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Keyword: ira

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  • White House considering tax incentive for more Americans to buy stocks, sources say

    02/15/2020 2:14:37 PM PST · by Libloather · 76 replies
    CNBC via MSN ^ | 2/14/20 | Kayla Tausche
    WASHINGTON - As part of a forthcoming package of proposed tax cuts, the White House is considering ways to incentivize U.S. households to invest in the stock market, according to four senior administration officials familiar with the discussions. The proposal, one of many new tax cuts under consideration, would see a portion of household income treated as tax-free for the purposes of investing outside a traditional 401(k). Under one scenario, a household earning up to $200,000 could invest $10,000 tax-free, although officials noted these numbers are fluid. "Nothing's ruled out," said one senior administration official. "Nothing's been ruled in, either."...
  • Sinn Féin leader Mary Lou McDonald blasts 'arrogant' political rivals for denying her party place in next Irish government over historic links to IRA

    02/15/2020 9:13:53 PM PST · by Olog-hai · 7 replies
    Daily Mail (UK) ^ | 10:20 EST, 15 February 2020 | James Mills
    Sinn Féin leader Mary Lou McDonald today blasted “arrogant” political rivals for denying her party a place in the next Irish Government. Fianna Fáil leader Micheál Martin has ruled out entering a coalition with the left-leaning party because of historic links to the IRA. Ms. McDonald told a party meeting in Belfast: “The political establishment of Fianna Fáil and Fine Gael are circling the wagons in defense of a status quo that will not deliver the change citizens voted for last weekend. Because they don’t want change. That is why they said they wouldn’t talk to us. And it now...
  • Sinn Féin declares victory in Irish general election

    02/10/2020 10:24:06 AM PST · by C19fan · 38 replies
    UK Guardian ^ | February 10, 2020 | Rory Carroll
    Sinn Féin has declared victory in Ireland’s general election and called for talks with other main parties to form a coalition government. Its leader, Mary Lou McDonald, urged Fine Gael and Fianna Fáil to start negotiations with the republican party as the scale of its breakthrough confirmed a realignment of Irish politics. Irish general election: who won and what happens now? Read more “Sinn Féin has won the election. We have won the popular vote,” McDonald said, as counting of votes to fill seats in Dáil Éireann, parliament’s lower house, continued in constituencies across the country. With full results expected...
  • Marie Yovanovitch, former Ukraine ambassador recalled by Trump, is retiring from State Department

    01/31/2020 10:51:25 PM PST · by conservative98 · 53 replies
    Fox News ^ | 1/31/20 | Nick Givas
    Marie Yovanovitch, who testified during House impeachment hearings against President Trump, will be retiring from the U.S. foreign service less than a year after her removal as ambassador to Ukraine. A source familiar with the situation confirmed Yovanovitch's exit on Friday.
  • Silk Road Creator Sentenced to Life Without Parole for Doing What We Pay the Russians to Do

    06/12/2015 7:06:58 AM PDT · by lifeofgrace · 21 replies ^ | 6/12/15 | Steve Berman
    [caption id="attachment_1512" align="aligncenter" width="620"] Image source:[/caption] See that over-the-top, anti-Obama comment on Facebook or your favorite blog?  It could be a paid Russian troll.  See the picture above?  He's serving a life sentence without parole because he started an illegal website.  He claims to be a Libertarian, but he certainly made a ton of money (the Feds claim over $100 million) selling--well, everything, sort of like Amazon, but much smaller and very much in the shadows of the "dark web." What do Russian trolls have to do with a guy in prison for life?  One of them was caught...
  • U.S. economy on path to 'solid' 2020 growth; budget deficits to top $1 trillion

    01/28/2020 12:14:20 PM PST · by Oldeconomybuyer · 12 replies
    Reuters ^ | January 28, 2020 | by Richard Cowan
    WASHINGTON - The U.S. economy will grow at a “solid” rate of 2.2% this year, the non-partisan Congressional Budget Office forecast on Tuesday, but with federal budget deficits hitting $1.015 trillion. While the economy will be on good footing during this presidential election year, CBO also noted that conditions will lead to “higher inflation and interest rates after a decade in which both remained low, on average.” The inflation and interest rate rises will be noticed this year and continue through 2022 before settling down beginning in 2023, under the forecast. In its updated budget and economic outlook spanning the...
  • The SECURE Act is changing retirement — here are the most important things to know

