CDC Likely To Extend Eviction Moratorium

Economy
News

The Centers for Disease Control and Prevention has taken a key step toward extending an order aimed at preventing evictions during the ongoing COVID-19 outbreak. The CDC order is currently set to expire in less than 2 weeks. Housing advocates have warned for months that allowing this protection for renters to lapse would spark a […]

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These Apartments Offer Health Care With Your Lease

Economy
Lifestyle
News

6,000 residents now have access to free telehealth through their residence, not their job. For most Americans, health coverage is tied to their employment. That means millions of people are uninsured or underinsured—especially during a pandemic that has seen 6 million people directly lose their employer-based coverage. What if you could access a healthcare plan through something […]

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Investing During Periods of Inflation

Blogs
Economy

What does inflation mean for your investments? In August of 2020, the Fed announced that it is willing to allow inflation to run higher than normal in order to support the labor market and broader economy. This major policy shift allows inflation to run above the Fed’s 2% goal for some time before the Fed […]

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IRS to Push Tax Filing Deadline to May 17

News
Tax

The tax filing deadline for taxpayers will be pushed back from April 15 to May 17, the Treasury Department and the Internal Revenue Service announced Wednesday. The one-month extension applies both to filings and payments, and is only for federal income taxes, not state income taxes. “This continues to be a tough time for many […]

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Biden Planning First Major Tax Hike Since 1993

News
Tax

President Joe Biden is expected to propose a number of tax increases in the first major federal tax hike in nearly 30 years to pay for the long-term economic program that will follow the COVID-19 response bill, according to a new report. Sources reportedly told Bloomberg that provisions currently under consideration include raising the corporate tax rate to 28 […]

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COVID-19 Relief Package: What’s in It for You?

Economy
News
Tax

The third stimulus package includes a slew of financial lifesavers for individuals and families. AS YOU ARE PROBABLY well aware, a $1.9 trillion coronavirus relief package, known as the American Rescue Plan, aims to help individuals and families throughout the country as well as state and local governments. It’s chock full of financial lifesavers such […]

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Children Who Don’t Listen to Their Parents Make Higher Salaries

Lifestyle
News

Children who have a tendency to break the rules are likelier to earn more than their peers Children who don’t have a habit of listening to their parents might be happy about what that means for them, Fatherly reports. Citing a 2015 study published in the journal Developmental Psychology, the publication suggests that “particularly stubborn kids frequently grow into […]

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A Look at SPACs

Blogs
Economy

Special interest acquisition companies are making headlines.  What are SPACs, and why is Wall Street talking about them? Special interest acquisition companies (SPACs) are not new, but they are much more prevalent than they once were. In 2020, there were ten times more SPAC transactions than there were in 2016.1 SPACs are public companies created […]

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Sorry, You May Have to Return Your Stimulus Payment to the IRS

News
Personal Finance

Here’s why and how Certain circumstances could put some people in the uncomfortable position of having to send back some or all of a stimulus payment. Here’s how to find out if you’re one of them Tax season is not only the time to claim your tax refund but also this year when you file for any stimulus money you […]

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COVID-19 Travel Insurance Becoming a Vacation Mandate

Lifestyle
News

COVID-19 insurance policies are increasingly joining passports and sunscreen as vacation staples, creating opportunities for insurers as more countries require mandatory coverage in case visitors fall ill from the coronavirus. Airline bookings are on the rise in some regions, driving cautious hopes of a revival in summer traffic, but also raising fears among tourist destinations […]

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IRS Initiates ‘Operation Hidden Treasure’ to Root Out Unreported Crypto Income

News
Tax

The U.S. Internal Revenue Service (IRS) appears to be stepping up its enforcement capabilities with a new program dedicated to cryptocurrency tax compliance.  With “Operation Hidden Treasure,” the IRS will search for unreported crypto-related income, according to Director of the Office of Fraud Enforcement Damon Rowe. Speaking at a Federal Bar Association virtual tax conference, […]

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Spotlight Shifts to Bonds

Blogs
Economy

What to know about interest rates and yields.  One time-tested principle of investing is, “when bond yields move higher, bond prices tend to move lower.” Investors are doing a “double take” on the 10-year Treasury yield, which recently topped 1.5% — its highest level in about a year. With the increase in yield comes a […]

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“Ultra-Millionaire” Wealth Tax Bill – What You Need To Know

Economy
News

Sen. Elizabeth Warren (D-Mass.) on Monday introduced a bill in the Senate that would impose a new tax on the assets of America’s wealthiest individuals. Why it matters: The plan, which Warren introduced along with Reps. Pramila Jayapal (D-Wash.) and Brendan Boyle (D-Pa.) is similar to a proposal that was the centerpiece of Warren’s campaign for the presidency in 2020. […]

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Zillow Estimate Prices Are Now Cash Offers to Buy

Economy
News
Personal Finance

Zillow is making cash offers on houses using its ‘Zestimate’ home value tool Initial cash offers based on Zestimates are only available in 20 cities Zillow is using its “Zestimate” to make cash offers on houses. The real estate listing website announced Thursday that its Zestimate — Zillow’s home value estimation tool — could be considered an […]

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“Excelsior Pass” Being Tested to Attend Arena Events

Lifestyle
News
Technology

Gov. Andrew Cuomo has announced that the “Excelsior Pass” is being tested again at tonight’s Rangers game at Madison Square Garden. Here are four things you need to know about the program, according to the governor’s office: Excelsior Pass uses proven, secure technology to confirm an individual’s vaccination or a recent negative COVID-19 test through […]

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Hidden Gmail Features

News
Technology

Get a better handle on your Gmail inbox with these must-have tips and tricks that will turn you into an email pro. If you use Gmail daily on a computer for work or personal use — or both at the same time as I do — are you making the most of Google’s email client? Gmail has a host […]

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Changes to Paycheck Protection

Blogs
Economy
Personal Finance

Information for small business owners to consider. On Monday, Feb. 22, the White House announced several changes to the Paycheck Protection Program (PPP) that went into effect on Wednesday, Feb. 24. These changes are intended to further target “the smallest businesses and those that have been left behind in previous relief efforts.”1 If you’re a […]

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Job Searching Will Be Different in 2021

News
Personal Finance

What’s different and how can you adapt your search? I know everyone is tired of hearing the words “unprecedented” and “2020” together. So I’m going to say that this last year was…extremely unordinary. And it’s probably safe to say that many of us are eager to put 2020 in the rearview mirror. The coronavirus pandemic […]

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Resume Mistakes That Make You Look Weak

News
Personal Finance

Oftentimes, hiring managers must sift through hundreds of resumes before finding at least a few good ones. At the same time, coming across the really bad ones can be relieving, because it means they can discard it and quickly move on to the next. Peter Yang the CEO of a resume writing company and former hiring manager at major companies, including […]

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Questions To Ask During A Leadership Job Interview

News
Personal Finance

The hiring process has changed drastically over the past year, with the new normal seeing interviews and assessments occurring remotely. This has taken time getting used to for both candidates and recruiters, even though there are still the same boxes to tick. Asking a question during an interview can often feel daunting, especially over a […]

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What to Do After a Final-Round Job Interview

News
Personal Finance

Summary: The waiting period between your final interview and the company’s decision can be stressful. What should you do while waiting to hear if you got the job? And how can you avoid ruminating about the position? As tempting as it may be to reach out to the hiring manager — especially if you thought […]

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Economic Predictions: What Lies Ahead?

Blogs
Economy

Here’s what the financial forecast may have in store. It can be easy to overlook the nation’s solid economic fundamentals when the financial media splashes stories every day about an army of amateur traders, short-selling mania, and initial public offerings (IPOs) that double in price on the first day of trading.   But a recent […]

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Do You Dare Not Return to the Office?

Economy
News
Technology

Zillow’s CEO is warning that the future of work could create a ‘two-class system’ where those who come into the office are viewed as better employees Highlights: Zillow CEO Rich Barton discussed the future of work during the company’s Q4 earnings call. A hybrid model could create a “two-class system” that negatively impacts remote workers, […]

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How to Value a Company for Investment?

