July 26, 2021
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Featured News
Cashing in on the collectibles craze
Baseball cards, wine, even dinosaur bones can help diversify a portfolio, as demand for the items surged during the pandemic.
Senate bill would expand pass-through tax deduction to advisers
The bill, which was written by Senate Finance Chairman Ron Wyden, D-Ore., would limit the benefit to individuals earning less than $400,000 a year.
Schwab’s $200 million charge points toward conflicts with cash spreads
Cash spreads are certainly nothing new, but with almost $64 billion in assets, Charles Schwab & Co. is likely the largest robo-adviser to hold significant chunks of client assets in cash.
Social Security COLA likely to top 6% in 2022
Continued inflationary pressures could result in the largest cost-of-living increase in benefits since 1983.
Biden fires head of Social Security Administration
The political infighting won't affect the $1 trillion in benefits Social Security sends each year to 65 million Americans. But it will likely make it more difficult to begin work on a solution to the program's long-term financial challenges.
