Elderly at Risk: Social Security Insufficiency Sparks Concerns
According to MassMutual’s recent survey, around 40 percent of the elderly envision Social Security as their primary income source. However, more than a third reckon this will not be sufficient to cover their expenses for over a decade, sparking fears of future financial instability for these individuals.
Nadia Vanderhall, a financial adviser, has underlined the …
Seniors Fear Social Security Instability, Experts Advise Diversification
A recent MassMutual poll discovered increasing concerns among older adults regarding financial sustainability amid fears that the Social Security system could be bankrupt by 2033. Around 40% of those polled plan to depend heavily on Social Security benefits, yet more than a third fear their retirement savings will run out within a decade.
Financial advisor …
FTC Sues H&R Block for Deceptive Marketing Practices
The Federal Trade Commission (FTC) is suing H&R Block over alleged deceptive marketing and inappropriate removal of customer tax data. Customers were persuaded to purchase a ‘Free Online’ tax filing service that was often not truly free due to hidden costs. The accusations also include H&R Block making transfers to more affordable online services difficult …
Financial Missteps: Lessons from History’s Costly Mistakes
Did you know Ronald Wayne, an original Apple investor, missed out on a potential $300 billion payday? He sold his 10% Apple share for a mere $2,300 after just twelve days. Fear of financial risk drove him to make this decision, now seen as one of history’s biggest missed financial opportunities. Despite Wayne’s focus on …
Alexa von Tobel Champions Youth Financial Literacy
Noted investor and author, Alexa von Tobel, emphasises the necessity of educating children on financial matters. With a varied background spanning from founding the online financial advisory, LearnVest, to her current administrative partner role at venture fund Inspired Capital, her passion for economic enlightenment is clear.
Tobel’s …
Uptown Rogers Adapts Amid Infrastructure Overhaul
Adjusting to ever-changing surroundings due to regular construction, Uptown Rogers’ residents and businesses are showing commendable patience and adaptability. The construction work primarily surrounds the roundabout of Pinnacle Hills Parkway and Pauline Whitaker Parkway, and it impacts traffic flow and pedestrian accessibility. However, the locals anticipate the significant improvements these changes will bring.
Residents like …
Guarding Against Tax Scams and Identity Theft
As tax season rolls around, it’s important to stay vigilant against the increasing threat of tax scams and identity theft. Fraudsters often impersonate tax officials to steal personal information or con unsuspecting taxpayers into making payments directly to them. Always double-check legitimacy before sharing your information; the IRS, for instance, will never request personal details …
Andrew Keshner Pivots to IRA CDs: Tax Implications Explored
In August 2022, seasoned investor Andrew Keshner sold his real estate holdings to fund Individual Retirement Account Certificates of Deposit (IRA CDs), surprising those in his circles. Keshner’s move marked a strategic pivot toward retirement savings for the long haul.
Ruminating on the possible tax implications of withdrawing from an IRA CD, Keshner is unsure …
J Creative Entertainment Amplifies AAPI, Filipino Experiences
J Creative Entertainment, co-founded by JP Mallo and Justyn Reyes, has embarked on a fresh project to develop narratives centered on the cultures, traditions and stories of the Asian American and Pacific Islander (AAPI) as well as Filipino communities for worldwide audiences.
Established in 2019, the company has already successfully oversaw marketing campaigns for TV …
Daiichi Sankyo Under Scrutiny for Misleading Drug Promotions
Pharma giant Daiichi Sankyo is currently under investigation by the U.K.’s Prescription Medicines Code of Practice Authority (PMCPA). The company stands accused of misleading promotional tactics for their cholesterol drugs, Nilemdo and Nustendi, with main controversy stemming from the unclear guidance about using these drugs in conjunction with simvastatin.
The fuzziness of the information given …