Economy
News
Personal Finance

The Capital Asset Pricing Model is by no means a perfect theory. But the spirit of CAPM is correct. It provides a useful measure that helps investors determine what return they deserve on an investment, in exchange for putting their money at risk on it. No matter how much you diversify your investments, some level […]

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95% Of People Can’t Pronounce BMW Or Many Other Car Companies Correctly

Lifestyle
News

According to a survey of UK motorists, nearly 95 percent of people have been pronouncing the name of car manufacturer BMW wrong. Now, car manufacturers being from all around the globe can throw up a few mispronunciations on occasion – Porsche vs Porsch-ha, for just one example. It’s Porsch-ha, by the way. However, BMW should be one of the easier ones, […]

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Budgeting For Beginners

Blogs
Personal Finance

  Getting started with your household budget. Budgeting towards needs and goals. One of the objectives of creating a household budget is that, as time moves on and the various household members advance in their careers, they are likely to make more money. Knowing where that money goes can help direct that money to not […]

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Vaccine Passports?

Economy
Lifestyle
News

The notion of vaccine passports is gaining steam around the world.  These European countries are launching now. It’s becoming clearer that in the not-too-distant future, international travelers will require some sort of vaccine passport or vaccine certificate, as a growing number of countries get behind the idea. The appeal is that these documents would allow […]

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Crowdfunding: What You Need to Know

Economy
News
Personal Finance

Crowdfunding is a way for people, businesses and charities to raise money. It works through individuals or organizations who invest in (or donate to) crowdfunding projects in return for a potential profit or reward. Investing this way can be risky, so make sure you know what you’re doing. What is crowdfunding? If a company or […]

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Features That Determine a Home’s Final Sale Price

News
Personal Finance

Home prices shot up in 2020 and many experts expect them to continue climbing. While this growth is largely driven by limited inventory amid a national homebuying frenzy, there are many individual factors that determine a home’s value. “Some of the most substantial factors that affect the property [price] are about the property itself, such […]

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You Need to Walk This Many Minutes a Day to Stay Healthy

Lifestyle
News

You often hear about how important it is to get exercise in daily, whether that be an at-home workout or lifting weights. Perhaps, even more frequently as of late, you hear about the importance of stepping away from your work from home station to stretch your legs and get moving. Now more than ever, in […]

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Do Our Biases Affect Our Financial Choices?

Blogs
Personal Finance

Even the most seasoned investors are prone to their influence.  Investors are routinely warned about allowing their emotions to influence their decisions. However, they are less routinely cautioned about their preconceptions and biases that may color their financial choices. In a battle between the facts & biases, our biases may win. If we acknowledge this […]

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18 Believe It or Not Tax Breaks

News
Tax

Your fellow taxpayers have successfully claimed write-offs for many things that most of uswouldn’t even imagine. But be careful if you plan on following their lead. As you struggle with your tax return, trying to come up with some extra deductions to pump up your refund or reduce what you owe, don’t you sometimes think […]

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What Is a Stock Buyback?

Economy
News
Personal Finance

Key Takeaways A stock buyback occurs when a company purchases outstanding shares of its own stock with excess cash or borrowed funds. A buyback increases the value of outstanding shares by reducing the number of total shares on the market, which increases the earnings per share (EPS). One alternative to repurchasing shares of its own […]

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Accidental Insider Trading Happens and It’s an Expensive Mistake

Economy
News
Personal Finance

Insider trading seems like it should be black and white — if you don’t use secret stock tips to make a quick buck, you should be good to go. But what about doing it unintentionally? The pandemic has caused millions of people to work remotely, often within earshot of roommates, relatives and spouses. Gone are […]

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What s Short Selling?

News
Personal Finance

By now, you’ve probably heard that an army of amateur investors ganged up on short sellers, causing them painful losses while sending shares of the beleaguered retailer GameStop soaring. You also may be asking, OK, but what is short selling? Short selling has nothing to do with summer wear or workout gear. It’s a common but controversial […]

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1099 Forms

Blogs
Tax

Explaining the many types of 1099 forms and their uses. What is a 1099 form? This is a record of payment from an individual or entity, showing a payment, generated for your records. The individual/entity sends a copy to both the payee as well as the I.R.S.1 Who might be sending 1099s? Clients send their […]

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Tax Issues to Consider If You Tapped Your Retirement Accounts in 2020

News
Personal Finance
Tax

If you pulled money from your 401(k) plan or individual retirement account last year to get through tough times, now is the time to consider next steps. Millions of Americans tapped 401(k) and IRA balances to access emergency cash amid the Covid pandemic, as allowed under the federal CARES Act. The federal CARES Act that […]

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6 Surprising Benefits of Not Retiring When Your Spouse Does

Lifestyle
News
Personal Finance

Couples can reap substantial rewards by staggering their retirement timing. When you have a partner, you might assume that you need to make sure you retire in lockstep. After all, what’s the good of having a retirement if your beloved isn’t right there with you? As it turns out, there are actually some benefits associated […]

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What Are SPAC’s and Why Are They So Hot

Economy
News

Wall Street has no shortage of curious acronyms, but here is one you have likely been hearing more and more of: SPACs. Special Purpose Acquisition Companies have actually been around for decades, but are suddenly proliferating like, well, a global virus. Sometimes called “blank check” shell corporations, SPACs are designed to take companies public without […]

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Aging-in-Place

News
Personal Finance

Senior housing occupancy hits record lows which suggests more seniors are staying home and getting help from home-based providers Senior housing occupancy in the U.S. hit a record low in the fourth quarter of 2020, according to the National Investment Center for Seniors Housing & Care (NIC). The record downturn is further proof that seniors […]

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Outlook 2021: Bond Prices

Blogs
Economy
Personal Finance

Information you should know.  The 10-year Treasury yield has climbed higher since the New Year, which means that some bond prices are dropping. You may have seen the headlines that say, “10-Year Yields Over 1%.” For some, the first time they experience a change in bond prices is when they open their monthly statement and […]

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WhatsApp Announced it Would Force Users to Share Personal Data With Facebook

Lifestyle
News

WhatsApp’s rivals got a massive boost after the messaging app announced last week that it would make users share some personal data with its parent company, Facebook. Summary: • Signal downloads skyrocketed 4,200% after WhatsApp announced it would force users to share personal data with Facebook. • Signal is top of both Google and Apple’s app […]

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Your Roth IRA Can Help You Buy a Home This Year

News
Personal Finance

Your dream of homeownership may be closer than you think with this Roth IRA exception. If you’ve been faithfully contributing to your Roth IRA account, the IRS is giving you a bonus: The ability to use funds to build or purchase a new home without incurring taxes or penalties. If you qualify, you can make your homeownership […]

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Is Your Car Lease Ending?

News
Personal Finance

Here’s How You Could Turn A Profit On The Deal One of the major arguments against leasing a car is that, unlike a vehicle that’s purchased and financed outright, at the end of the term you turn it in to the dealer and walk away with no equity. But that’s not always true. In fact, […]

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IPO Craze, Checks the Boxes of Next Bubble

Economy
News

The IPO market is manic. Stocks haven’t been this expensive since the dot-com era. The Nasdaq 100 has doubled in two years, leaving its valuation bloated — all while volatility remains stubbornly high. It’s a setup that’s left investors sitting on fat returns from 2020, a year that defied easy explanation. It’s also one that […]

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IRS Delays Start of Tax Filing Season

Blogs
Personal Finance
Tax

The IRS is pushing back the beginning of the 2020 tax season to Feb. 12. The IRS is delaying the start of the 2020 tax filing season to Feb. 12, according to an announcement Friday from the agency. On that date, the IRS will start accepting and processing last year’s tax returns.  Normally, the agency […]

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Should You Carry Your Mortgage Into Retirement?

News
Personal Finance

Part of the rosy picture associated with retirement is the thrill of kissing that monthly mortgage payment good-bye—on the presumption you’ll have paid it off by then. Lately, there has been a shift in thinking that has seen many financial planners suggest that retirees continue to carry a mortgage into and throughout retirement. Reinvest the […]

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Mistakes To Avoid When Rolling Over A 401(k) To An IRA

News
Personal Finance
Tax

KEY POINTS Before you move your money, be sure you know the rules that differ between 401(k) plans and IRAs. If the rollover process is done incorrectly, it could be considered a distribution, which would make it subject to taxation and, possibly, an early withdrawal penalty. There are also some situations that call for caution […]

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How The Stimulus Check May Affect Your Taxes

News
Personal Finance
Tax

To date, 147 million second stimulus checks have been scheduled by the federal government.  If you don’t get yours, you can claim the money when you file your tax return.  That doesn’t necessarily mean you will get more money back from Uncle Sam. If you don’t receive your second stimulus check in your bank account or the […]

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What Is Non-Owner Car Insurance?