    01/28/2020 8:16:41 AM PST · by ProtectOurFreedom · 40 replies
    MarketWatch ^ | January 8, 2020 | Allesandra Malito
    President Trump signed the SECURE Act this week (January 8, 2020) as part of the government’s spending bill and it will inevitably affect most retirement savers, for better or worse. The SECURE legislation — which stands for “Setting Every Community Up for Retirement Enhancement” — puts into place numerous provisions intended to strengthen retirement security across the country. Part of the bill addresses the grim outlook for many workers who don’t have access to workplace retirement accounts. It offers small businesses tax incentives to set up automatic enrollment in retirement plans for its workers, or allows them to join multiple...
  • Social Security vs private retirement (Vanity)

    12/01/2019 7:38:38 AM PST · by rey · 38 replies
    1 December 2019
    I remember seeing a couple of sites/articles on how if one were to pay the same amount into a private retirement fund or annuity investment how much more one would get in return than they would from social security. Can someone help locate such a site/article? Thanks.
  • How Long Will Your $1 Million Last In Retirement?

    10/29/2019 8:32:13 AM PDT · by SeekAndFind · 94 replies
    IBD ^ | 10/29/2019 | Paul Katzeff
    div class="single-post-content post-content drop-cap"> Congratulations! Your retirement planning paid off. You built a $1 million retirement nest egg. But how long will $1 million last in retirement? Retirement Planning To Make Your $1 Million Last Let's say you're 65 years old and earn $115,000 a year. That's a decent annual income, but it's no king's ransom. It's enough to let you sock away good chunks of money each year. But it's not so high that it trips over income limits when it comes to saving in a retirement plan such as a 401(k).The simple arithmetic answer to the how-long-will-it-last retirement...
  • Should You Dump Your Mutual Funds For ETFs? What's the real Difference?

    10/15/2019 9:50:40 AM PDT · by SeekAndFind · 26 replies
    IBD ^ | 10/15/2019 | Paul Katzeff
    For the diversified portion of countless investors' portfolios, the key choice has been ETFs vs. mutual funds for years now. For many investors, the choice boils down to this: Exchange traded funds tend to be cheaper than mutual funds. So shouldn't investors simply stick with ETFs? X In fact, shouldn't you dump your mutual funds for ETFs?You might be tempted to switch since many financial advisors and independent investment strategists now focus on using ETFs rather than mutual funds to build clients' portfolios. That's mainly because of cost, flexibility, transparency and tax efficiency:ETFs cost less. Most ETFs have lower...
  • Remain Media Quiet as Court Rules No Deal Brexit Does Not Breach Irish Peace Deal

    09/14/2019 10:59:06 AM PDT · by BeauBo · 17 replies
    Breitbart ^ | 14 Sep 2019 | JACK MONTGOMERY
    The High Court of Northern Ireland has ruled that a no-deal Brexit would not breach the Good Friday Agreement, which supports the peace process in the British province. Northern Ireland, known colloquially as Ulster, was for decades wracked with violence perpetrated by terrorists claiming to be fighting on behalf of the minority of the population which supports leaving the United Kingdom and uniting with the Republic of Ireland, and to a lesser extent by loyalist paramilitaries. This conflict, known as The Troubles, was significantly wound down by the Good Friday Agreement, or Belfast Agreement, signed in the 1990s... Campaigners seeking...
  • Irish Prime Minister Threatens Boris With UK Break Up in No Deal Brexit

    07/28/2019 7:52:49 AM PDT · by KC_Lion · 67 replies
    Breitbart ^ | 27 Jul 2019 | Breitbart London
    London (AFP) – A no-deal Brexit could lead to a united Ireland as more people in Northern Ireland would “come to question the Union” with Great Britain, Irish prime minister Leo Varadkar has said. His comments came after new British prime minister Boris Johnson said the current Brexit deal was unacceptable and set preparations for leaving the EU without an agreement as a “top priority” for his right-wing government. Tension around the withdrawal deal centres on the so-called Irish backstop — a mechanism designed to keep Northern Ireland in the bloc’s Single Market and prevent a customs border between it...
  • The Democrats’ Biggest Expert Accusing Republicans of Russian Trolling Was a Russian Troll

    12/30/2018 6:36:24 PM PST · by Louis Foxwell · 26 replies
    FrontPage ^ | December 31, 2018 | Daniel Greenfield
    The Democrats’ Biggest Expert Accusing Republicans of Russian Trolling Was a Russian Troll They invented the Russian conspiracy, then they faked the crimes. December 31, 2018 Daniel Greenfield Daniel Greenfield, a Shillman Journalism Fellow at the Freedom Center, is an investigative journalist and writer focusing on the radical Left and Islamic terrorism. When the Democrats and the media wanted to prove that Russian trolls were everywhere, and supporting Republicans, they turned to Jonathon Morgan and Renee DiResta. Morgan and DiResta had originally been part of Obama’s futile effort to fight ISIS on social media, before discovering a much more lucrative...
  • Alabama Attorney General Asks Feds to Probe 2017 Election

