Social Security may be one of your largest assets. What and when you collect will make a huge difference to your lifetime benefits. Today’s column examines remarriage while receiving Social Security survivor’s benefits, filing for and suspending a retirement benefit versus filing a restricted application for spousal benefits only, scam claims about benefit windfalls, and
Taxes
null Getty Booking.com, the online travel agent, is the focus of an investigation in Italy into $167m of unpaid VAT on holiday rentals made through its website. Two sources told the FT that the inquiry is focusing on the VAT owed on payments between individuals for rental properties advertised by the popular hotel and holidays
Today, the House Ways and Means Committee held its fourth and likely final hearing on the Social Security 2100 Act, a proposal to expand Social Security benefits that has 210 Democratic sponsors and is likely to pass the House in the autumn. That hearing will itself be largely uninformative: House Democrats have yet to call
A toddler is trying to escape from his crib – do you need help to escape from a bad annuity? Getty If you find yourself in an annuity that no longer meets your financial planning needs, you may find yourself asking, “What is the best way to escape a dreadful annuity? You do luckily have
Tax reform and gun control both arouse passionate dispute. That is one thing that they have in common. Another thing that they have in common is a kind of knowledge imbalance between people arguing opposite sides. The knowledge imbalance might be, in part, a result of the passion. People resistant to gun control, on the
Disgraced Wall Street financier Bernard Madoff (C) arrives at a US Federal Court on March 12, 2009 in New York. Photo credit: TIMOTHY A. CLARY/AFP/Getty Images Getty Ponzi schemer Bernard Madoff has been in prison over 10 years (time flies) but still has another 140 years to go. He’s now asked President Trump, who has
As Boris Johnson becomes the U.K’s next prime minister after a decisive victory against foreign secretary Jeremy Hunt, it is good to remember his tax fisticuffs. Before this win, Mr. Johnson was a flamboyant Mayor of London, then foreign secretary. Yet he was famously also an American citizen, born in the U.S., leaving at age
Mother giving an insulin injection with a syringe to her lovely toddler girl with diabetes. Getty If you’ve grown tired of digging into your wallet to pay for out-of-pocket medical expenses, you might be getting a break. The Internal Revenue Service (IRS) has added treatments for a range of chronic conditions to the list of
Sen. Elizabeth Warren (D-MA) is a 2020 presidential candidate. (Photo by Justin Sullivan/Getty Images) When it comes to cancelling your student loans, Elizabeth Warren has a plan for that. Here’s what you need to know. Elizabeth Warren: Let’s Cancel Student Loan Debt Sen. Warren (D-MA), a 2020 presidential candidate, introduced legislation today – the Student
I don’t think I’m breaking any news when I say that you’ve always been a disappointment to your Dad. It all started when he proudly showed up to your fifth grade field day — so full of hope and pride — only to watch you jog a quarter-mile, vomit all over your shoes, and spend