The Motley Fool

AUGUST 25, 2024

America's leading retirement program is facing a $23 trillion funding shortfall To preface this discussion, although Social Security's financial foundation is shaky, the program is in absolutely no danger of becoming insolvent or going bankrupt. trillion long-term funding shortfall. payroll tax that primarily funds Social Security.

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The Motley Fool

NOVEMBER 24, 2024

Social Security is facing a greater than $23 trillion long-term funding shortfall Ever since the first retired-worker benefit check was mailed in January 1940, the Social Security Board of Trustees has released an annual report detailing the long-term outlook (i.e., Legal immigration into the U.S. payroll tax on earned income.

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The Motley Fool

NOVEMBER 7, 2024

life insurance companies reported an estimated pre-tax loss of $18 million, driven by unfavorable mortality and higher new claims, as well as lower benefit from legal settlements. Our third strategic priority is to drive future growth through CareScout with innovative, consumer-focused agent care services and funding solutions.

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The Motley Fool

AUGUST 12, 2023

trillion long-term funding obligation shortfall To make one thing clear, Social Security is in absolutely no danger of going bankrupt or becoming insolvent. As long as Americans keep working and paying their taxes, there will always be money flowing into the program that can be disbursed to eligible beneficiaries.

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The Motley Fool

JUNE 22, 2024

The phrase "trust fund" might conjure images of a spoiled teenager, but trusts are powerful legal documents that many people should consider when estate planning. Essentially, an irrevocable trust allows the grantor to still use their assets, while legally making them the property of the trust.

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The Motley Fool

APRIL 21, 2024

This article is intended for educational purposes only and is not legal advice. Furthermore, once established, they may require ongoing attention, including funding the trust, updating your beneficiary designations, and ensuring legal compliance, depending on their complexity and your desire for change. Or it might not.

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The Motley Fool

JANUARY 7, 2024

America's top retirement program is facing a long-term funding shortfall of $22.4 Since 1985, the Trustees Report has cautioned that America's leading retirement program can't meet its long-term funding obligations. The more immediate issue is the asset reserves for the Old-Age and Survivors Insurance (OASI) Trust Fund.

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The Motley Fool

MAY 19, 2024

Exacerbating the problem are declining birth rates and legal immigration. With fewer workers paying into the program through payroll taxes, there's less money to distribute through benefits. Eventually, though, those trust funds will run out of money. According to the latest estimates, both trust funds may run dry by 2035.

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Private Equity Wire

JANUARY 7, 2025

He was recently named as a recommended individual in the Private equity: transactions high-value deals category in the 2025 edition of the UK Legal 500 guide of leading law firms. Tuhin has extensive experience in cohesively working with the management teams of clients’ European-based portfolio companies.

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The Motley Fool

DECEMBER 10, 2023

It also means that you may be more likely to stay on track with your retirement savings goal since your 401(k) is getting funded on autopilot. You still get the tax benefits The money you put into a traditional 401(k) goes in on a pre-tax basis. Now Roth 401(k)s work differently from a tax perspective. Here's why.

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The Motley Fool

SEPTEMBER 10, 2023

The 2023 Social Security Board of Trustees Report estimates that America's top retirement program is facing a funding obligation shortfall of a whopping $22.4 trillion long-term funding obligation shortfall may not be what you think. US Old-Age, Survivors, and Disability Insurance Trust Fund Assets at End of Year data by YCharts.

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The Motley Fool

FEBRUARY 25, 2024

1: Congress/lawmakers stole from Social Security Arguably the biggest Social Security lie that simply won't die on social media is the notion that Congress/lawmakers dipped their proverbial hands into Social Security's cookie jar , stole all the excess cash the program had, and used it to fund wars and other aspects of government spending.

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The Motley Fool

JULY 13, 2024

They build an emergency fund Another thing that most wealthy people have in common (even before they become wealthy) is the value they put on having an emergency savings account. As soon as funds have been spent, they quickly work to rebuild their account balance so it's there for the next emergency.

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The Motley Fool

SEPTEMBER 28, 2024

The interest it pays you is subject to taxes -- and not just any taxes. CD interest is taxed as ordinary income, which means it's subject to the highest marginal tax bracket you fall into based on your earnings. If so, you have options for easing your tax burden. Is it wise to invest your IRA in a CD?

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The Motley Fool

JUNE 18, 2023

As of the 2023 report, Social Security's long-term funding obligation shortfall reached $22.4 What decades of Trustees Reports have shown is that the longer Congress waits to act, the larger the Social Security's funding black hole will grow. payroll tax on earned income (wages and salary, but not investment income) above $400,000.

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The Motley Fool

FEBRUARY 19, 2025

We had a total estimated pre-tax statutory loss for our U.S. For the full year, we generated strong statutory pre-tax income of $378 million. This included a $355 million benefit from legal settlements, which are now materially complete. Overall, the net present value of our MYRAP increased by $3.2 billion in 2024.

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The Motley Fool

SEPTEMBER 22, 2024

Image source: Getty Images I'm not a fan of paying taxes. I'll of course follow the rules and do it because I have to, but I'd rather do everything I can to pay the IRS as little as possible -- within legal limits, of course. Plus, investment gains in an IRA are tax-deferred. And the same applies to your withdrawals.

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Private Equity Wire

DECEMBER 19, 2024

Global investment firm The Riverside Company has acquired a controlling stake in Spain’s Essential Compositions, a fast-growing developer and manufacturer of fragrances, through an affiliated European investment fund.

