I'm 67, my husband is 69, and we've been married 38 years. We've lived in the same four-bedroom colonial for 32 of those years. It's paid off and worth $1.5 million. We have another $1.8 million in retirement accounts and savings, plus Social Security and a small pension from his old job. No debt, and our kids are on their own.
So this isn't a money problem, but we can't talk about retirement anymore without it turning into a fight. He wants to buy something for $600,000 now that we are empty-nesters, and invest the rest. He has a spreadsheet. I've seen it open on the laptop at the kitchen table at 11 p.m., with property taxes, insurance and the lawn guy all in little columns.
My spouse was awarded $90,000 from my 401(k) in our divorce. How is that fair?
'She's living the dream': My stepmother said I can buy my childhood home for $850,000. Is she taking advantage of me?
Musk says ***** eX landed a $40 billion debt deal — and forecasts doom for some AI rivals

#years #Retirement

A Medicaid divorce lets the at-home spouse keep the house and up to $162,660 while Medicaid covers the nursing home's $9,277 monthly bill.
The strategy requires a real court-ordered divorce, since Medicaid's five-year look-back treats uneven transfers as gifts and penalizes them.
Before filing, families should exhaust spousal refusal, Medicaid-compliant annuities, and exempt-asset conversions, since a divorce strips survivor benefits and medical decision rights.
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A Medicaid divorce, involves a long-married couple legally ending their marriage as part of a long-term care strategy. He enters a nursing home that Medicaid may cover, while she keeps the house and a larger share of their savings to protect her retirement. It's a real but uncommon strategy. State laws may vary, and many attorneys consider it a last resort.

#medicaid #real #since #stocks

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A married couple, ages 45 and 43, got spooked during a steep market selloff and sold their entire $600,000 brokerage portfolio. Eight months later, stocks have climbed back, their money is still sitting in a savings account, and each spouse blames the other for pushing the sale.
The argument misses the real problem. They're not stuck because of one bad decision; they're stuck because they never had a plan for what to do when markets fell. Getting back in the right way matters more than figuring out who panicked first.
Don't Miss:
Think Your IRA Can Only Hold Stocks And Funds? Think Again. Here's What A Self-Directed IRA Can Actually Invest In.

#benzinga

Social Security acts as a financial safety net for many retirees, but it's not enough for most. These government checks were never designed to cover all living expenses. Social Security is a supplemental income source that can keep up with expenses if you combine it with savings.
That's why many people are encouraged to save up before retirement, and the math proves it. Your life in retirement will be very different if you just live on Social Security compared to having $500,000 in savings alongside your government checks. Let's break it all down below.
The average monthly Social Security benefit for retired workers as of mid-2026 was $2,085.98, according to the Social Security Administration (SSA). At that rate, you will not pay any taxes on Social Security, ******* uming you do not have any other income sources. You won't even have to worry about state income taxes.
However, that's where the advantages end if you rely exclusively on Social Security. Per Apartment List data, the national median rent was $1,390 in August. That median rent leaves you with less than $700 for groceries, transportation, healthcare, utilities, insurance, debt and miscellaneous purchases.
For most people, the average Social Security is not enough. High-earners can max out their benefits at $5,181 per month if they earned a high salary for most or all of their 35 highest-earning years and wait until 70 to tap into Social Security, per the SSA. That monthly amount offers more room for financial flexibility, but the average is insufficient for most people unless their spouse earns a similar check or they live very frugally.

#income #financial

Prince Harry's homecoming has been anything but relaxing, a source tells Star.
More than a month after moving back to his native U.K. with wife Meghan Markle and their two children, Prince Archie, 7, and Princess Lilibet, 5, "Harry is running from one gig to the next," spills the source. "At the same time, he's working all his contacts to find other opportunities, and not just for himself — he wants to open doors for Meghan too. He promised her he would."
As Star previously reported, the Spare author, 42, even networked for his spouse during the WellChild Awards in London on Monday, September 21, agreeing to pitch Markle, 45, on hosting her own show on Magic Radio.
"Getting them all to England was just the first battle. Now, Harry has to prove that it was the right decision, which means a whole lot of hard work," adds the source. "He was adamant that this move would allow them to bring in more money."
MEGA

#meghan #markle #princess #lilibet

Jelly Roll and Bunnie Xo are bidding farewell to their $7 million Tennessee home, which the country singer handed over to his former wife following their divorce.
The "Wild Ones" hitmaker, 41, whose real name is Jason DeFord, filed for divorce from his spouse, whose real name is Alisa DeFord, in Williamson County, TN, on May 18, according to court records first obtained by TMZ.
Weeks later, it was revealed that the country star had given full ownership of his sprawling Tennessee property to Bunnie.
However, the property seemed to bring back old memories, with Bunnie later revealing that the divorce took a toll on her health while speaking on the "Open Book With Jenna [Bush Hager]" podcast.
Now, the former couple is preparing to let the home go, with TMZ first reporting the news.