    01/08/2019 10:05:25 AM PST · by bitt · 15 replies ^ | 1/8/2019 | IVAN PENTCHOUKOV
    The Alabama attorney general on Jan. 7, called on federal authorities to investigate the state’s 2017 special election for the U.S. Senate. Alabama Attorney General Steve Marshall made the announcement after conducting an informal inquiry into reports of a false-flag operation designed to boost Democrat Doug Jones, who defeated Republican Roy Moore by a thin margin in a hotly contested race. The New York Times reported in December that a secret social media operation funded by billionaire Democratic donor Reid Hoffman directed thousands of accounts designed to appear like Russian bots to follow Moore. A Facebook page then falsely portrayed...
  • Federal judge has issued a significant rebuke of a core Mueller claim.

    07/09/2019 7:07:15 PM PDT · by E. Pluribus Unum · 22 replies
    Twitter ^ | 6:15 AM - 9 Jul 2019 | Aaron Maté
  • Congress Is Coming for Your IRA

    07/20/2019 12:54:26 PM PDT · by BradtotheBone · 125 replies
    The Wall Street Journal ^ | July 9, 2019 7:06 pm ET | By Philip DeMuth
    Like grave robbers opening King Tut’s tomb, Congress can’t wait to get its hands on America’s retirement-account assets. The House passed the Setting Every Community Up for Retirement Enhancement Act, known by the acronym Secure, in May. The vote was 417-3. The Secure Act is widely expected to pass the Senate by unanimous consent. While ostensibly helping Americans save for retirement, the bill would actually reduce the value of all retirement savings plans: individual retirement accounts, 401(k)s, Roth IRAs, the works. The main problem with the Secure Act is that it eliminates the stretch IRA, the fixed star in the...
  • Beware, the IRS is eyeing your inherited money

    07/15/2019 10:21:23 AM PDT · by DFG · 42 replies
    Market Watch ^ | 07/15/2019 | Staff
    One of the perils of being well-off is the constant risk that the federal government and/or your friendly state and local tax collectors will figure out new and different ways to snatch more of your wealth. Especially wealth that you earned the old-fashioned way: by inheriting it. To raise your paranoia to the appropriate level, here are two new things to worry about. Few noticed when the House of Representatives in May overwhelming passed the imaginatively named “Setting Every Community Up for Retirement Enhancement (SECURE) Act of 2019.” The vote was 417-3. Senate passage was thought to be a mere...
  • Mueller’s Own Report Undercuts Its Core Russia-Meddling Claims

    07/06/2019 8:13:59 PM PDT · by Mount Athos · 6 replies
    At a May press conference capping his tenure as special counsel, Robert Mueller emphasized what he called "the central allegation" of the two-year Russia probe. The Russian government, Mueller sternly declared, engaged in "multiple, systematic efforts to interfere in our election, and that allegation deserves the attention of every American." Mueller's comments echoed a January 2017 Intelligence Community Assessment (ICA) asserting with "high confidence" that Russia conducted a sweeping 2016 election influence campaign. "I don't think we've ever encountered a more aggressive or direct campaign to interfere in our election process," then-Director of National Intelligence James Clapper told a Senate...
  • New House bill may change how you plan for retirement

    06/14/2019 6:28:50 AM PDT · by Diana in Wisconsin · 131 replies
    MSN 'News' ^ | June 14, 2019 | ABC 'News' Staff
    The House of Representatives recently passed a bill that may complicate retirement planning options for Americans. The House passed the Setting Every Community Up for Retirement Enhancement (SECURE) Act of 2019 on May 23. If enacted into law, it could be tricky for Americans who are not financially savvy investors. Some of the changes could benefit consumers: The law encourages more small employers to offer 401(k) plans and raises the age for required minimum distributions (RMDs) from retirement accounts to 72 from 70.5, a nod to longer life expectancies and later retirements. However, there are some changes that consumers should...
  • Tons of Hizballah explosives in secret bomb factory uncovered in London

    06/11/2019 11:49:24 PM PDT · by robowombat · 42 replies
    UK: Tons of Hizballah explosives in secret bomb factory uncovered in London Terrorists with links to the Iran-backed militant group Hezbollah have reportedly been caught stashing tons of explosive materials in London. “The amount of ammonium nitrate reportedly found was more than that used in the Oklahoma City bombing” 24 years ago, in which at least 168 people were killed and over 680 others injured. This is merely a warning of more to come. The advancement of jihadists in the UK — and in fact most of the West — was facilitated by Leftist leaders who believe to this day...