Sun.Nov 10, 2024

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13 States That Won't Tax Your Social Security, 401(k), IRA, or Pension Income

The Motley Fool

Benjamin Franklin once wrote, "[I]n this world, nothing can be said to be certain, except death and taxes." However, old Ben wasn't entirely correct -- at least not for retirement income. If you're retired, you may or may not have to pay state taxes on your retirement income. Here are 13 states that won't tax your Social Security, 401(k) , individual retirement account (IRA) , or pension income.

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New All-Time Highs in Everything

A Wealth of Common Sense

Let’s take a look at the list of all-time highs we’re currently experiencing: The U.S. stock market has never been higher: The S&P 500 bottomed in March 2009 at 666. It’s now close to 6,000. The Dow has gone from roughly 6,500 to nearly 44,000. What an incredible run. Gold is also at all-time highs: It’s rare to see stocks and the yellow metal simultaneously taking off like this.

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Social Security Benefit Cuts May Be Coming Soon. Here's How to Plan for Them.

The Motley Fool

Social Security has faced the possibility of benefit cuts in the past, but to date, they've never happened. However, just because lawmakers have managed to prevent Social Security cuts in the past doesn't mean they're guaranteed to save the program from that fate, given its current financial crisis. Image source: Getty Images. In the coming years, Social Security expects to owe more in scheduled benefits than it collects in payroll tax revenue as baby boomers stage a massive exodus from the work

Taxes 246
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Asset managers face growing scrutiny over sustainability claims

Financial Times: Moral Money

Many funds have changed their labelling as rules are tightened to prevent greenwashing

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Should You Buy Nvidia Stock After It Notched 200% Gains in 2024? Wall Street Is Providing a Nearly Unanimous Answer.

The Motley Fool

Another week, another new all-time high for Nvidia (NASDAQ: NVDA). The stock climbed to record-setting territory again on Thursday after setting a new watermark on Wednesday. Over the past couple of years, the stock has regularly hit new heights, fueled by the roaring adoption of artificial intelligence (AI). In 2024 alone, Nvidia is up 200% (as of this writing) and appears poised to vault higher.

Capital 246
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Abu Dhabi sovereign wealth fund buys stake in US software company

Financial Times M&A

Deal with Thoma Bravo to invest in Qlik shows growing role of Middle East investors

Companies 100

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iwoca Receives £200M in Funding

FinSMEs

iwoca, a London, UK-based provider of finance solutions to SMEs, received a £200M new financing line. Citi and Waterfall Asset Management provided the financings. Led by CEO Christoph Rieche, iwoca is a SME lender which, over the past eleven years, has grown from a small startup to a growing business lender in Europe. Now, it has […] The post iwoca Receives £200M in Funding appeared first on FinSMEs.

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Earning Less Than $176,100 Per Year? This Social Security Change Coming in 2025 Could Affect You.

The Motley Fool

A new year brings fresh changes to Social Security. One of the most prominent changes is the cost-of-living adjustment (COLA) , which will be 2.5% this year and is slated to boost the average retiree's checks by just under $50 per month. But the COLA isn't the only change coming to the program. Every year, the program also adjusts various income limits that will affect everything from the maximum benefit amount to how much of your benefit might be withheld if you're still working while on Social

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Centana Growth Partners Acquires Majority Stake in First Connect Insurance Services

FinSMEs

Centana Growth Partners, a NYC-based and Palo Alto, CA-based growth equity firm specializing in the financial services ecosystem, acquired a majority stake in First Connect Insurance Services, an Austin, TX-based provider of an insurtech platform, formerly an indirect wholly-owned subsidiary of Hippo Holdings Inc. (NYSE: HIPO). The initial investment, exceeding $60M, was led by Centana with […] The post Centana Growth Partners Acquires Majority Stake in First Connect Insurance Services app

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Billionaire Warren Buffett Sends an Ominous Sign to Wall Street. Here's the Silver Lining

The Motley Fool

Investors follow Warren Buffett's moves closely. He has earned the respect of the investing community for his wisdom, common sense, and -- most importantly -- a track record of beating the market. It's exciting when he makes big moves, especially when they signal good times ahead. But Buffett is a realist, and he and his team at Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) take action based on the way the winds are blowing, not where they want them to be.

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Sharing MDRT with clients

Million Dollar Round Table (MDRT)

By Carmen Wong, MDRT media relations specialist Your clients probably are familiar with badges of quality like the J.D. Power rankings for products and services or the Good Housekeeping Seal of Approval for household goods, but do they know that qualifying for MDRT is another standard for excellence? When they see your MDRT affiliation on your website, in your literature or on a plaque hanging in your office, would they know that you met significant production qualifications annually to be part

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Better Artificial Intelligence Stock: Palantir vs. Microsoft

The Motley Fool

Palantir Technologies (NYSE: PLTR) and Microsoft (NASDAQ: MSFT) have both profited from the rapid expansion of the artificial intelligence (AI) market. Palantir aggregates large amounts of data from disparate sources to help its clients make faster decisions, and it's streamlining that process with generative AI tools. Microsoft owns the world's largest PC operating system (Windows), the leading productivity software suite (Office), and the second largest cloud infrastructure platform (Azure).