#divorce #real

Leaving $650,000 in IRAs untouched for 11 years grew the balance to $1.11 million, forcing a $42,000 first-year RMD on top of pension income.
The couple missed 11 years of Roth conversion opportunities at the 12% rate, pushing RMD dollars into the 22% bracket instead.
When one spouse dies, the survivor files under single brackets where the 22% rate starts at $50,400, making the same RMD far more costly.
Two retirees, same $1 million, same 4% rule, buy one finished with $1.4 million, the other hit $0 in 12 years. Our free reader guide explains the flaw that separated them, and the income-first method built to avoid it.
Let's start by considering a couple retiring at 62. His pension covers the mortgage, the groceries, the property tax, and the trip to see the grandkids twice a year. Two traditional IRAs, hers and his, hold a combined $650,000 on the day they stop working, and they never take a distribution. Now imagine that eleven quiet years have passed, and then the first required minimum distribution letter arrives, followed by a second, and the number attached to those letters is larger than either of them planned for.

#iras

Medicare's two-year income lookback makes age 63 the last year a Roth conversion won't directly raise your Medicare premiums at 65.
Married couples can convert roughly $133,000 annually within the 22% bracket, but crossing the $218,000 IRMAA threshold triggers surcharges for both spouses.
Delaying Social Security to 70 preserves low-income years for conversions, since every dollar of benefits claimed adds an invisible marginal rate on top of conversion income.
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A 63-year-old with $1.4 million in a traditional 401(k) has a narrower Roth conversion window than the calendar suggests. Medicare enrollment at 65 uses a two-year lookback on modified adjusted gross income, which means the conversion executed at 63 is the one that sets Medicare premiums at 65. The real deadline arrives earlier than most people expect.

#income #roth #lookback

When a spouse dies, Social Security drops to one check, but fixed costs like taxes, amenity fees, and utilities do not drop at all.
A surviving single filer's standard deduction drops from $31,500 to $15,750 and Medicare surcharges kick in at half the income threshold.
Run the survivor math now: fixed costs minus survivor income, divided by 3.5% withdrawal rate, reveals if the portfolio actually covers it.
Read More: Learn 7 secret wealth tips high net worth investors use that most investors miss (sponsor)
People often ask about retiring to a place like The Villages in central Florida, and the math usually works for a healthy couple. What almost **** ody asks, until it is too late to plan for, is what happens when the couple becomes one person in the same house. Widowhood, divorce, a spouse moving into memory care. One of you will almost certainly face it. Here is what the numbers actually look like on the other side of that day.

#income

The death of a spouse triggers an avalanche of decisions: paperwork, accounts, insurance claims, legal matters and well-meaning relatives with opinions about what to do with the money. Suze Orman's advice for navigating all of it is simple.
"The one crucial piece of advice I have for the surviving spouse is to move slowly and make as few financial decisions as possible," Orman wrote on her website. "The last thing you need is the stress of making big money decisions when grieving is most fierce."
Jeff Bezos backs a platform that lets anyone invest in rental homes for as little as $100 — 6 ways to build wealth like a landlord without actually being one
Dave Ramsey warns nearly 50% of Americans are making 1 big Social Security mistake. Here's what it is and 3 simple steps to fix it ASAP
The tax breaks in Trump's 'big beautiful bill' expire after 2028. Here are 4 moves to make before the window closes

#advice #make

When it comes to retirement plans, many couples aren't on the same page. Just 43% of married couples agree on what retirement looks like for them. Unfortunately, this is a big problem, as close to half of all married Americans feel financially dependent on their spouses.
If you need your spouse's financial contributions to live out your dreams for your later years, but you don't agree on what preparing for retirement looks like, this can create conflict. That's especially true if one spouse feels like the other may be putting their plans at risk.
Jeff Bezos backs a platform that lets anyone invest in rental homes for as little as $100 — 6 ways to build wealth like a landlord without actually being one
Dave Ramsey warns nearly 50% of Americans are making 1 big Social Security mistake. Here's what it is and 3 simple steps to fix it ASAP
The tax breaks in Trump's 'big beautiful bill' expire after 2028. Here are 4 moves to make before the window closes

#americans #plans #couples #looks

Retiring at 62 and living off a 401(k) until 70 keeps a couple in the 12% tax bracket, with an effective federal rate near 8% on roughly $133,000 in annual withdrawals.
Delaying Social Security to 70 grows each spouse's benefit by 8% per year, producing roughly $6,200 combined monthly in guaranteed, inflation-adjusted income plus a maximized survivor benefit.
Medicare's two-year income lookback means couples must keep joint MAGI below $218,000 or face IRMAA surcharges that add over $160 per month in Part B premiums.
Read More: Learn 7 secret wealth tips high net worth investors use that most investors miss (sponsor)
A 62-year-old couple with $1.8 million in a traditional 401(k) and matching $3,100 monthly Social Security benefits available at full retirement age is looking at one of the most tax-efficient windows in the entire retirement code. The plan: retire now, live off the 401(k) for eight years, and switch to two delayed Social Security checks totaling roughly $6,200 a month at 70. It sounds aggressive. The math says it is close to optimal.

