By David Enna, Tipswatch.com In two months, probably on Halloween morning, the Treasury will announce a new fixed rate, inflation-adjusted variable rate and composite rate for U.S. Series I Savings Bonds purchased from November 2025 to April 2026. And I … Continue reading →| Treasury Inflation-Protected Securities
What will be the effect of ‘big beautiful’ tax refund checks? By David Enna, Tipswatch.com Last week I read a report by David Kelly, chief global strategist at JPMorgan Asset Management…| Treasury Inflation-Protected Securities
Most people are taught to work, earn, spend, repeat. For some, it’s a great formula, for others it’s survival, not freedom. The real shift comes when you decide: instead of only working for income, I will spend my energy building something that produces income for me. That “something” is an income-producing asset. It might be…| rochemamabolo
When you do work, you’re essentially trading hours for money. It’s like drawing water with a bucket, you have to fetch it every single time. Stop fetching, and the water stops coming. Many of us spend our lives in this loop, hustling from project to project, job to job, invoice to invoice. But when you…| rochemamabolo
Form 5330 is used to report and pay excise taxes related to employee benefit plans, particularly for prohibited transactions under ERISA. Excise Tax When To Pay Penalty for Late Filing of Form 5330 Filing the Form If not filing electronically include a check payable to “United States Treasury” and send to: Department of the TreasuryInternal Revenue […]| Burypensions Blog
Not much on pensions but the book had some useful information on estates, trusts, and wills.| Burypensions Blog
Two recent studies help explain how Americans think about the financial aspects of their long-term care needs, and why they are so poorly prepared.| Howard Gleckman
In effect, the firms will be paying an export tax, though neither they nor the administration describe it this way. One reason: Such a levy appears unconstitutional.| Howard Gleckman
The 2025 budget law will accelerate Social Security insolvency to 2032. The program will go insolvent during the term of the president who succeeds Donald Trump.| Forbes
Aug. 21 update: 30-year TIPS reopening gets real yield of 2.650% By David Enna, Tipswatch.com The U.S. Treasury on Thursday will offer $8 billion in a reopening auction of CUSIP 912810UH9, a 30-yea…| Treasury Inflation-Protected Securities
11.23.2024 I was asked “How are median wages purchasing power at record levels, yet 60% of Americans are living paycheck to paycheck?” Are the statistics lying? Well, let’s solve this little puzzle together. Lots of media and financial services conduct... Continue Reading →| Econ Chris Clarke
Can U.S. economic data be trusted? AI-generated image for threatening sky. Source: Google Gemini. By David Enna, Tipswatch.com Bloomberg carried an article last week with a stunning headline: ̶…| Treasury Inflation-Protected Securities
As many as three in ten older patients may acquire delirium in the hospital. And the consequences can be severe, including longer hospital stays and even death.| Howard Gleckman
The Tax Policy Center estimates only about 3 percent of households will benefit from the deduction for tips while about 9 percent will pay less income tax on overtime| Howard Gleckman
Trump is changing Medicare, mostly focusing on providers. But the biggest impact may come from tariffs and deporting immigrants. Combined, these direct and indirect c| Howard Gleckman
Millions of Americans are struggling to care for relatives who increasingly need help with their daily activities, from bathing to shopping.| Forbes
Yesterday the Pensions for All Act was introduced by Senator Bernie Sanders: . . Excerpts from the summary of the bill: This legislation would require corporations to either: Importantly, this legislation would provide important financial protections for the self-employedand small businesses. Under this bill, they would only contribute half as much into FERS aslarge corporations […]| Burypensions Blog
Cash Balance (CB) plans did not exist when I became enrolled as an actuary and it has taken me some time to be entirely comfortable with them. However, a generation of TPAs and Financial Advisors a…| Burypensions Blog
The bill is regressive, expensive, complicated, and it treats people who make roughly the same amount of money in very different ways.| Howard Gleckman
The budget includes a deduction for taxpayers over age 65, starting in 2025. But it would benefit fewer than half of older adults, the Tax Policy Center estimates.| Howard Gleckman
The declared lifespan of tax changes may not mean what you think. Lawmakers repeatedly extend temporary tax breaks. And they rewrite permanent provisions almost as often| Forbes
The budget bill would slash safety net programs for older adults, people with disabilities, and their family caregivers. The bill also lowers taxes for some seniors.| Howard Gleckman
The tax provisions of the budget bill being debated in the Senate would be more regressive than the Finance Committee version, says a new Tax Policy Center analysis.| Howard Gleckman
About 83% of households would have their taxes cut. However, like its House counterpart, the bill would target most of its benefits to higher-income households.| Forbes
The Senate’s draft budget bill would cut Medicaid for older adults more deeply than the House version. It would scrap a Biden-era minimum staffing rule for nursing homes.| Howard Gleckman
The ’74 law not only failed to slow spending and tax cuts, it has enabled them. Because Congress has distorted the law, deficits likely are worse than without it.| Forbes
If you’re new here, welcome to On the Commons! Here, we explore questions as varied as: Why are three little-known 15th-century papal bulls still being weaponized against Indigenous sover…| Antonia Malchik
When people lived on the breadline if the price of bread rose then they often rioted. By and large people today do not riot in rich countries in response to rising …| Mike Haynes - The Jobbing Leftie Historian and Researcher
President Trump and his allies on Capitol Hill are creating new bureaucratic hurdles to prevent families from tapping government benefits.| Forbes
The House budget reconciliation bill would cut taxes by an average of about $2,900, according to the Tax Policy Center. 84 percent of households would get a tax cut.| Forbes
Some of the top themes for this year were growing closer with friends, knee surgery & recovery, loss, Hardcover and finding balance.| Minafi
By David Enna, Tipswatch.com The Treasury’s offering of $21 billion in a reopened 5-year Treasury Inflation-Protected Security — CUSIP 91282CKL4 — generated a real yield to maturi…| Treasury Inflation-Protected Securities
More states are now giving money to families who pull their kids out of public school, creating a pot that can be spent on online learning and microschool programs.| Forbes
Programs offering “direct admissions”—without a formal application—are spreading. The trend could accelerate in the the wake of the Supreme Court decision killing affirmative action.| Forbes
Looking for the best and most affordable places to live in America? A new report has the answers. (The results might surprise you.)| Forbes
See which two cities tied for the top spot in a new list of the world's most expensive places to live. Plus, the world's cheapest cities to live.| Forbes