News
Personal Finance

Consider this: If you’re someone who often rents cars, you might want liability insurance to help protect your assets from an accident lawsuit, like your house and savings. That’s where non-owner car insurance comes in. It’s a good way for drivers who don’t own a car to get auto liability insurance. Liability coverage pays for […]

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Double Whammy – Paying Taxes on Mutual Funds with Losses

Blogs
Personal Finance
Tax

Owing taxes on mutual funds that lost money seems impossible…It’s not. Mutual fund investors may have to deal with some additional unpleasantness this tax season when they realize they may actually owe capital gains taxes on mutual funds that lost them money this year. Mutual funds—especially actively managed mutual funds—generate a lot of taxable events, […]

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New Visa Credit Card Offers Bitcoin Rewards Instead of Miles or Cash

Economy
News
Personal Finance

Visa Inc. is partnering with cryptocurrency startup BlockFi to offer a credit card that rewards purchases with Bitcoin rather than airline miles or cash.  Users of the Bitcoin Rewards Credit Card will receive 1.5% of their purchases back in the world’s most-valuable digital asset, and a lump sum $250 in the crypto-asset if they spend […]

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Will NFL Star Russell Okung Have Half His $13M Salary Paid in Bitcoins?

Economy
News
Personal Finance

Carolina Panthers offensive lineman Russell Okung believes in bitcoin. In May, Okung tweeted he wanted to be paid in bitcoins. Now, he’s trying to make it happen, though not through any help from the Panthers.  Okung himself even appeared to confirm the news, tweeting he had been “paid in Bitcoin.” The idea apparently means so much to him that […]

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Bitcoin Tops $40,000 for First Time

Uncategorized

Pushes cryptocurrency market value past $1 trillion  The digital coin hit an all-time high of $40,188 at around 1:15 p.m. ET, just a few hours after blowing past the $39,000 level, according to data from Coin Metrics.  Bitcoin was 13.1% higher from a day earlier. The cryptocurrency is up over 30% since the start of […]

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What’s the Buzz with Bitcoin?

Blogs
Economy

Look before you leap. Hardly a day goes by that the topic of bitcoin or other cryptocurrency assets doesn’t come up in meetings with clients and prospects or from friends and relatives who want to know, “what all the buzz is about?” The message is the same, regardless of who’s asking. Cryptocurrency is not a […]

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NEW Stimulus Relief Bill Highlights

Blogs
Economy

The important facts presented in a clear and concise way  On December 21, 2020, both houses of the United States Congress passed the Consolidated Appropriations Act, 2021 (the Act), a nearly 6,000-page omnibus spending bill, which includes within it a COVID-19 stimulus package that provides approximately $900 billion in emergency relief to individuals and businesses as the […]

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Happy Holiday and New Year

Blogs
Lifestyle

This holiday season is unlike any other and it caps off a year that has been unequaled. Throughout this season we wish you moments of peace amid the difficulties.  We wish you connections with family and friends even if they may not be in person.  We wish you the warmth of memories from holidays past […]

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Retirement Blindspots

Blogs
Personal Finance

Life and financial factors that can sometimes be overlooked. We all have our “blue sky” visions of the way retirement should be, yet our futures may unfold in ways we do not predict. So, as you think about your “second act,” you may want to consider some life and financial factors that can suddenly arise. […]

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Can You Be Fired For Refusing to Take the Vaccine?

Economy
News

Companies are considering compulsory Covid vaccination requirements as a condition of employment.  Can you be fired if you refuse?   As difficult as the research, development and distribution stages have been, some experts argue the hardest part of fighting the virus is actually what comes next: convincing the U.S. population to take the vaccine.   Roughly four […]

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Three Alternative Ways to Use HSA’s

News
Personal Finance

HSA’s offer a rare triple tax advantage.  Here are 3 ways to use HSA’s without jeopardizing its special tax treatment.   Health Savings Accounts (HSAs) are accounts for individuals with high-deductible health plans.  Funds contributed to an HSA are not taxed when put into the HSA or when taken out, as long as they are used […]

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Who’s Building the Grocery Store of the Future?

Economy
News
Technology

The future of grocery stores will be a win-win for both stores and customers with cashierless checkout, smart charts and robotics that will clean up on aisle five   On one hand, stores want to decrease their operational expenditures that come from hiring cashiers and conducting inventory management. On the other hand, consumers want to decrease […]

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How to Find a Pet-Friendly Hotel

Lifestyle
News

Hotel pet policies are complicated, inconsistent, and full of gotcha fees. With a little preparation you can avoid most of these costs and headaches.   Here’s the basics of staying at hotels with your pets.   What ‘pet-friendly’ means (and doesn’t)…A pet-friendly hotel is generally one that allows some animals on the property under some conditions. However, […]

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Cash Balance Plans

Blogs
Personal Finance

Should professional practices look into them? In corporate America, pension plans may be fading away. Only 14% of Fortune 500 companies offered them to full-time employees in 2019. In contrast, legal, medical, accounting, and engineering firms are keeping the spirit of the traditional pension plan alive by adopting cash balance plans.1 Owners and partners of […]

Read More

What’s The ROI On Owning A Home?

News
Personal Finance

The debate over buying vs. renting has raged for years.  Let’s take a look at the true cost and benefits of buying a home.    ▪  Logan Kane, Macro, portfolio strategy, real estate, and author contends that buying a home typically carries an IRR of between 7 and 14 percent, depending on tax considerations, leverage, […]

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Amazon Is Expanding In-Garage Delivery to 4,000 U.S. Cities

Lifestyle
News
Technology

Amazon is about to see whether shoppers wary of contact with package delivery drivers would rather let them into the garage instead. Would you give up some privacy for this luxury?  Amazon.com Inc. is about to see whether shoppers wary of contact with package delivery drivers would rather let them into the garage instead. The […]

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The 60/40 Portfolio Has Another Big Year, Muzzling Critics

News
Personal Finance

To the surprise of critics who have long been calling for the demise of the  this strategy, balanced portfolio’s of stocks and bonds have performed well in 2020 A balanced portfolio of stocks and bonds for decades was among the few venerated precepts in investing. Yet doubts about the approach grew after the pandemic hit […]

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Where Are Mortgage Rates Heading in December and Beyond

News
Personal Finance

Mortgage rates are at or near historic lows.  What is the forecast for December and early 2021?  Americans have more clarity today than they did just a few weeks ago. For proof, consider that there will be a new president and administration come January. And coronavirus vaccines appear to be coming soon. These developments, in […]

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The Taxation of Restricted Stock Units

Blogs
Personal Finance

What employees need to know. Is your employer giving you restricted stock units (RSUs)? Here are some details about RSUs, which differ from stock options in both their nature and taxation. Remember that this article is for illustrative purposes only and not a replacement for real-life advice. Please contact a tax, legal, or accounting professional […]

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What Is the Rule of 55?

News
Personal Finance

The Rule of 55 is an IRS provision that allows you to withdraw funds from your 401(k) or 403(b) without a penalty at age 55 or older. Read on to find out how it works.

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What Does Joe Biden’s Win Mean For Your Money?

News
Personal Finance

According to Bloomberg.com, U.S. president-elect Joe Biden's proposed policies — from tax hikes to health-care changes — could shape the way millions of Americans save, spend and manage their finances for years.

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Will Working From Home Be Taxed?

Lifestyle
News

Choosing to earn a living from home once the pandemic ends is a privilege that you should pay for, according to strategists from Deutsche Bank AG’s research arm.

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How to Remove Negative Items from Your Credit Report

News
Personal Finance

With a lot of people facing financial uncertainty due to the ongoing pandemic, now is the right time to get your personal finances in order — particularly, your credit report. Here are ways to dispute inaccurate or false information from your credit report.