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Investor trio launch new $250mln Africa startup fund

Africa Capital Digest

To read this article, you must be a paid subscription member. (Current members login here) [.] The post Investor trio launch new $250mln Africa startup fund first appeared on Africa Capital Digest.

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Nvidia's Latest Move Just Gave Supermicro Investors Some Epically Bad News

The Motley Fool

There has been no other company in the artificial intelligence (AI) realm that's been watched as closely as Nvidia (NASDAQ: NVDA) over the last couple of years. Nvidia's role in the AI narrative is so prominent that any announcement the company makes has the power to swing the capital markets at this point. As the company's upcoming launch of its new Blackwell graphics processing unit architecture (GPU) looms, all eyes are on Nvidia and its partner network.

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OMPE and Sphere buy Much Asphalt with a mix of equity and debt

Africa Capital Digest

To read this article, you must be a paid subscription member. (Current members login here) [.] The post OMPE and Sphere buy Much Asphalt with a mix of equity and debt first appeared on Africa Capital Digest.

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Meet the Unstoppable Growth Stock That Just Hit a New All-Time High but Is Still an Unqualified Buy, According to Wall Street

The Motley Fool

The bull market that has captivated Wall Street is just entering its third year, turning in its best performance since 2011. It pushed the Dow Jones Industrial Average , S&P 500 , and Nasdaq Composite to record heights earlier this week. One of the factors fueling this record run is recent advances in artificial intelligence (AI). The technology, which first burst on the scene in early 2023, is unlike anything that came before.

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AgDevCo backs Kenyan agribusiness with debt

Africa Capital Digest

To read this article, you must be a paid subscription member. (Current members login here) [.] The post AgDevCo backs Kenyan agribusiness with debt first appeared on Africa Capital Digest.

Debt 52
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Missed Out on Nvidia? Buy These 3 AI Stocks.

The Motley Fool

Perhaps no stock benefited more from the boom in artificial intelligence (AI) than Nvidia. Its dominance in the AI chip market redefined the direction of the company and much of the industry at large. Unfortunately, many AI investors missed out on Nvidia's boom. The good news is that most analysts expect AI-driven gains in the technology market for years to come.

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Coquis joins A.P. Moller Capital to head IR and fundraising

Africa Capital Digest

To read this article, you must be a paid subscription member. (Current members login here) [.] The post Coquis joins A.P. Moller Capital to head IR and fundraising first appeared on Africa Capital Digest.

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Did Your Medicare Advantage Plan Go Away for 2025? Don't Panic -- Do This Instead.

The Motley Fool

If you're enrolled in a Medicare Advantage plan, generally, at some point in September or October, you'll receive a notice from your plan administrator informing you of changes to your coverage for the upcoming year. Those changes could relate to your out-of-pocket costs or the scope of the coverage you're entitled to. You may also learn that some of the providers you see on a regular basis are going out of network or that new providers are being added.

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KKR Announces Intra-Quarter Monetization Activity Update for the Third Quarter

KKR

NEW YORK--(BUSINESS WIRE)-- KKR today announced income from monetization activity in excess of $535 million with respect to the period from July 1, 2024 through September 23, 2024 based on information available as of today. In its Asset Management segment, KKR has earned total realized performance income and realized investment income in excess of $450 million.

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The Smartest Vanguard ETF to Buy With $500 Right Now

The Motley Fool

In my view, Vanguard remains the exchange-traded fund (ETF) king. The company offers a long list of great funds covering a wide selection of categories, nearly all of which have very low expense ratios -- keeping more money in your pocket. But with so many ETFs to choose from, how do you know which one is right for you? No matter what your investing style is, there's one Vanguard ETF that everyone will love.

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KKR Releases “An Alternative Perspective: Past, Present, and Future”

KKR

New Report Highlights the Private Alternatives Sector’s Expansion Beyond Private Equity and Potential for Future Growth NEW YORK--(BUSINESS WIRE)-- KKR, a leading global investment firm, today released “An Alternative Perspective: Past, Present, and Future,” a new Insights piece by Henry McVey, CIO of KKR’s Balance Sheet and Head of Global Macro and Asset Allocation (GMAA).

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Guess What Beat Rotisserie Chicken to Become Costco's Best-Selling Product

The Motley Fool

Image source: Getty Images Costco's $5 rotisserie chicken is definitely one of its most iconic deals. It's right up there with maximizing purchase rewards as a solid way to save money at Costco. (We can get two to three family dinners out of one chicken in our house.) But as famous as it may be, it's not actually Costco's best-selling product. No, the item with that distinction is somehow even more mundane than chicken.

