Retirement Assets in the Event of a Divorce Federal law requires that participants in employer-sponsored retirement plans designate their spouse as their beneficiary unless the spouse waives this right in writing. Assuming that you and your spouse adhered to this practice, a document known as a Qualified Domestic Relations Order (QDRO), which is part of […]
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‘Lifestyle’ Category
About a third of all adults over the age of 85 will get Alzheimer’s disease or some other form of dementia, but these maladies may be more preventable than most of us realize. Doctors have known that older adults who use their brains more actively are less likely to fall victim to dementia, while less […]
You undoubtedly know that hackers are everywhere these days, including openly operating in Moscow near the government offices and inside the Chinese military. You probably have virus and malware protection on your computer, and you know not to click on suspicious links sent by email. But an interesting new vulnerability is emerging which you may […]
What’s the best way to be happy and successful? What do most happy and successful people have in common? If you answered “money,” or anything to do with meditation or networking skills, you’re off the mark, according to Jason Butler, a former financial planner who is currently working as a motivational speaker. He says that […]
Let’s see where the action is! When you look at the geographic map of the world, you’re actually looking at several major distortions. First, unless you’re looking at a globe, the map will show Antarctica, Greenland, Iceland, Canada and Australia as much larger than they actually are, while equatorial areas like the middle of South […]
Millions of Millionaires Here’s a quick factoid quiz: which country around the world has the most millionaires? How many total millionaires are there in the world today? According to the 6th annual Credit Suisse Global Wealth Index, measured in dollar terms, there are 33.7 million households worldwide with $1 million or more in total net […]
2015 Year End Report In year just past, we experienced many things—a prelude to a Presidential election, a renewal of terrorist concerns, a trip to Pluto—but in the investment markets, we will look back and yawn. Despite some entertaining ups and downs, particularly in the third quarter of the year, the markets ended pretty much […]
What Are the Tax Issues Associated With a Gain or Loss on a Primary Residence? For U.S. federal income tax purposes, you may be able to exclude from income any gain up to $250,000 for a single taxpayer and $500,000 for a married couple filing a joint return. Generally, to exclude the gain, you must […]
Last month Congress passed the U.S. Commercial Space Launch Competitiveness Act, a bill that allows private citizens to own resources in outer space. The headlines and quotes from different private sector space ventures hailed this as a major breakthrough, a chance for companies to travel to distant asteroids and bring back precious metals for sale […]
We will almost surely see the U.S. Federal Reserve Board start the long process of ending its intrusion into the interest rate markets, by allowing rates to rise starting on Wednesday. It will be the first time the Fed has raised rates since 2006, and for some it will mark the beginning of the final […]
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