#security #year #benefit

WASHINGTON (AP) — President Donald Trump has agreed to a significant portion of a stringent ethics proposal that is part of broader cryptocurrency legislation headed for a key vote this week, according to three of the bill's main Republican authors.
The sweeping bill initially had just a provision included that would bar all federally elected officials and their spouses, as well as federal judges, from issuing digital ***** ets.
A core group of Democrats, as well as Sen. Thom Tillis, R-N.C., said that didn't go far enough to address conflict-of-interest issues they had with Trump's crypto wealth. Their votes would be needed to advance the bill in a key vote this Tuesday.
Tillis and Sen. Ruben Gallego, D-Ariz., along with several other Democrats, had demanded language that would allow state attorneys general to step in and enforce the law in addition to the Justice Department.
In announcing Trump's agreement, Republican Sens. Cynthia Lummis of Wyoming, Tim Scott of South Carolina and John Boozman of Arkansas said it includes a "meaningful role" for state attorneys general to play in enforcing the crypto measure should it become law.

#republican #vote #well #Crypto

Dave Ramsey told caller Hazel her secret teen payments aren't a money problem but a marriage problem requiring full financial transparency and counseling.
Secret spending makes joint wealth-building impossible. Hiding $400 monthly from a spouse means losing its compounding potential in a Roth IRA or 529.
Transparency alone flips the outcome: a joint kid-support budget lets both spouses plan together, while secret contributions force decisions based on false information.
Read More: Learn 7 ways to generate income with a $1,000,000+ portfolio (sponsor)
On the September 9 episode of The Ramsey Show, a caller named Hazel admitted she has been slipping money to her three teenagers from a prior marriage, quietly, from her own account, because her husband of almost seven years refuses to help pay for their sports and school costs. Dave Ramsey did not reach for a spreadsheet. He told her: "You don't have a combining money problem and you don't have a who pays for what problem. You have a marriage problem."

#problem #secret

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Last night in New York City, the Kering Foundation held its fifth annual Caring for Women dinner in the midst of New York Fashion Week. Co-hosted by founders (and spouses) Salma Hayek and François-Henri Pinault, the event raises money to end gender-based violence, and it's become one of the starriest fundraisers of September—as well as a ****** e where the stars can get a bit daring with their looks.
This year, one of the most memorable ensembles of the night came courtesy of Pamela Anderson. Days after making a statement in a bright orange dress at the amfAR Gala Venezia, the queen of makeup-free red-carpet appearances turned heads again in an elegant all-black look that exuded classic Hollywood bombshell glamour.
Pamela Anderson attends the Caring for Women dinner on September 10.James Devaney - Getty Images
Anderson—who often styles herself—wore a sleek design from Gucci by Demna. The high-neck dress featured a semi-sheer, jersey-style fabric that cloaked The Naked Gun actor, leaving a few bare bits of skin thanks to a cutout around back, and a high slit that ran up the side of the skirt, exposing one of her legs. Anderson has never been afraid to bring a bit of ****** iness to the carpet.

#anderson

A $400,000 inherited IRA can become much more expensive if you get the withdrawal timing wrong. Many non-spouse beneficiaries must empty the account within 10 years, and some also have annual RMDs. Delaying distributions could concentrate more taxable income into later years and potentially push more of your money into higher tax brackets.
For many non-spouse beneficiaries, an inherited IRA must be emptied by December 31 of the year containing the 10th1 anniversary of the original owner's death. Certain beneficiaries qualify for different rules.
The 10-year deadline may not be the only requirement. If the original owner died on or after their required beginning date, a non-spouse beneficiary subject to the 10-year rule generally must also take annual RMDs during the 10-year period.
Missing a required distribution can trigger an excise tax of up to 25% of the amount not withdrawn. This makes it important to know whether annual withdrawals apply instead of ****** uming you can leave the entire account untouched until year 10.
Traditional inherited IRA distributions are generally taxed as ordinary income. Leaving a large amount until the final years could force you to withdraw more at once, potentially pushing more of the $400,000 into higher tax brackets.