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Consortium of KKR and the Skip Essential Infrastructure Fund to acquire Majority Stake in Queensland Airports

KKR

SYDNEY--(BUSINESS WIRE)-- KKR, a leading global investment firm, and the Skip Essential Infrastructure Fund, today announced the signing of definitive agreements under which a consortium of KKR (on behalf of funds managed by it) and the Skip Essential Infrastructure Fund (the ‘Consortium’) will acquire a 74.25% stake in Queensland Airports Limited (‘Queensland Airports’) from The.

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Will These 4 "Magnificent Seven" Tech Stocks Go Parabolic? Why You Might Win Even if They Don't.

The Motley Fool

You know the " Magnificent Seven" stocks ," right? Even if you do, you might have trouble remembering all seven, just as I often have trouble naming all seven of Snow White's short companions. So here they are: Apple Amazon (NASDAQ: AMZN) (Google parent) Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) (Facebook parent) Meta Platforms (NASDAQ: META) Microsoft (NASDAQ: MSFT) Nvidia Tesla They're referred to as "magnificent" in large part because of their amazing performance over the past years and decades

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KKR to Sell GeoStabilization International to Leonard Green & Partners

KKR

All 900+ GSI Employee Owners to Earn Cash Payouts, with Longest Tenured Hourly Employees Each Receiving Over $325,000 in Proceeds DENVER & NEW YORK--(BUSINESS WIRE)-- KKR today announced an agreement to sell GeoStabilization International (“GSI” or the “Company”) to Leonard Green & Partners, L.P. (“LGP”). GSI is a leading provider of geohazard mitigation solutions and roadway safety services.

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1 Growing Biotech Stock to Buy Today With $1,000 and Hold for 5 Years or More

The Motley Fool

If you're willing to be patient, biotech stocks can offer significant upside, even if you only invest a relatively small amount, like $1,000. In that vein, Madrigal Pharmaceuticals (NASDAQ: MDGL) has a lot to offer. Between its recently launched new drug and being the first in its market, it has a long runway for growth. Here's why it's worth an investment today, provided that you're willing to hold on to your shares for at least a few years.

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Powin Secures $200 Million in Debt Capital From KKR to Bolster Growth and Innovation in Energy Storage

KKR

PORTLAND, Ore.--(BUSINESS WIRE)--Powin, a global leader in battery energy storage solutions, announced today that it has successfully secured a revolving credit facility of up to $200 million primarily from insurance accounts managed by KKR, a leading global investment firm.

Debt 40
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An Unpleasant Surprise Awaits Some Social Security Beneficiaries in the New Year

The Motley Fool

Social Security is a program most retirees would struggle to live without. Based on an analysis from the Center on Budget and Policy Priorities, America's leading retirement program has reduced the poverty rate for adults aged 65 and over by nearly three-quarters -- from an estimated 38.7% without Social Security to 10.2% with it, as of 2022. More than two decades of annual surveys from Gallup confirm just how important Social Security income is to the financial well-being of retirees.

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Peregrine Closes on Debt Financing from KKR

KKR

BOULDER, Colo. and NEW YORK , Oct. 2, 2024 /PRNewswire/ -- Peregrine Energy Solutions LLC ("Peregrine"), an integrated multi-technology clean energy platform with a focus on utility-scale energy storage, and KKR, a leading global investment firm, today announced that Peregrine has closed on a credit facility from insurance accounts managed by KKR that can provide financing for up to $250 million in assets.

Debt 40
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GM Overtakes Ford in 1 Key Metric. Does That Makes the Stock a Buy?

The Motley Fool

The automotive industry may be undergoing the most exciting evolution in its history with the advancements of driverless vehicle technology, vehicle-as-a-service, and electric vehicles (EVs) taking over the road from their gasoline-powered predecessors. When it comes to one key metric, General Motors (NYSE: GM) just overtook Ford Motor Company (NYSE: F) and did so pretty significantly.

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KKR Acquires Leading Near-Airport Parking Provider, The Parking Spot, from Green Courte Partners

KKR

NEW YORK & CHICAGO--(BUSINESS WIRE)-- KKR, a leading global investment firm, today announced that KKR has acquired The Parking Spot (“TPS” or the “Company”), the nation’s leading owner and operator of near-airport parking properties, from an affiliate of Green Courte Partners, LLC, a private equity real estate investment firm. Financial terms of the transaction were not disclosed.

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2 Vanguard Funds That Both Growth and Dividend Investors Can Buy and Hold Forever

The Motley Fool

One way to incentivize yourself to invest for the long term is to hold income-generating investments in your portfolio. That way, you can ensure you're collecting a steady stream of cash over the years, even without having to sell your investments. Exchange-traded funds (ETFs) can provide you with many excellent options for the long term, and you don't have to feel locked in and focus strictly on growth stocks or just dividend stocks.

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