1. Articles in category: Financial

    1-24 of 4967 1 2 3 4 ... 205 206 207 »
    1. A $4,356 Social Security Benefit Cut Is Coming -- Will You Be Ready?

      A $4,356 Social Security Benefit Cut Is Coming -- Will You Be Ready?

      Social Security is facing a nearly $17 trillion funding shortfall
      Since 1985, the annually released Social Security Board of Trustees report, which examines the short-term (10-year) and long-term (75-year) outlook for the program, has cautioned that long-term revenue collection would be insufficient to cover outlays. In other words, Social Security wouldn't bring in enough money to cover the estimated payments to all beneficiaries over the coming 75 years. Based on the 2020 report, the program's unfunded obligations have now swelled to $16.8 trillion (yes, with a 't').

      Read Full Article
      Mentions: Social Security
    2. Mortgage refinance rates could drop even lower ⁠— 4 ways to prepare

      Mortgage refinance rates could drop even lower ⁠— 4 ways to prepare

      Although the coronavirus crisis has had a devastating impact on the U.S. economy, the pandemic has also dropped mortgage rates to all-time lows. That’s great news for homeowners looking to refinance.

      The 30-year fixed-rate average plummetted to a record-low 3.13 percent the week ending June 18, according to data from mortgage giant Freddie Mac, marking its lowest recorded level since the company began tracking mortgage rates in 1971. The 5-year adjustable-rate average dropped to 3.09 percent, down from 3.48 percent a year ago.

      Read Full Article
    3. 3 Cheap Stocks That Could Be Bargains if the Market Crashes

      3 Cheap Stocks That Could Be Bargains if the Market Crashes

      The March market crash created some amazing buying opportunities that many investors are likely kicking themselves for missing. But with the coronavirus pandemic still weighing on the markets, another crash could happen this year. And if it does, investors could score some great deals again. Below are three stocks you'll want to be ready to pounce on if there's another crash:

      Read Full Article
      Mentions: coronavirus
    4. What’s on the table for the next round of U.S. coronavirus relief

      What’s on the table for the next round of U.S. coronavirus relief

      With a resurgence of the coronavirus threatening a nascent rebound of the U.S. economy, the White House and Congress are under increased pressure to come to terms on another round of stimulus.

      Thursday’s Labor Department report, which showed a bigger than expected increase of 4.8 million jobs in June, didn’t lessen the sense of urgency for another round of stimulus in Washington.

      Read Full Article
    5. What New Parents Should Know About Life Insurance

      What New Parents Should Know About Life Insurance

      Having a baby can bring the gaps in your financial plan into sharp focus. New parents often feel they need to find ways to provide financial security to their growing families, including buying life insurance. With so many to-dos competing for your attention and money, buying life insurance can fall to the bottom of the list. When you’re ready to put this puzzle piece into place in your financial plan, here are the top things to know as you get started.

      Read Full Article
    6. So Many Medicare Enrollment Periods! Which One Is Right For You?

      So Many Medicare Enrollment Periods! Which One Is Right For You?

      One of the most important and also most intimidating questions is, “When can I enroll in Medicare Part A and Part B?” This is important because missing your chance to enroll or enrolling at the wrong time can have both immediate and lasting repercussions. It is intimidating because there is no one perfect answer. When to enroll depends on your individual circumstances. Let’s look at the most common enrollment periods, the situations to which they apply, and what can go wrong.

      Read Full Article
    7. Here's How Much COVID-19 Drug Remdesivir Will Cost

      Here's How Much COVID-19 Drug Remdesivir Will Cost

      Gilead Sciences has set the price for its COVID-19 drug remdesivir. The company will sell the drug to the U.S. government and other developed nations for $390 per vial. Treatment typically lasts five days and requires six vials of the medicine, resulting in a total cost of $2,340, if you are on Medicaid or Medicare. If you are paying for the drug using private insurance, it's going to cost you a bit more.

      Read Full Article
    8. Retirement Investing for Retirees Amid the Downturn

      Retirement Investing for Retirees Amid the Downturn

      Instead of panic, the reactions among older Americans were balanced; many baby boomers stayed the course with their portfolio investments as a result of the market slump.

      The behavior of those age 65 and older turns out to be pretty rational, says Pam Krueger, founder and CEO at Wealthramp, a free online service that matches consumers with vetted, fee-only financial advisors in Tiburon, California.