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Honoring Veterans Day

Blogs

November 11 is Veterans Day – a day to honor and remember the bravery, contributions, and sacrifices of our armed services members who have defended us so ably, who have run toward danger rather than away from it, who have helped to sustain our freedom through their courage and service. Yes – you can thank […]

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Should You Roll Over an IRA to an HSA?

News
Personal Finance

You can tap money from your IRA tax-free by rolling it over to a health savings account, one of the most powerful tax-advantaged savings tools. But you need to follow a specific procedure to avoid an unexpected tax bill. Here's what you need to know.

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IRS Releases 2021 Tax Brackets and More

News
Personal Finance

The Internal Revenue Service (IRS) has announced the annual inflation adjustments for the tax year 2021, including tax rate schedules, tax tables and cost-of-living adjustments.

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Election 2020

Blogs
Economy

45% of consumers with $100,000 or more investable assets expect to make changes to their investments due to the upcoming 2020 presidential election.

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First it Was Toilet Paper — Now We’re Running Out of Fridges

Lifestyle
News

If you’re looking to buy a new fridge you may be out of luck. Earlier in the pandemic, there was a run on toilet paper. Now it seems that customers looking to buy a refrigerator are facing long waiting times as models are back-ordered across the country. There are also shortages for other major appliances including dishwashers, dryers and some microwaves.

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Employment Will Not Bounce Back Until 2024

Economy
News

The overall size of the economy is expected to hit precrisis levels by the fourth quarter of next year. But the country's labor market will not reach pre-pandemic levels until 2024, according to S&P Global.

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Should the Voting Age Be Lowered to 16?

Economy
News

San Francisco could soon become the first major American city to lower its voting age to 16. If the measure is passed, it would mark a major step in a growing movement to extend voting rights to younger Americans.

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What Is LIBOR and Why is it Slated to End?

Economy
News

The LIBOR, short for London Interbank Offered Rate, is a fluctuating short-term interest rate that influences the way other interest rates are set in the world of finance. It is also used to gauge the overall health of the financial lending system on a global scale.

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Taking a Loan from Your Retirement Plan = Bad Idea

Blogs
Financial Articles

Why you should refrain from making this move. Thinking about borrowing money from your 401(k), 403(b), or 457 account? Think twice about that because these loans are not only risky, but injurious, to your retirement planning. A loan of this kind damages your retirement savings prospects. A 401(k), 403(b), or 457 should never be viewed […]

Read More

Year-End Bond Swaps

Blogs
Financial Articles

You may see some significant tax benefits by making these moves. The end of 2018 presents bond investors with opportunities. This is a prime time to consider bond swaps (or tax swaps as they are sometimes called), in which you sell certain bonds at a loss and replace them with others. Every investor wants to […]

Read More

Your 2019 Financial To-Do List

Blogs
Financial Articles

Things you can do for your future as the year unfolds. What financial, business, or life priorities do you need to address for 2019? Now is a good time to think about the investing, saving, or budgeting methods you could employ toward specific objectives, from building your retirement fund to lowering your taxes. You have […]

Read More

Your Diversified Portfolio vs. the S&P 500

Blogs
Financial Articles

How global returns and proper diversification are affecting overall returns. “Why is my portfolio underperforming the market?” This question may be on your mind. It is a question that investors sometimes ask after stocks shatter records or return exceptionally well in a quarter. The short answer is that while the U.S. equities market has realized […]

Read More

Tax Changes That May Be Overlooked

Blogs
Financial Articles

Some alterations to the Internal Revenue Code were less publicized than others. Late last year, federal tax laws underwent sweeping changes. Nearly a year later, you can be forgiven for not keeping up with them all. Here is a look at some important (yet underrecognized) adjustments that may affect the numbers on your 2018 federal […]

Read More

New Website and Social Media Launch

Financial Articles

We are very excited to announce the launch of our new website and social media links We are pleased to launch our new website, www.AlternativeWealthGroup.com social media links. Aside from an updated look, the new website features simple navigation that highlights the services and capabilities for our 3 Divisions: AWG Wealth Management, AWG Real Estate Advisors, AWG 1031 […]

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Baseball’s $300 Million Players

Blogs
Personal Finance

Even ballplayers prepare for their financial future. The San Diego Padres signed infielder Fernando Tatis, Jr., to a 14-year, $340 million contract roughly one year after the Los Angeles Dodgers inked outfielder Mookie Betts to a 12-year, $365 million deal. That brings the total to 8 baseball players who have signed long-term, $300+ million contracts.1 […]

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Happy Mother’s Day!

Blogs
Lifestyle

Mother’s Day will be on Sunday May 9, 2021.  It’s the time to honor the people in our lives who have nurtured us and to help make us who we are. Think about how you might celebrate it with the moms in your life. Sometimes it’s something as simple as a heartfelt note that means […]

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What in the World Are NFTs?

Blogs
Economy

A Look at Non-Fungible Tokens Non-fungible tokens, or NFTs, have been the recipient of the latest buzz. NFTs are digital files attached to blockchain codes. If you know anything about digital currencies, you’re probably aware that these blockchain codes are what identifies a digital “coin” and makes it tradeable to those who accept that sort […]

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“Green Shoots” in the Economy

Blogs
Economy

Some examples to consider.  Investors looking for “green shoots” to confirm that the economy is on the mend have seen plenty of examples in recent weeks. Retail sales rose 9.8% in March, the largest monthly gain since May 2020. It’s important to remember that purchases at stores, restaurants, and online are among the biggest drivers […]

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The Call for a Minimum Global Corporate Tax

Blogs
Economy
Tax

Yellen wants to help the U.S. raise sufficient revenue In a speech to the Chicago Council on Global Affairs, U.S. Treasury Secretary Janet Yellen has called for a minimum corporate income tax that would be shared by countries all over the world.1 The decrease of corporate tax rates around the world has led to what […]

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Does The Fed Need More Diversity?

Blogs
Economy

KEY POINTS “The Federal Reserve System … has a diversity problem,” a Brookings Institution report released Tuesday said. The report notes that in the central bank’s history, there have been just three Black members of the Fed’s board of governors, one Black regional president and only three nonwhite regional presidents overall. The Federal Reserve has […]

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Paying for the American Jobs Plan

Blogs
Economy
Tax

The proposal does not yet include any new taxes on individuals. President Joe Biden introduced the much-anticipated American Jobs Plan, which outlines an approach to spend roughly $2.2 trillion on the nation’s infrastructure and other projects. As part of the legislative process, the Biden administration also laid out a proposal for paying for the domestic […]

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The Shred Party

Blogs
Personal Finance

What should you get rid of and hold on to? When and why? If a shred party happens to spring up in your area, you may want to mark your calendar. For many years, shred parties, where a business or organization hosts clients or the public to the use of giant paper shredders, have presented […]

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The Emergence of ESG Investing

Blogs
Personal Finance

How generational and societal change is influencing companies and the markets. ESG: what does that acronym stand for? Those three letters stand for “Environmental, Social, and Governance” and signify an investment that has particular merit to investors of all ages. A recent Morgan Stanley Bank survey found that almost 90% of millennials would prefer to […]

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Investing During Periods of Inflation

Blogs
Economy

What does inflation mean for your investments? In August of 2020, the Fed announced that it is willing to allow inflation to run higher than normal in order to support the labor market and broader economy. This major policy shift allows inflation to run above the Fed’s 2% goal for some time before the Fed […]

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A Look at SPACs

Blogs
Economy

Special interest acquisition companies are making headlines.  What are SPACs, and why is Wall Street talking about them? Special interest acquisition companies (SPACs) are not new, but they are much more prevalent than they once were. In 2020, there were ten times more SPAC transactions than there were in 2016.1 SPACs are public companies created […]

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Spotlight Shifts to Bonds

Blogs
Economy

What to know about interest rates and yields.  One time-tested principle of investing is, “when bond yields move higher, bond prices tend to move lower.” Investors are doing a “double take” on the 10-year Treasury yield, which recently topped 1.5% — its highest level in about a year. With the increase in yield comes a […]

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Changes to Paycheck Protection

Blogs
Economy
Personal Finance

Information for small business owners to consider. On Monday, Feb. 22, the White House announced several changes to the Paycheck Protection Program (PPP) that went into effect on Wednesday, Feb. 24. These changes are intended to further target “the smallest businesses and those that have been left behind in previous relief efforts.”1 If you’re a […]

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Economic Predictions: What Lies Ahead?

