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There’s no doubt that there’s been a rise in the popularity of marathons and their accompanying half-marathons—especially in recent years. But if you believe these events are reserved for elite athletes, think again. There’s a marathon for everyone—from people who just want to have a good time to those seeking an obstacle course. And don’t

Required minimum distributions (RMDs) from individual retirement accounts (IRAs) can be a blessing. After all, you worked hard during your life to earn a regular form of income during your retirement. You can begin taking RMDs from your traditional IRA start when you turn 72. This is non-negotiable and is a requirement of the account.

With some 65 million Americans receiving Social Security benefits, it isn’t surprising that scam artists invoke the program’s name in fraudulent phone calls, texts, emails, and letters. Their schemes typically involve impersonating the Social Security Administration in order to obtain, and then misuse, Social Security numbers (SSNs) and other personal information. Here’s a rundown, by

In this article WDC A Western Digital office building is shown in Irvine, California, U.S., January 24, 2017. Mike Blake | Reuters Company: Western Digital (WDC) Business: Western Digital is a leading developer, manufacturer, and provider of data storage devices and solutions and operates in two market-leading franchises: hard disk drives (“HDD”) and NAND flash

In certain cases, individuals who immigrate to the United States when they’re age 65 or older may be entitled to draw Social Security benefits, just like any natural-born American citizen. In other cases, immigrants may only draw on their home country’s retirement programs. And some immigrants qualify for benefits from both countries. Here’s an overview

Financial advisors who are also brokers are reimbursed by mutual fund companies when one of their clients invests in a fund the company sponsors. In such cases, the financial advisor receives a trailer fee, which is a fixed percentage of the client’s investment in a mutual fund, as long as the client’s money remains invested

Jerome Powell, Federal Reserver Governor. Katie Kramer | CNBC The Federal Reserve just raised its benchmark interest rate by half a percentage point, its largest such move in more than two decades, as it seeks to tame inflation. The central bank’s actions mean that, in an era of sharply rising prices for everything from food

Everyone knows that investment banking is a lucrative field. Entry-level jobs quickly provide six-figure salaries. Senior investment bankers earn tens of millions of dollars every year. Getting to the top of this field is a multi-step process that requires a combination of education, ambition, hard work, skill, experience, connections, and sometimes more than a little

In this article BLK SPY TSLA Cathie Wood, chief executive officer and chief investment officer, Ark Invest, gestures as she speaks during the Bitcoin 2022 Conference at Miami Beach Convention Center on April 7, 2022 in Miami, Florida. Marco Bello | Getty Images Elon Musk and Cathie Wood took aim at index funds in a

You’re supposed to receive a receipt for everything you purchase, but do you get a receipt for what might be your largest monthly expense? If you’re renting, you might be paying tens of thousands of dollars annually and without having actual proof that you paid anything at all. There are plenty of reasons why you

People walk through the North American Bitcoin Conference held at the James L Knight Center on January 18, 2022 in Miami, Florida. Joe Raedle | Getty Images The Luna Foundation Guard has acquired $1.5 billion in bitcoin to bolster the reserves of its most popular stablecoin, known as U.S. Terra. Stablecoins are cryptocurrencies that aim

Americans were sitting on $9.9 trillion in home equity at the end of 2021, a record high. At the same time, student loan debt hit a staggering $1.747 trillion. For individuals without the savings to cover the astronomical cost of college these days, tapping into home equity via a home equity loan is a very

Traders work on the floor of the New York Stock Exchange (NYSE) in New York, April 6, 2022. Brendan McDermid | Reuters How do you spell “capitulation?” F-E-A-R. That’s what this market breeds, and there has been no escape from that wild bear out for your lunch. Putting it in the starkest black and white,

If you’re considering selling your house, one strategy you can choose is a for sale by owner (FSBO) route. By choosing not to use a real estate agent for the sale of your property, you take on more work – but save on commission fees. Key Takeaways Home sellers can save thousands of dollars in

After starting this week with a new 13-year high, the 30-year average eased lower Tuesday. Averages on most other mortgage types, however, moved the other way. National averages of the lowest rates offered by more than 200 of the country’s top lenders, with a loan-to-value ratio (LTV) of 80%, an applicant with a FICO credit

Generally, the provisions in a retirement plan document determine the asset distribution options available to beneficiaries. Pension death benefits vary depending on the type of pension you have. Key Takeaways Pension plans are retirement plans that are known as defined-benefit plans where the employer, not the employee, is responsible for making contributions. Pension plans are

Editor’s note: Below you’ll find the week 86 release of the NYC Recovery Index, originally published April 26, 2022. Visit the NYC Recovery index homepage for the latest data. New York City’s economic recovery index rose slightly in the week ending April 16, 2022, closing in at 75 out of 100 points. Positive developments this

In this article VRRM Thomas Winz | The Image Bank | Getty Images Company: Verra Mobility (VRRM) Business: Verra Mobility operates through two segments: (i) Commercial Services: the market-leading provider of automated toll and violations management and title and registration solutions to rental car companies, fleet management companies, municipalities, school districts and violation issuing authorities;

The Vanguard Group Inc., known as Vanguard, is one of the world’s largest investment management and advisory services companies. It’s primarily a mutual fund and ETF management company with about $8.1 trillion in assets under management (AUM) as of Jan. 31, 2022. Founded in 1975, the company offers a total of 422 funds, 215 of

In this article HOOD BRK.A People wait in line for t-shirts at a pop-up kiosk for the online brokerage Robinhood along Wall Street after the company went public with an IPO earlier in the day on July 29, 2021 in New York City. Spencer Platt | Getty Images News | Getty Images Berkshire Hathaway Vice