      Read Full Article
    9. 3 ways my financial planning advice has changed during COVID-19

      3 ways my financial planning advice has changed during COVID-19
      • As COVID-19 spread through the northeast, my financial planning clients called with many questions about how to spend, save, and manage their money.
      • Many wanted to know if they should pull their money out of the market, or if they should make their rent/mortgage and bill payments.
      • Given the current climate, I've focused on doing three things with my clients: building cash reserves fast, shoring up insurance coverage, and ensuring estate planning is in order.
      Read Full Article
    10. Dow Plunge Worsens on 'Second Wave' Worries

      Dow Plunge Worsens on 'Second Wave' Worries

      The market's optimism that the worst of COVID-19 is behind us seems to be vanishing quickly. The Dow on Thursday plunged 900 points at the open, and things have only gotten worse. The index was down more than 1,500 points, or 5.5%, shortly before 1pm Eastern. The benchmark S&P 500 and the Nasdaq were down 4.6% and 3.8%, respectively. CNBC reports that worries about a 'second wave' of infections are a big driver. The US just passed 2 million confirmed cases, and states such as Texas, Florida, and California are registering increases, notes the Wall Street Journal. Also souring the mood is the Fed's assessment Wednesday that the US labor market may not recover for 'some years.' Stocks in Europe and Asia also fell Thursday.

      Read Full Article
    11. What to Make of the Rebound in the U.S. Jobs Report

      What to Make of the Rebound in the U.S. Jobs Report

      The job market halted its pandemic-induced collapse in May as employers brought back millions of workers and the unemployment rate unexpectedly declined.

      Tens of millions remain out of work, and the unemployment rate, which fell to 13.3 percent from 14.7 percent in April, remains higher than in any previous postwar recession.

      But employers added 2.5 million jobs in May, the Labor Department said Friday, defying economists’ expectations of further losses and offering hope that the rebound from the pandemic-induced economic crisis could be faster than forecast.

      Read Full Article
    12. Treasury Reminds Taxpayers To Watch Out For Stimulus Check Related Scams

      Treasury Reminds Taxpayers To Watch Out For Stimulus Check Related Scams

      J. Russell George, the Treasury Inspector General for Tax Administration (TIGTA), is urging all taxpayers to stay alert to ensure that they do not lose their Economic Impact Payments (EIPs), also called stimulus checks, to thieves and scammers.  

      TIGTA is responsible for conducting statutory oversight of issues relating to federal tax administration. As such, it regularly investigates fraudulent activity related to financial distributions of funds, including stimulus checks.

      Read Full Article
    13. IRS offers tips to identify stimulus check scams

      IRS offers tips to identify stimulus check scams

      Signs a scammer is after money:

      The caller or emailer uses the words “stimulus check” or “stimulus payment.” The term that government officials are using is “economic impact payment.'
      Asking to verify personal or banking information to speed up stimulus payment.
      The individual offers to provide payment faster.
      Being asked to sign a check over to the caller.

      Read Full Article
      Mentions: Robert Williams
    14. The latest government stimulus glitch: Debit cards that look like junk mail

      The latest government stimulus glitch: Debit cards that look like junk mail

      The IRS has to explain, yet again, a glitch in issuing stimulus payments.

      To help speed the delivery of up to $1,200 in economic impact payments to individuals made available under the $2 trillion Coronavirus Aid, Relief, and Economic Security (Cares) Act, the Treasury Department last week began mailing prepaid debit cards to 4 million Americans.

      The prepaid debit cards allow recipients to make purchases online and at any retail location where Visa is accepted. Recipients can also receive cash from in-network ATMs and transfer funds to their personal bank accounts without a fee. (Fees may apply if an out-of-network ATM is used.)

      Read Full Article
    15. 36% of Retirees Fear Falling Victim to Financial Fraud. Here's How to Avoid It.

      36% of Retirees Fear Falling Victim to Financial Fraud. Here's How to Avoid It.

      Following a few simple rules could spare you a world of trouble.  Author Bio Maurie Backman is a personal finance writer who's passionate about educating others. Her goal is to make financial topics interesting (because they often aren't) and she believes that a healthy dose of sarcasm never hurt anyone. In her somewhat limited spare time, she enjoys playing in nature, watching hockey, and curling up with a good book.

      Read Full Article
    16. Important: Why Millions of Americans Are Getting Coronavirus Stimulus Payments On Scammy-Looking Debit Cards (And They’re Real)

      Important: Why Millions of Americans Are Getting Coronavirus Stimulus Payments On Scammy-Looking Debit Cards (And They’re Real)

      They might look like a scam, but the white envelopes from an Omaha-based entity called “Money Network Cardholder Services” that many Americans received this week are surprisingly legit. Inside those envelopes, which are finally being delivered to millions of Americans, are Visa-branded debit cards loaded up with coronavirus stimulus payments from the federal government.

      Read Full Article
    17. Target Savings To Fine Tune Retirement Investing

      Target Savings To Fine Tune Retirement Investing

      When it comes to retirement investing, many people are in the passenger seat, not behind the wheel. If you’re saving in a 401(k) or 403(b) plan, it’s likely that you’re just along for the ride, but it doesn’t have to be that way. Typically, in retirement plans, your company automatically enrolls you in the plan. Then they start taking money out of your paycheck and saving that money in your name. If you’re fortunate, the company makes a matching contribution as well.