Blogs
Economy

Here’s what the financial forecast may have in store. It can be easy to overlook the nation’s solid economic fundamentals when the financial media splashes stories every day about an army of amateur traders, short-selling mania, and initial public offerings (IPOs) that double in price on the first day of trading.   But a recent […]

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Budgeting For Beginners

Blogs
Personal Finance

  Getting started with your household budget. Budgeting towards needs and goals. One of the objectives of creating a household budget is that, as time moves on and the various household members advance in their careers, they are likely to make more money. Knowing where that money goes can help direct that money to not […]

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Do Our Biases Affect Our Financial Choices?

Blogs
Personal Finance

Even the most seasoned investors are prone to their influence.  Investors are routinely warned about allowing their emotions to influence their decisions. However, they are less routinely cautioned about their preconceptions and biases that may color their financial choices. In a battle between the facts & biases, our biases may win. If we acknowledge this […]

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1099 Forms

Blogs
Tax

Explaining the many types of 1099 forms and their uses. What is a 1099 form? This is a record of payment from an individual or entity, showing a payment, generated for your records. The individual/entity sends a copy to both the payee as well as the I.R.S.1 Who might be sending 1099s? Clients send their […]

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Outlook 2021: Bond Prices

Blogs
Economy
Personal Finance

Information you should know.  The 10-year Treasury yield has climbed higher since the New Year, which means that some bond prices are dropping. You may have seen the headlines that say, “10-Year Yields Over 1%.” For some, the first time they experience a change in bond prices is when they open their monthly statement and […]

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IRS Delays Start of Tax Filing Season

Blogs
Personal Finance
Tax

The IRS is pushing back the beginning of the 2020 tax season to Feb. 12. The IRS is delaying the start of the 2020 tax filing season to Feb. 12, according to an announcement Friday from the agency. On that date, the IRS will start accepting and processing last year’s tax returns.  Normally, the agency […]

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Double Whammy – Paying Taxes on Mutual Funds with Losses

Blogs
Personal Finance
Tax

Owing taxes on mutual funds that lost money seems impossible…It’s not. Mutual fund investors may have to deal with some additional unpleasantness this tax season when they realize they may actually owe capital gains taxes on mutual funds that lost them money this year. Mutual funds—especially actively managed mutual funds—generate a lot of taxable events, […]

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What’s the Buzz with Bitcoin?

Blogs
Economy

Look before you leap. Hardly a day goes by that the topic of bitcoin or other cryptocurrency assets doesn’t come up in meetings with clients and prospects or from friends and relatives who want to know, “what all the buzz is about?” The message is the same, regardless of who’s asking. Cryptocurrency is not a […]

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NEW Stimulus Relief Bill Highlights

Blogs
Economy

The important facts presented in a clear and concise way  On December 21, 2020, both houses of the United States Congress passed the Consolidated Appropriations Act, 2021 (the Act), a nearly 6,000-page omnibus spending bill, which includes within it a COVID-19 stimulus package that provides approximately $900 billion in emergency relief to individuals and businesses as the […]

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Happy Holiday and New Year

Blogs
Lifestyle

This holiday season is unlike any other and it caps off a year that has been unequaled. Throughout this season we wish you moments of peace amid the difficulties.  We wish you connections with family and friends even if they may not be in person.  We wish you the warmth of memories from holidays past […]

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Retirement Blindspots

Blogs
Personal Finance

Life and financial factors that can sometimes be overlooked. We all have our “blue sky” visions of the way retirement should be, yet our futures may unfold in ways we do not predict. So, as you think about your “second act,” you may want to consider some life and financial factors that can suddenly arise. […]

Read More

Cash Balance Plans

Blogs
Personal Finance

Should professional practices look into them? In corporate America, pension plans may be fading away. Only 14% of Fortune 500 companies offered them to full-time employees in 2019. In contrast, legal, medical, accounting, and engineering firms are keeping the spirit of the traditional pension plan alive by adopting cash balance plans.1 Owners and partners of […]

Read More

The Taxation of Restricted Stock Units

Blogs
Personal Finance

What employees need to know. Is your employer giving you restricted stock units (RSUs)? Here are some details about RSUs, which differ from stock options in both their nature and taxation. Remember that this article is for illustrative purposes only and not a replacement for real-life advice. Please contact a tax, legal, or accounting professional […]

Read More

Honoring Veterans Day

Blogs

November 11 is Veterans Day – a day to honor and remember the bravery, contributions, and sacrifices of our armed services members who have defended us so ably, who have run toward danger rather than away from it, who have helped to sustain our freedom through their courage and service. Yes – you can thank […]

Read More

Election 2020

Blogs
Economy

45% of consumers with $100,000 or more investable assets expect to make changes to their investments due to the upcoming 2020 presidential election.

Read More

Taking a Loan from Your Retirement Plan = Bad Idea

Blogs
Financial Articles

Why you should refrain from making this move. Thinking about borrowing money from your 401(k), 403(b), or 457 account? Think twice about that because these loans are not only risky, but injurious, to your retirement planning. A loan of this kind damages your retirement savings prospects. A 401(k), 403(b), or 457 should never be viewed […]

Read More

Year-End Bond Swaps

Blogs
Financial Articles

You may see some significant tax benefits by making these moves. The end of 2018 presents bond investors with opportunities. This is a prime time to consider bond swaps (or tax swaps as they are sometimes called), in which you sell certain bonds at a loss and replace them with others. Every investor wants to […]

Read More

Your 2019 Financial To-Do List

Blogs
Financial Articles

Things you can do for your future as the year unfolds. What financial, business, or life priorities do you need to address for 2019? Now is a good time to think about the investing, saving, or budgeting methods you could employ toward specific objectives, from building your retirement fund to lowering your taxes. You have […]

Read More

Your Diversified Portfolio vs. the S&P 500

Blogs
Financial Articles

How global returns and proper diversification are affecting overall returns. “Why is my portfolio underperforming the market?” This question may be on your mind. It is a question that investors sometimes ask after stocks shatter records or return exceptionally well in a quarter. The short answer is that while the U.S. equities market has realized […]

Read More

Tax Changes That May Be Overlooked

Blogs
Financial Articles

Some alterations to the Internal Revenue Code were less publicized than others. Late last year, federal tax laws underwent sweeping changes. Nearly a year later, you can be forgiven for not keeping up with them all. Here is a look at some important (yet underrecognized) adjustments that may affect the numbers on your 2018 federal […]

Read More

CEO of $2 Billion Startup Ousted for Taking LSD at Work

Economy
News

Justin Zhu, co-founder of Iterable, said he was trying microdosing as a way to boost focus. Marketing startup Iterable Inc. dismissed its chief executive officer over violations of company policy, Iterable said in a note to employees on Monday. The fired CEO, Justin Zhu, said the board’s chief reason for ousting him was that he took LSD, […]

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It’s Time to Knock the Toilet Off Its Pedestal

News
Technology

The flush toilet may be the world’s gold standard for sanitation, but the sewer infrastructure it demands is inefficient, costly and outdated. When people bother to think seriously about sanitation infrastructure, they tend to laud it. In 2007, the British Medical Journal’s readers crowned the sanitary revolution “the most important medical milestone since 1840.” In 2018, the readers […]

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5 Things to Stop Saying to Your Dog, According to Trainers & Vets

Lifestyle
News

Ask just about any dog trainer or veterinarian and they’ll tell you reward-based training is best for canines. It makes sense. Treats are better incentives than a pat on the head (or nothing at all). Of course, all dogs are unique and it’s wise to explore a variety of methods to see which ones your […]

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The Results Are In: These Are the Worst States for Retirement in 2021

Lifestyle
News

No matter where you choose to retire, you’ll be able to sleep in late, go for long walks in the afternoon and work on that book you always wanted to write. But when it comes to your budget, health, safety and overall quality of life, the state you live in really does matter. Every year, […]

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New Investors Discover Tax Pitfalls of Robinhood and Other Trading Apps

