Minneapolis Police Chief Medaria Arradondo addresses the media, Wednesday, June 10, 2020 in … [+] Minneapolis. The press conference follows the Memorial Day death of George Floyd in police custody after video shared online by a bystander showed former officer Derek Chauvin kneeling on Floyd’s neck during his arrest as he pleaded that he couldn’t
Retirement
This article is a part of a series; click here to read Part 1. Another possible behavioral explanation is the feeling of being poorer after annuitization because of the resulting noticeably lower remaining account balance. This confuses total wealth with the spending power available from that wealth, but it can exert a powerful psychological influence
Getty Last week, I wrote about a newly-handed-down Supreme Court ruling that determined that, in a case where pension plan participants were not actually harmed, they could not sue their former employer for mismanaging their pension. As something of a tangent, I observed that participants in multiemployer plans would indeed be harmed, because there is
TOPLINE The stock market rebounded slightly on Friday, attempting to recoup some of its losses from a day earlier when fears over a resurgence of coronavirus cases led to the worst market drop since March. The market attempted to rebound from a massive sell-off on Thursday. Wang Ying/Xinhua News Agency/Getty Images KEY FACTS The Dow
Getty Is IRC Section 1400Z Really the law, or a parody? When Congress and the President passed the TRA The Economic Opportunity Zone rules came into play. At IRC Section 1400Z Real estate and other investors shouted with glee Under this new and fantastic provision Taxpayers have factors to weigh in their decision If little
Dozens of thousands of protesters demonstrated in Toulouse for the 6th demonstration called by … [+] nearly all trade unions (CGT, SUD, UNL, UNEF, FO, etc.). It’s the 44th day of protests, strikes and actions. Protesters demand the withdrawal of the new reform of retirement (age, pension, conditions, etc.). Macron’s governement proposes a change between
Getty With unemployment at all-time lows, now might be the best time for you to be looking for a full-time job. The challenges, however, are greater if you’re over 50 years old. According to data compiled by the U.S. Department of Labor, Bureau of Labor Statistics, on average it takes those 55 to 64 two
Understanding the relationship between bond risk and time to maturity and duration of a bond provides the basis for understanding the bond yield curve. The yield curve shows the yields to maturity for a series of bonds—typically US Treasury bonds—with the same credit quality but different maturity dates, along with the term structure for interest
Getty The Setting Every Community Up for Retirement Act (SECURE Act) is officially becoming a law. This comes after years of American workers staring down the barrel of a retirement crisis. A 2018 U.S. Bureau of Labor Statistics study shows that 55% of American workers participate in employer sponsored retirement plans, and the majority of
CHICAGO, IL – OCTOBER 01: Illinois gubernatorial candidate J.B. Pritzker speaks during a round table … [+] discussion with high school students at a creative workspace for women on October 1, 2018 in Chicago, Illinois. Pritzker was joined by his Illinois gubernatorial Lieutenant Governor candidate Juliana Stratton and former Secretary of State Hillary Clinton as