By Michael J. Marini, Next Avenue Contributor  (The following is excerpted from 401 Confidential by Michael J. Marini.) When you invest for retirement with a 401(k) plan, retirement plan companies get FAT on your money. By my estimate, roughly $25 million in excessive fees are being drained form the $2 billion in workplace retirement accounts. Here
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Social Security may be one of your largest assets. What and when you collect will make a huge difference to your lifetime benefits. Today’s column addresses the earnings test and deductions, restricting an application to spousal benefits only, survivor benefits and remarriage, whether to file and suspend at full retirement age and the effects of
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DataTrek Research is out with a chart suggesting stocks will struggle this month — pouring cold water on the likelihood of a “Santa Claus” rally that traditionally boosts stocks in December. According to the firm’s co-founder Nicholas Colas, it comes down to a breakdown in earnings trends and investor sentiment. He said the earnings picture
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Retirement planning conundrum(c) CanStockPhoto.com / focalpoint A retiree of 64 has $1 million in her 401K common stock fund, and expects a long lifespan. Her conundrum is deciding how much she can draw from the fund every month without worrying about running out while she is still alive. Existing options for coping with the conundrum
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An interview with billionaire president and COO of Blackstone, Jonathan Gray. In this interview, Jonathan discusses the economic environment and where he sees the investment opportunities. Jonathan also talks about the businesses of Blackstone, with a focus on real estate investing. Like if you enjoyed Subscribe for more:http://bit.ly/InvestorsArchive Follow us on twitter:http://bit.ly/TwitterIA Other great Private
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Photographer: Michael Nagle/Bloomberg© 2018 Bloomberg Finance LP IBM is betting big on the next emerging cloud market  — the “hybrid” multicloud. That’s a computing environment that combines multiple cloud providers and clouds—public, private, software-as-a-service. And that’s why the technology giant is paying bucks to acquire Red Hat.  The open source technology company will bring to
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The Internal Revenue Service has opened an Instagram account where it will share information on the latest tax topics, but probably not many selfies or kitten photos. The IRSNews account on Instagram will give taxpayers info about different tax subjects, especially as taxpayers face numerous tax law changes for the upcoming 2019 filing season related
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