News
Tax

With 2020 tax bills coming due, a wave of new retail traders are waking up to the fact that it can be difficult, and often impossible, to make tax-minimizing moves on new brokerage platforms such as Robinhood, Webull, SoFi, Uphold and Public.com. Some don’t allow trading within tax-favored retirement accounts such as IRAs. Traders can […]

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Biden Wants Student Loan Cancellation 3 Ways

Economy
News

This is how President Joe Biden is thinking about student loan cancellation.  Here’s what you need to know. Student Loans During testimony in the U.S. Senate today, Biden’s nominee for Undersecretary of Education, James Kvaal, revealed Biden’s approach to student loan cancellation. According to Kvaal, Biden has three pillars for student loan forgiveness:   Student loan […]

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Billions of Cicadas to Emerge in Eastern US

Lifestyle
News

Get ready for early May or thereabouts, when Brood X cicadas are expected to emerge from underground across the eastern US. The large-scale event happens every 17 years. Love is in the air this spring in the eastern United States, where billions of cicadas will soon appear in the biggest emergence event since 2004. The […]

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What to Do With Your 401(k) When You Retire

News
Personal Finance
Tax

Here’s how to manage your 401(k) savings after you retire. New retirees need to decide what to do with the money in their company-sponsored 401(k) plan. You can generally maintain your 401(k) with your former employer or roll it over into an individual retirement account. IRAs maintain the tax benefits of your 401(k) plan and give you more […]

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Social Security Adds New Guidelines to Online Statements

News
Retirement

The agency includes new fact sheets that target different age groups and special situations, such as eligibility for benefits. The Social Security Administration is stepping up its outreach efforts to working Americans of all ages by including fact sheets with new guidance when workers access their estimated benefits statements online. It is a welcome change […]

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Think Twice Before Laminating Your Vaccine Card

Lifestyle
News

Vaccine eligibility in the US is expanding quickly, and so is the popularity of the Centers for Disease Control and Prevention’s little white card. While plans to establish standardized vaccination proof are still being developed, many are holding to their Covid-19 vaccine cards as a potential form of social currency. And companies, like Staples and Office Depot, are […]

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When Do You Become a Senior Citizen?

Lifestyle
News

Here’s how to tell if you have reached senior citizen age. THERE IS NO CLEARLY defined age when you become a senior citizen. Some people might consider themselves seniors when they retire from the workplace, sign up for Social Security or begin to spend their retirement savings, but others aren’t ready to call themselves a senior […]

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Change These TV Picture Settings Now (You’ll Thank Us Later)

News
Technology

From choosing the best picture mode to tweaking contrast, brightness, sharpness and more, here’s how to get maximum quality out of your TV. With a few easy tweaks of its picture settings, your TV can look better than it does right now. From the cheapest LCD to the most expensive OLED and MicroLED displays, changing a few settings will improve picture […]

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Tips for Using Mulch in Your Yard

Lifestyle
News

Sure, mulch can help control weeds, improve soil quality, reduce moisture loss, cool soil temperature, and—drum roll—make your yard look more manicured and groomed. But, that doesn’t mean it doesn’t come without its questions every spring. When’s a good time to drop mulch? How much mulch do I really need? Should I remove old, dried-up mulch […]

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A Dream Mortgage – The Bank Pay You!

Economy
News

With Negative Rates, Homeowners in Europe Are Paid to Borrow Money Her interest rate fluctuates, but right now it is around minus 0.25%. So every month, Ms. Santos’s lender, Banco BPI SA, deposits in her account interest on the 320,000-euro mortgage, equivalent to roughly $380,000, she took out in 2008. In March, she received around […]

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Meet Gen C, The Covid Generation

Economy
News

How we define recent generations Defining a generation isn’t easy, and sometimes the names we use change over time. Here’s how generations have been defined over the past century: The Silent Generation: Born 1925-1945 Baby Boomers: Born 1946-1964 Generation X: Born 1965-1980 Millennials: Born 1981-1996 Gen Z: Born 1997-? (no endpoint set) Gen C: ?* *While some experts are using the term […]

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DPN vs VPN: What’s the Difference?

News
Technology
Uncategorized

Decentralized private networks offer the benefits of VPNs, but with additional advantages that exclude a central point of control. The internet has undoubtedly revolutionized the way we live. It has changed how we work, access information, travel, communicate and interact with each other. Along with it comes a greater level of freedom that we enjoy […]

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CDC Likely To Extend Eviction Moratorium

Economy
News

The Centers for Disease Control and Prevention has taken a key step toward extending an order aimed at preventing evictions during the ongoing COVID-19 outbreak. The CDC order is currently set to expire in less than 2 weeks. Housing advocates have warned for months that allowing this protection for renters to lapse would spark a […]

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These Apartments Offer Health Care With Your Lease

Economy
Lifestyle
News

6,000 residents now have access to free telehealth through their residence, not their job. For most Americans, health coverage is tied to their employment. That means millions of people are uninsured or underinsured—especially during a pandemic that has seen 6 million people directly lose their employer-based coverage. What if you could access a healthcare plan through something […]

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IRS to Push Tax Filing Deadline to May 17

News
Tax

The tax filing deadline for taxpayers will be pushed back from April 15 to May 17, the Treasury Department and the Internal Revenue Service announced Wednesday. The one-month extension applies both to filings and payments, and is only for federal income taxes, not state income taxes. “This continues to be a tough time for many […]

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Biden Planning First Major Tax Hike Since 1993

News
Tax

President Joe Biden is expected to propose a number of tax increases in the first major federal tax hike in nearly 30 years to pay for the long-term economic program that will follow the COVID-19 response bill, according to a new report. Sources reportedly told Bloomberg that provisions currently under consideration include raising the corporate tax rate to 28 […]

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COVID-19 Relief Package: What’s in It for You?

Economy
News
Tax

The third stimulus package includes a slew of financial lifesavers for individuals and families. AS YOU ARE PROBABLY well aware, a $1.9 trillion coronavirus relief package, known as the American Rescue Plan, aims to help individuals and families throughout the country as well as state and local governments. It’s chock full of financial lifesavers such […]

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Children Who Don’t Listen to Their Parents Make Higher Salaries

Lifestyle
News

Children who have a tendency to break the rules are likelier to earn more than their peers Children who don’t have a habit of listening to their parents might be happy about what that means for them, Fatherly reports. Citing a 2015 study published in the journal Developmental Psychology, the publication suggests that “particularly stubborn kids frequently grow into […]

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Sorry, You May Have to Return Your Stimulus Payment to the IRS

News
Personal Finance

Here’s why and how Certain circumstances could put some people in the uncomfortable position of having to send back some or all of a stimulus payment. Here’s how to find out if you’re one of them Tax season is not only the time to claim your tax refund but also this year when you file for any stimulus money you […]

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COVID-19 Travel Insurance Becoming a Vacation Mandate

Lifestyle
News

COVID-19 insurance policies are increasingly joining passports and sunscreen as vacation staples, creating opportunities for insurers as more countries require mandatory coverage in case visitors fall ill from the coronavirus. Airline bookings are on the rise in some regions, driving cautious hopes of a revival in summer traffic, but also raising fears among tourist destinations […]

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IRS Initiates ‘Operation Hidden Treasure’ to Root Out Unreported Crypto Income

News
Tax

The U.S. Internal Revenue Service (IRS) appears to be stepping up its enforcement capabilities with a new program dedicated to cryptocurrency tax compliance.  With “Operation Hidden Treasure,” the IRS will search for unreported crypto-related income, according to Director of the Office of Fraud Enforcement Damon Rowe. Speaking at a Federal Bar Association virtual tax conference, […]

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“Ultra-Millionaire” Wealth Tax Bill – What You Need To Know

Economy
News

Sen. Elizabeth Warren (D-Mass.) on Monday introduced a bill in the Senate that would impose a new tax on the assets of America’s wealthiest individuals. Why it matters: The plan, which Warren introduced along with Reps. Pramila Jayapal (D-Wash.) and Brendan Boyle (D-Pa.) is similar to a proposal that was the centerpiece of Warren’s campaign for the presidency in 2020. […]

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Zillow Estimate Prices Are Now Cash Offers to Buy

Economy
News
Personal Finance

Zillow is making cash offers on houses using its ‘Zestimate’ home value tool Initial cash offers based on Zestimates are only available in 20 cities Zillow is using its “Zestimate” to make cash offers on houses. The real estate listing website announced Thursday that its Zestimate — Zillow’s home value estimation tool — could be considered an […]

