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
Taxes
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