For many contemplating retirement, one’s future living arrangements is the most thought about – yet least acted upon – aspect of retirement planning. According to the U.S. Bureau of Labor Statistics even though housing is the largest average cost in retirement, older Americans move far less often than the general population. The home is the
Starting on July 15, the IRS will begin distributing a monthly Child Tax Credit payment to at least 39 million families, or almost 90 percent of families with children. The agency has created a new online portal to help families claim the correct amount. But the portal may have no way for claimants to add
Singapore aims to grow by 7-8% by 2030. This figure would represent moderate growth if it referred to the country’s GDP; however, it is referring to the physical country itself. We may not realize it, but many of us live and work in neighborhoods located on former rivers, bays, and oceans that were reclaimed and
Zoom In IconArrows pointing outwards SINGAPORE — Malaysia’s daily Covid-19 cases are climbing rapidly and have surpassed India’s on one critical measure, according to statistics site Our World in Data. India has been experiencing a devastating second wave since April and has the world’s second largest Covid caseload. The country’s daily case count, while trending
The New York Stock Exchange welcomes Lightning eMotors (NYSE: ZEV), on May 24, 2021, in celebration of its transition to a public company. NYSE Stock futures ticked marginally higher in overnight trading after the market rally stalled Tuesday, with major indexes ending the regular session slightly lower. Futures on the Dow Jones Industrial Average rose
NASA astronaut Peggy Whitson working onboard the International Space Station in August 2017. Jack Fischer / NASA Axiom Space on Tuesday announced that retired NASA astronaut Peggy Whitson and auto racer John Shoffner will lead the company’s second private spaceflight to the International Space Station, tentatively scheduled for the second half of 2022. The pair
FatCamera | E+ | Getty Images Working families who struggle to pay for child care may get some relief from 2021 changes to flexible spending accounts. The American Rescue Plan, President Joe Biden‘s $1.9 trillion stimulus package, boosted child-care assistance through temporary changes to dependent-care FSAs. The law increased 2021 dependent-care FSA limits to $10,500
Today’s column addresses questions about whether a number of years with no income taxed by Social Security will actually lower retirement benefits rates, whether it’s possible to be reimbursed for a gap in different types of benefits and how spousal benefit rates are determined. Larry Kotlikoff is a Professor of Economics at Boston University and
In the latest episode of Tax Notes Talk, Tax Notes legal reporters Ryan Finley and Kiarra M. Strocko discuss the EU General Court’s judgments in Amazon and Engie and their effect on state aid rules. David Stewart: Welcome to the podcast. I’m David Stewart, editor in chief of Tax Notes Today International. This week: the state of state
Miami Beach, long a focal point for lovers of sun, sand and saturnalia, has adopted a new and more businesslike persona over the past pandemic-pummeled months. The city’s office market has been transformed into a haven for corporate transplants, welcoming increasing numbers of Wall Street dynamos and financial powers to its C-suites, and sparking a