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“Excelsior Pass” Being Tested to Attend Arena Events

Lifestyle
News
Technology

Gov. Andrew Cuomo has announced that the “Excelsior Pass” is being tested again at tonight’s Rangers game at Madison Square Garden. Here are four things you need to know about the program, according to the governor’s office: Excelsior Pass uses proven, secure technology to confirm an individual’s vaccination or a recent negative COVID-19 test through […]

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Hidden Gmail Features

News
Technology

Get a better handle on your Gmail inbox with these must-have tips and tricks that will turn you into an email pro. If you use Gmail daily on a computer for work or personal use — or both at the same time as I do — are you making the most of Google’s email client? Gmail has a host […]

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Job Searching Will Be Different in 2021

News
Personal Finance

What’s different and how can you adapt your search? I know everyone is tired of hearing the words “unprecedented” and “2020” together. So I’m going to say that this last year was…extremely unordinary. And it’s probably safe to say that many of us are eager to put 2020 in the rearview mirror. The coronavirus pandemic […]

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Resume Mistakes That Make You Look Weak

News
Personal Finance

Oftentimes, hiring managers must sift through hundreds of resumes before finding at least a few good ones. At the same time, coming across the really bad ones can be relieving, because it means they can discard it and quickly move on to the next. Peter Yang the CEO of a resume writing company and former hiring manager at major companies, including […]

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Questions To Ask During A Leadership Job Interview

News
Personal Finance

The hiring process has changed drastically over the past year, with the new normal seeing interviews and assessments occurring remotely. This has taken time getting used to for both candidates and recruiters, even though there are still the same boxes to tick. Asking a question during an interview can often feel daunting, especially over a […]

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What to Do After a Final-Round Job Interview

News
Personal Finance

Summary: The waiting period between your final interview and the company’s decision can be stressful. What should you do while waiting to hear if you got the job? And how can you avoid ruminating about the position? As tempting as it may be to reach out to the hiring manager — especially if you thought […]

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Do You Dare Not Return to the Office?

Economy
News
Technology

Zillow’s CEO is warning that the future of work could create a ‘two-class system’ where those who come into the office are viewed as better employees Highlights: Zillow CEO Rich Barton discussed the future of work during the company’s Q4 earnings call. A hybrid model could create a “two-class system” that negatively impacts remote workers, […]

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How to Value a Company for Investment?

Economy
News
Personal Finance

The Capital Asset Pricing Model is by no means a perfect theory. But the spirit of CAPM is correct. It provides a useful measure that helps investors determine what return they deserve on an investment, in exchange for putting their money at risk on it. No matter how much you diversify your investments, some level […]

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95% Of People Can’t Pronounce BMW Or Many Other Car Companies Correctly

Lifestyle
News

According to a survey of UK motorists, nearly 95 percent of people have been pronouncing the name of car manufacturer BMW wrong. Now, car manufacturers being from all around the globe can throw up a few mispronunciations on occasion – Porsche vs Porsch-ha, for just one example. It’s Porsch-ha, by the way. However, BMW should be one of the easier ones, […]

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Vaccine Passports?

Economy
Lifestyle
News

The notion of vaccine passports is gaining steam around the world.  These European countries are launching now. It’s becoming clearer that in the not-too-distant future, international travelers will require some sort of vaccine passport or vaccine certificate, as a growing number of countries get behind the idea. The appeal is that these documents would allow […]

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Crowdfunding: What You Need to Know

Economy
News
Personal Finance

Crowdfunding is a way for people, businesses and charities to raise money. It works through individuals or organizations who invest in (or donate to) crowdfunding projects in return for a potential profit or reward. Investing this way can be risky, so make sure you know what you’re doing. What is crowdfunding? If a company or […]

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Features That Determine a Home’s Final Sale Price

News
Personal Finance

Home prices shot up in 2020 and many experts expect them to continue climbing. While this growth is largely driven by limited inventory amid a national homebuying frenzy, there are many individual factors that determine a home’s value. “Some of the most substantial factors that affect the property [price] are about the property itself, such […]

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You Need to Walk This Many Minutes a Day to Stay Healthy

Lifestyle
News

You often hear about how important it is to get exercise in daily, whether that be an at-home workout or lifting weights. Perhaps, even more frequently as of late, you hear about the importance of stepping away from your work from home station to stretch your legs and get moving. Now more than ever, in […]

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18 Believe It or Not Tax Breaks

News
Tax

Your fellow taxpayers have successfully claimed write-offs for many things that most of uswouldn’t even imagine. But be careful if you plan on following their lead. As you struggle with your tax return, trying to come up with some extra deductions to pump up your refund or reduce what you owe, don’t you sometimes think […]

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What Is a Stock Buyback?

Economy
News
Personal Finance

Key Takeaways A stock buyback occurs when a company purchases outstanding shares of its own stock with excess cash or borrowed funds. A buyback increases the value of outstanding shares by reducing the number of total shares on the market, which increases the earnings per share (EPS). One alternative to repurchasing shares of its own […]

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Accidental Insider Trading Happens and It’s an Expensive Mistake

Economy
News
Personal Finance

Insider trading seems like it should be black and white — if you don’t use secret stock tips to make a quick buck, you should be good to go. But what about doing it unintentionally? The pandemic has caused millions of people to work remotely, often within earshot of roommates, relatives and spouses. Gone are […]

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What s Short Selling?

News
Personal Finance

By now, you’ve probably heard that an army of amateur investors ganged up on short sellers, causing them painful losses while sending shares of the beleaguered retailer GameStop soaring. You also may be asking, OK, but what is short selling? Short selling has nothing to do with summer wear or workout gear. It’s a common but controversial […]

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Tax Issues to Consider If You Tapped Your Retirement Accounts in 2020

News
Personal Finance
Tax

If you pulled money from your 401(k) plan or individual retirement account last year to get through tough times, now is the time to consider next steps. Millions of Americans tapped 401(k) and IRA balances to access emergency cash amid the Covid pandemic, as allowed under the federal CARES Act. The federal CARES Act that […]

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6 Surprising Benefits of Not Retiring When Your Spouse Does

Lifestyle
News
Personal Finance

Couples can reap substantial rewards by staggering their retirement timing. When you have a partner, you might assume that you need to make sure you retire in lockstep. After all, what’s the good of having a retirement if your beloved isn’t right there with you? As it turns out, there are actually some benefits associated […]

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What Are SPAC’s and Why Are They So Hot

Economy
News

Wall Street has no shortage of curious acronyms, but here is one you have likely been hearing more and more of: SPACs. Special Purpose Acquisition Companies have actually been around for decades, but are suddenly proliferating like, well, a global virus. Sometimes called “blank check” shell corporations, SPACs are designed to take companies public without […]

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Aging-in-Place

News
Personal Finance

Senior housing occupancy hits record lows which suggests more seniors are staying home and getting help from home-based providers Senior housing occupancy in the U.S. hit a record low in the fourth quarter of 2020, according to the National Investment Center for Seniors Housing & Care (NIC). The record downturn is further proof that seniors […]

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WhatsApp Announced it Would Force Users to Share Personal Data With Facebook

Lifestyle
News

WhatsApp’s rivals got a massive boost after the messaging app announced last week that it would make users share some personal data with its parent company, Facebook. Summary: • Signal downloads skyrocketed 4,200% after WhatsApp announced it would force users to share personal data with Facebook. • Signal is top of both Google and Apple’s app […]

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Your Roth IRA Can Help You Buy a Home This Year

News
Personal Finance

Your dream of homeownership may be closer than you think with this Roth IRA exception. If you’ve been faithfully contributing to your Roth IRA account, the IRS is giving you a bonus: The ability to use funds to build or purchase a new home without incurring taxes or penalties. If you qualify, you can make your homeownership […]

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Is Your Car Lease Ending?

