Por: Forbes Business November 17, 2022
Will the fed's interest rate increases impact your pension? (Photo by Eric BARADAT / AFP) AFP via Getty Images It’s no surprise that the Fed is continuing to raise rates in an effort to combat inflation – but what may come as a shock to some is how it may impact your pensions. Interest Rates And Lump Sum Pensions As interest rates rise, lump sum pension buyouts decrease significantly. So while are working, your salary and the number of... + full article
Portland Press Herald USA Opinion May 07, 2023
I appreciate the work of Rep. John “Jack” Ducharme, R-Madison, and the Maine Legislature’s attempt to lower the state income tax burden for retirees as outlined in a recent op-ed through enactment of the Pension Income Deduction. Unfortunately, the Pension Income Deduction... + más
What Are the Duties of A Trustee? | Forbes
‘My elderly relative determined she could no longer care for herself': Are her assisted-living facility costs tax deductible? | MarketWatch
Forbes USA Business December 29, 2022
Don't be surprised if your state or local pension is gambling 10% or more in cryptocurrency. getty In early October of this year—a month before Sam Bankman-Fried’s crypto empire —I warned “If you are a participant in a state or local government-sponsored pension... + más
Blackboxes Within Blackboxes: Cryptocurrency In Your State Pension | Forbes
Fairfax beats rival Westchester in defensive Western League battle | Los Angeles Times
Forbes USA Business December 07, 2022
In the weeks and months to come, you’ll be hearing more about public pension cryptocurrency direct ... [+] and indirect losses. Brace yourselves.getty The $100 billion Ohio Teachers pension fund recently responded to a public record request from a former board member... + más
Ohio Auditor Raises Fears About State Teachers’ Pension But Won’t Tell All Until After His Re-election | Forbes
Forbes USA Business November 29, 2022
No one knows for certain how much blackbox cryptocurrency lurks in blackbox public pensions.getty The recent collapse of the global cryptocurrency markets has exposed many previously hidden dangers related to these blackbox investments. Growing secrecy at our nation’s public... + más
Your State Pension Hates You | Forbes
Lightfoot’s extra pension payments don’t let Springfield off the hook, Civic Federation says | Chicago Sun Times
Chicago Sun Times USA Nation October 05, 2022
Mayor Lori Lightfoot’s $242 million pension prepayment plan will prevent Chicago’s four cash-strapped pension funds from having to “sell assets in a down market” to meet obligations, but Springfield shouldn’t be let off the hook, the Civic Federation president said... + más
Millions more to fight crime and homelessness, help immigrants: Lightfoot makes case for ‘bold’ 2023 budget | Chicago Sun Times
Chicago Sun Times USA Politics October 03, 2022
Mayor Lori Lightfoot urged the City Council Monday to “be bold with me” and “to continue to right historic wrongs” that have created two Chicagos: one for the haves, the other for the have-nots. Delivering the 2023 budget address that will serve as her reelection... + más
Stalking charge dropped against man who fired weapon near Mayor Lightfoot’s home: ‘He was just a disgruntled citizen,’ lawyer says | Chicago Tribune
Mayoral allies urge Lightfoot to scrap plans for $42.7 million property tax increase | Chicago Sun Times
Forbes USA Business September 27, 2022
When pensioners demand records which will reveal how their retirement savings are invested, state ... [+] pensions routinely respond with hostility—as if plan participants were the enemy, versus owners of the assets.getty State laws mandate that pension fiduciaries have a duty... + más
Swiss mull animal welfare, women's pensions in weekend votes | Associated Press
Swiss may back plan to raise retirement age for women | ABC News
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