      Read Full Article
    18. Retired Couples Need $325,000 to Pay for Medical Expenses

      Retired Couples Need $325,000 to Pay for Medical Expenses

      A 65-year-old couple, whose drug expenses are in the 90th percentile and who want a 90% chance of having enough money to pay health care expenses throughout retirement, need savings of $325,000 in 2020. 

      And 65-year-old couples with median prescription drug expenses who want a 50/50 shot of paying for health care expenses throughout retirement need savings of $168,000. For a 90% chance of having enough, that same couple needs $270,000 in savings. 

      Read Full Article
    19. What do I do if my economic stimulus check never comes?

      What do I do if my economic stimulus check never comes?

      It's been seven weeks since the IRS started making coronavirus stimulus check payments, and if you're still waiting, you may be worried that your check has fallen through the cracks. Is something holding up your payment, or maybe you fear your share of the government relief package isn't coming at all. If you want more answers, we have some information that might help, including how to contact the IRS if your check never appears. 

      Read Full Article
    20. Demand for Home Care Is Expected to Boom. Finding It Might Not Be So Easy.

      Demand for Home Care Is Expected to Boom. Finding It Might Not Be So Easy.

      Demand for home health care has been rising in recent years as older Americans’ preference for aging in place has grown. Covid-19’s impact on nursing homes and other congregate-living facilities, where infections and fatalities have been rampant, is sure to accelerate the trend. According to a 2018 AARP national survey, 76% of Americans 50 years and older want to remain in their current residence and 77% would like to stay in their community.

      Read Full Article
      Mentions: New York Aarp Maine
    21. Can Social Security Ever Go Bankrupt and Disappear?

      Can Social Security Ever Go Bankrupt and Disappear?

      According to Independent Vermont Senator Bernie Sanders in his 2016 book, Our Revolution, "Social Security is the most successful government program in our nation's history." And he's right.

      An analysis from the Centers for Budget and Policy Priorities finds that the elderly poverty rate with Social Security is around 9%. Comparatively, it would be more than 40% if the program didn't exist. For over 80 years, Social Security has ensured that tens of millions of retired workers have had a guaranteed stream of monthly income and is responsible today for singlehandedly keeping over 22 million beneficiaries above the federal poverty line.

      Read Full Article
    1-24 of 4967 1 2 3 4 ... 205 206 207 »
  1. Beacon Promotional Product Web Store

     

    Click on the picture to go to our web store and find out special of the day.  You can also contact us with any questions.  Email us at:  Sales@Beacon-SM.com

     

  2. BLN Newsletter Supporters:

     

     

    Consulting and Outsourcing, Business development for our clients.

    Beacon now also offers thousands of Promotional Products with your logo.

    We provide our clients with qualified leads.

     

  3. Robert Williams Leading CPA in OC, CA.

  4. Independent Insurance

    health, Life, Medicare, Long Term Care, Disability & Retirement Planning

  5. Popular Articles

  6. People in the News

    1. (2 articles) Robert Williams
    2. (1 articles) Warren Buffett
    3. (1 articles) Nancy Pelosi
    4. (1 articles) Ron Wyden
    5. (1 articles) Mitch McConnell
    6. (1 articles) Donald Trump
  7. Organizations in the News

    1. (5 articles) Copious Insurance Solutions
    2. (2 articles) Labor Department
    3. (1 articles) Ford
    4. (1 articles) Standard & Poor 's
    5. (1 articles) Nasdaq
    6. (1 articles) New York Post
    7. (1 articles) Internal Revenue Service
    8. (1 articles) Ford Motor Co.
    9. (1 articles) American Express
    10. (1 articles) Princeton University
    11. (1 articles) Republican
    12. (1 articles) Edward Jones
  8. Locations in the News

    1. (2 articles) Florida
    2. (2 articles) California
    3. (2 articles) Texas
    4. (1 articles) Washington
    5. (1 articles) Maine
    6. (1 articles) Utah
    7. (1 articles) Asia
    8. (1 articles) Oregon
    9. (1 articles) New York
    10. (1 articles) Ohio
    11. (1 articles) Missouri
    12. (1 articles) Maryland
  9. Areas of Interests in the News

    1. (5 articles) coronavirus
    2. (3 articles) retirement
    3. (1 articles) Virus
    4. (1 articles) Transcutaneous electrical nerve stimulation
    5. (1 articles) Branding
    6. (1 articles) Social Media
  10. Categories

    1. Balanced Living:

      BLN Blogs, Financial, Good News, Lighter Side of Life, Mental, Physical, Social, Spiritual
    2. Communities:

      Bike, Business, High Tech