News
Personal Finance

Here’s How You Could Turn A Profit On The Deal One of the major arguments against leasing a car is that, unlike a vehicle that’s purchased and financed outright, at the end of the term you turn it in to the dealer and walk away with no equity. But that’s not always true. In fact, […]

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IPO Craze, Checks the Boxes of Next Bubble

Economy
News

The IPO market is manic. Stocks haven’t been this expensive since the dot-com era. The Nasdaq 100 has doubled in two years, leaving its valuation bloated — all while volatility remains stubbornly high. It’s a setup that’s left investors sitting on fat returns from 2020, a year that defied easy explanation. It’s also one that […]

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Should You Carry Your Mortgage Into Retirement?

News
Personal Finance

Part of the rosy picture associated with retirement is the thrill of kissing that monthly mortgage payment good-bye—on the presumption you’ll have paid it off by then. Lately, there has been a shift in thinking that has seen many financial planners suggest that retirees continue to carry a mortgage into and throughout retirement. Reinvest the […]

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Mistakes To Avoid When Rolling Over A 401(k) To An IRA

News
Personal Finance
Tax

KEY POINTS Before you move your money, be sure you know the rules that differ between 401(k) plans and IRAs. If the rollover process is done incorrectly, it could be considered a distribution, which would make it subject to taxation and, possibly, an early withdrawal penalty. There are also some situations that call for caution […]

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How The Stimulus Check May Affect Your Taxes

News
Personal Finance
Tax

To date, 147 million second stimulus checks have been scheduled by the federal government.  If you don’t get yours, you can claim the money when you file your tax return.  That doesn’t necessarily mean you will get more money back from Uncle Sam. If you don’t receive your second stimulus check in your bank account or the […]

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What Is Non-Owner Car Insurance?

News
Personal Finance

Consider this: If you’re someone who often rents cars, you might want liability insurance to help protect your assets from an accident lawsuit, like your house and savings. That’s where non-owner car insurance comes in. It’s a good way for drivers who don’t own a car to get auto liability insurance. Liability coverage pays for […]

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New Visa Credit Card Offers Bitcoin Rewards Instead of Miles or Cash

Economy
News
Personal Finance

Visa Inc. is partnering with cryptocurrency startup BlockFi to offer a credit card that rewards purchases with Bitcoin rather than airline miles or cash.  Users of the Bitcoin Rewards Credit Card will receive 1.5% of their purchases back in the world’s most-valuable digital asset, and a lump sum $250 in the crypto-asset if they spend […]

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Will NFL Star Russell Okung Have Half His $13M Salary Paid in Bitcoins?

Economy
News
Personal Finance

Carolina Panthers offensive lineman Russell Okung believes in bitcoin. In May, Okung tweeted he wanted to be paid in bitcoins. Now, he’s trying to make it happen, though not through any help from the Panthers.  Okung himself even appeared to confirm the news, tweeting he had been “paid in Bitcoin.” The idea apparently means so much to him that […]

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Can You Be Fired For Refusing to Take the Vaccine?

Economy
News

Companies are considering compulsory Covid vaccination requirements as a condition of employment.  Can you be fired if you refuse?   As difficult as the research, development and distribution stages have been, some experts argue the hardest part of fighting the virus is actually what comes next: convincing the U.S. population to take the vaccine.   Roughly four […]

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Three Alternative Ways to Use HSA’s

News
Personal Finance

HSA’s offer a rare triple tax advantage.  Here are 3 ways to use HSA’s without jeopardizing its special tax treatment.   Health Savings Accounts (HSAs) are accounts for individuals with high-deductible health plans.  Funds contributed to an HSA are not taxed when put into the HSA or when taken out, as long as they are used […]

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Who’s Building the Grocery Store of the Future?

Economy
News
Technology

The future of grocery stores will be a win-win for both stores and customers with cashierless checkout, smart charts and robotics that will clean up on aisle five   On one hand, stores want to decrease their operational expenditures that come from hiring cashiers and conducting inventory management. On the other hand, consumers want to decrease […]

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How to Find a Pet-Friendly Hotel

Lifestyle
News

Hotel pet policies are complicated, inconsistent, and full of gotcha fees. With a little preparation you can avoid most of these costs and headaches.   Here’s the basics of staying at hotels with your pets.   What ‘pet-friendly’ means (and doesn’t)…A pet-friendly hotel is generally one that allows some animals on the property under some conditions. However, […]

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What’s The ROI On Owning A Home?

News
Personal Finance

The debate over buying vs. renting has raged for years.  Let’s take a look at the true cost and benefits of buying a home.    ▪  Logan Kane, Macro, portfolio strategy, real estate, and author contends that buying a home typically carries an IRR of between 7 and 14 percent, depending on tax considerations, leverage, […]

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Amazon Is Expanding In-Garage Delivery to 4,000 U.S. Cities

Lifestyle
News
Technology

Amazon is about to see whether shoppers wary of contact with package delivery drivers would rather let them into the garage instead. Would you give up some privacy for this luxury?  Amazon.com Inc. is about to see whether shoppers wary of contact with package delivery drivers would rather let them into the garage instead. The […]

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The 60/40 Portfolio Has Another Big Year, Muzzling Critics

News
Personal Finance

To the surprise of critics who have long been calling for the demise of the  this strategy, balanced portfolio’s of stocks and bonds have performed well in 2020 A balanced portfolio of stocks and bonds for decades was among the few venerated precepts in investing. Yet doubts about the approach grew after the pandemic hit […]

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Where Are Mortgage Rates Heading in December and Beyond

News
Personal Finance

Mortgage rates are at or near historic lows.  What is the forecast for December and early 2021?  Americans have more clarity today than they did just a few weeks ago. For proof, consider that there will be a new president and administration come January. And coronavirus vaccines appear to be coming soon. These developments, in […]

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Most Wall Street Workers to Get Lower 2020 Bonuses

Economy
News

Year-end bonuses for most Wall Street workers are expected to decline this year compared with 2019 due to the impact of the COVID-19 impact on the U.S. economy, compensation firm Johnson Associates Inc said on Thursday.

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What Is the Rule of 55?

News
Personal Finance

The Rule of 55 is an IRS provision that allows you to withdraw funds from your 401(k) or 403(b) without a penalty at age 55 or older. Read on to find out how it works.

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What Does Joe Biden’s Win Mean For Your Money?

News
Personal Finance

According to Bloomberg.com, U.S. president-elect Joe Biden's proposed policies — from tax hikes to health-care changes — could shape the way millions of Americans save, spend and manage their finances for years.

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Will Working From Home Be Taxed?

Lifestyle
News

Choosing to earn a living from home once the pandemic ends is a privilege that you should pay for, according to strategists from Deutsche Bank AG’s research arm.

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How to Remove Negative Items from Your Credit Report

News
Personal Finance

With a lot of people facing financial uncertainty due to the ongoing pandemic, now is the right time to get your personal finances in order — particularly, your credit report. Here are ways to dispute inaccurate or false information from your credit report.

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Should You Roll Over an IRA to an HSA?

News
Personal Finance

You can tap money from your IRA tax-free by rolling it over to a health savings account, one of the most powerful tax-advantaged savings tools. But you need to follow a specific procedure to avoid an unexpected tax bill. Here's what you need to know.

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IRS Releases 2021 Tax Brackets and More

News
Personal Finance

The Internal Revenue Service (IRS) has announced the annual inflation adjustments for the tax year 2021, including tax rate schedules, tax tables and cost-of-living adjustments.

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First it Was Toilet Paper — Now We’re Running Out of Fridges

Lifestyle
News

If you’re looking to buy a new fridge you may be out of luck. Earlier in the pandemic, there was a run on toilet paper. Now it seems that customers looking to buy a refrigerator are facing long waiting times as models are back-ordered across the country. There are also shortages for other major appliances including dishwashers, dryers and some microwaves.

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Employment Will Not Bounce Back Until 2024

Economy
News

The overall size of the economy is expected to hit precrisis levels by the fourth quarter of next year. But the country's labor market will not reach pre-pandemic levels until 2024, according to S&P Global.

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Should the Voting Age Be Lowered to 16?

Economy
News

San Francisco could soon become the first major American city to lower its voting age to 16. If the measure is passed, it would mark a major step in a growing movement to extend voting rights to younger Americans.

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What Is LIBOR and Why is it Slated to End?

Economy
News

The LIBOR, short for London Interbank Offered Rate, is a fluctuating short-term interest rate that influences the way other interest rates are set in the world of finance. It is also used to gauge the overall health of the financial lending system on a global scale.

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