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The Motley Fool

MARCH 1, 2024

Image source: Getty Images The only thing most people like about tax season is getting a refund check they can put toward debt repayment, saving for a long-term goal, or just spending it on something fun. Below, we'll look at which states had the largest tax refunds last year and what you can do to boost yours. Alaska $1,565.92

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The Motley Fool

JANUARY 15, 2024

It's passive, there are employer matches, and it comes with tax breaks. In IRAs , you can invest in any individual stock or exchange-traded fund (ETF) that you could in a standard brokerage account (some have exceptions for higher-risk investments like options ). That said, I also believe a 401(k) can often be overrated. Here's why.

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The Motley Fool

MAY 12, 2024

Roth IRAs are packed with benefits, including tax-free withdrawals during retirement. When your child reaches 59 1/2, they will be able to withdraw money tax-free from their Roth IRA. Consult with a CPA or other tax professional to ensure you stick to the rules. And anyone with earned income can contribute to a Roth IRA.

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The Motley Fool

SEPTEMBER 27, 2023

For the Western governments seeking to freeze and liquidate Russian assets – so the funds can be turned over to Ukraine to help rebuild the country – the legal and logistical battles are proving to be costly, with hundreds of millions of dollars in yachts stuck in ports around the world, requiring tireless maintenance, pending legal outcomes.

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The Motley Fool

MARCH 9, 2024

Social Security is facing a greater than $22 trillion long-term funding shortfall For more than 80 years, the Social Security Board of Trustees has published an annual report that outlines the current financial health of the program. payroll tax on earned income (wages and salary, but not investment income) of working Americans.

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Private Equity Wire

FEBRUARY 5, 2025

Nordic Capital has made four Partner promotions following a successful twelve months for the business which has seen eleven platform acquisitions and four successful exits as well as the closing of the firm’s second mid-market fund at its hard cap of 2bn. He joined in 2018.

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The Motley Fool

AUGUST 8, 2024

Higher earners will have to pay more into Social Security Social Security gets the bulk of its funding from payroll taxes. But each year, there's a wage cap put in place that determines how much income is subject to Social Security taxes. There are plenty of perfectly legal steps you can take to lower your taxable income.

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The Motley Fool

SEPTEMBER 13, 2024

They came by the money legitimately, yet their bank is legally required to report the deposit by filing a Currency Transaction Report (CTR). After the 9/11 attacks, it began to focus more on the potential funding of terrorist activity. The government may also charge the perpetrator for tax evasion in addition to cash structuring.

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The Motley Fool

AUGUST 5, 2024

The cannabis industry continues to contend with mixed legislation and legalization at the state level while a total federal ban on marijuana remains in place. Adjusted funds from operations and normalized funds from operations (which provide a more accurate measure of profitability for REITs) totaled $63 million and $56.4

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The Motley Fool

AUGUST 20, 2023

Don't forget about other homeownership costs While you'll no longer owe money toward the loan's principal or be responsible for interest, you'll need to keep paying your property taxes. You'll likely begin to receive property tax bills directly from state, country, and local governments. You want to protect your investment.

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The Motley Fool

SEPTEMBER 9, 2023

Also keep in mind that most retirement income is still taxed like regular work-based income, so you may be pocketing less than you're withdrawing from an IRA, for example. That said, there are some tax implications to consider. Create a hypothetical, income-producing portfolio using the amount you've got saved up.

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The Motley Fool

OCTOBER 25, 2024

The 4% rule isn't perfect The problem with giving a general calculation of how long your specific retirement funds will last is that no rule will do this perfectly, including the 4% rule. Related: Before you begin investing, it's important to have an emergency fund. It starts with the right brokerage account.

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The Motley Fool

MAY 23, 2024

But she didn't have auto insurance, even though it's a legal requirement in our state. To this day, he still gets a portion of her tax refund, though most payments don't amount to much. drivers don't have car insurance, even though nearly every state requires it to drive legally.

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Integrity Financial Planning

NOVEMBER 7, 2022

Using a strategy called tax-loss harvesting, you can earn capital gains tax credits on your investment losses. What is Tax-Loss Harvesting? This strategy is when you sell stocks, mutual funds, exchange-traded funds (ETFs), and other investments carrying a loss to offset gains from other investments sold.

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The Motley Fool

SEPTEMBER 19, 2024

All of the headline estimates about Social Security's future, including the projection that it will run out of money in the trust funds by 2035, are based on the intermediate estimates. Faster wage growth would mean more total income that could be subject to Social Security tax. annual average inflation, 3.56% annual wage growth, a 4.5%

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The Motley Fool

JANUARY 20, 2024

As a REIT, it can legally avoid paying income taxes if it distributes nearly all its profits to shareholders as a dividend. The company has tenants sign net leases that transfer all variable costs of building ownership, such as maintenance and taxes, to the tenants. At recent prices, Realty Income offers a 5.4%

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The Motley Fool

JANUARY 21, 2024

Every Trustees Report since 1985 has forecast a long-term funding obligation shortfall. As long as Americans keep working, the program will continue to collect revenue via the payroll tax, which can be disbursed to eligible beneficiaries. Old-Age, Survivors, and Disability Insurance Trust Fund Assets at End of Year data by YCharts.

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Private Equity Insights

OCTOBER 12, 2023

BV Investment Partners, a Boston based private equity firm focused on tech-enabled business services, software, and IT services for more than 40 years, announced today the closing of a single-asset continuation fund transaction for Right Networks, a premier provider of cloud solutions to tax and accounting firms.

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The Motley Fool

APRIL 5, 2024

The average annual return produced by non-dividend payers in the same index was just 4.27% over the same time frame, according to Ned Davis Research and Hartford Funds. REITs receive tax advantages similar to BDCs in return for distributing earnings as dividends. At recent prices, Ares Capital offers a big 9.3% dividend yield.

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