As I’ve written in the past, you can’t rely on Social Security to provide accurate information on your options. In my experience, over half of what Social Security staff tell people is either flat out wrong, incomplete, or misleading. Also, as I’ve described in prior columns, Social Security is actively engaged in different ways to
Taxes
As medicine, science, and the law continue to develop, lawsuits for wrongful birth and wrongful life are increasingly being recognized. Wrongful birth actions are brought by parents to recover for the birth of an unhealthy child. The parents’ right to recover is based on the defendant’s negligent deprivation of their right to not conceive the
A protester wears a T-shirt in support of Bernie Sanders, an independent from Vermont who is part of a group of Democrats looking to beat Trump in 2020. Photographer: John Taggart/Bloomberg © 2016 Bloomberg Finance LP If you’re a rich Democrat, you wake up each day with self-loathing, wondering how you can make the world
For three decades, Paul Aris has been a financial and wealth management advisor. Janney Montgomery Scott For decades, I have worked in or with financial institutions, especially banks, identifying risks and finding ways to measure and mitigate them. Since early last year I have been advising my clients, that enough macro and credit data lead
The market plunge in May shocked the bulls. By many measures, it was the most severe decline this year and even over the past several years. On April 30, when bullish sentiment in the media was very high right after the eventual top, we wrote, “We would increase exposure on the short side.” The next
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 addresses addresses filing a restricted application for spousal benefits only versus filing and suspending a retirement benefit, the earnings test, the possibility of collecting past benefits not filed for and
Four ways to minimize taxes on your investments. Getty No one likes paying taxes…even though a high tax bill can be considered a ‘good problem.’ Investors sometimes go to great lengths trying to reduce or eliminate their tax bill. Although being tax-efficient with your investments and financial decisions is a great way to maximize your
NEW YORK, NY – SEPTEMBER 15: Technology monitors a patient’s vital signs in New York City. (Photo by Andrew Lichtenstein/Corbis via Getty Images) Corbis via Getty Images As a tax shelter, health savings accounts are a winner, and are growing in popularity. But, according to a new study (subscription only) by Paul Fronstin and M.
The Department of Justice announced that one of its alumni strayed. According to court documents, attorney James F. Miller, 67, underreported his gross income on his 2010 through 2014 tax returns by approximately $2,215,587. Miller, a tax policy lobbyist and former employee of the Justice Department’s Tax Division, filed multiple false tax returns with the
Photographer: Daniel Acker/Bloomberg © 2019 Bloomberg Finance LP Americans dreaming of a socialist America, but having no clear idea what it would look like, should talk to the Greeks. Greece has tried almost every socialist policy that is there to try, from minimum wage hikes to free education and free healthcare. And it has seen the consequences of these