#year #spouse #beneficiaries #account

Actress Aubrey Plaza offloaded the Los Angeles property her late spouse Jeff Baena died in by suicide for $4.4 million—nearly one year after she put it on the market for $6.5 million.
Plaza, 42, who is recently gave birth to her first child with partner Christopher Abbott, originally purchased the home for $4.7 million in October 2022, when it became a marital home for the onscreen star and Baena.
However, in January 2025, Baena tragically died by suicide inside the property, and eight months later, Plaza chose to put it on the market, with an asking price of $6.5 million. That ask was lowered to $5.75 million just a few months later.
Still, the actress struggled to find a buyer—with sources telling Realtor.com® at the time that, while the four-bedroom abode had come under offer several times, the deals always fell through before they could officially close.
By May of this year, the property had been removed from the market altogether, before being relisted a few days later, with a new agent—Carl Gambino of The Gambino Group at Compass—and a much lower asking price: $5.3 million.

#plaza #baena #market #died

Eve tells PEOPLE she and husband Maximillion Cooper credit honesty and communication for their strong marriage of 12 years
The couple supports each other's careers, with Cooper often attending Eve's performances as a fan
Eve will tour the U.K. and Europe to celebrate the 25th anniversary of her album Scorpion this October
Marriage looks good on Eve and Maximillion Cooper.
The Grammy-winning rapper, 47, married the English entrepreneur, 54, in June 2014 after three years of dating. Today, the spouses reside in London and share 4-year-old son Wilde Wolf, while Eve is a stepmother to Cooper's four kids from a previous relationship: Jagger, Lotus, Mini and Cash.

#people

ANN ARBOR, Mich. -- Embarrassing. An embarrassment. And more embarrassing beyond that.
The Kyle Whittingham era was supposed to embody toughness, discipline, playing smart, and doing things the right way. After saying all of the right things and appearing to be confident in what Michigan football would bring to the table in his debut in Ann Arbor, Whittingham's team was not only the opposite of everything he espouses, it was a debacle in every way. The Wolverines were a miracle away from, at best, the second-worst loss in program history, and given what the head coach's teams had been for two-plus decades in Salt Lake City, it's a head-scratcher.
The opening offensive drive was as impressive as the rest of the game was bad. Despite mistakes, quarterback Bryce Underwood sliced through the Western Michigan defense like a hot knife through ***** er, making what ended up being fall camp bluster look prescient. But that was it. 75 yards on the opening drive, and a 47-yard Hail Mary aside, it accounted for all but 154 yards accumulated all game. The offense, against a supposedly overmatched foe, made the Sherrone Moore-era offense look like the air raid by comparison. The defense got off the field, surrendering little in terms of points, sure, but it also allowed the Broncos to hold the ball for over 40 minutes, including a 13-minute, 40-second drive spanning from the third to fourth quarters. When the offense got the ball back, it quickly relinquished possession after three plays, managing seven yards on first down before deciding that moving the ball forward was anathema to its goals.
And then there were the other mistakes: missed ***** ignments, an ***** ortment of penalties, and all-around bad play. It wasn't just the opposite of what was expected; it was the opposite of how Whittingham's teams in Utah played for 21 years.
"I'm going to reserve judgment on that until I dissect the film," Whittingham said after the game. "But we talked about how we improved dramatically through fall camp. That's a fact. I mean, there's no one that attended practice that wouldn't tell you anything different. We had former players there, and everybody had the same ***** ysis. And so, and we're not -- I'm not saying that Bryce played a bad game. This isn't on Bryce Underwood. This is, like I said, it's on me, and I've got to figure out a way to have these guys better prepared and be able to get into a rhythm offensively. It's like we never got into a rhythm after that first drive. We always found a way to screw it up. We were like 0-for-5 or 0-for-6 before we converted on third down. And you just can't win football games like that. We were very fortunate to win, obviously."

#drive #whittingham

Selling and buying in retirement burns anywhere from 5% to 8% in transaction costs alone, and that is before moving expenses of up to $10,000 hit the budget.
Crossing a state line resets property tax **** sments to full market value and strips Medigap of its guaranteed-issue protections permanently.
Renting for a year before buying preserves flexibility if the family relocates again and lets retirees evaluate a city on its own merits.
Read More: Learn 7 ways to generate income with a $1,000,000+ portfolio (sponsor)
The plan is one of the most common in American retirement: sell the longtime house, move near an adult child and grandkids, and buy something smaller in the same school district. Then a job offer arrives in another state, or a spouse's career pulls the family elsewhere, and the retiree holds a house bought at retirement-age prices in a town chosen for a reason that no longer exists. Almost **** ody plans for this. Here is what it actually costs and what would have to be true for the move to still make sense.

#House #selling

JEPQ, DGRW, and JAAA together can convert a $250,000 life insurance lump sum into monthly deposits that replicate a working spouse's paycheck.
A $100,000 JEPQ allocation buys roughly 1,695 shares at $59, generating $8.46 annualized per share in monthly income with 18% yearly price gains.
JAAA's AAA-rated CLO holdings pay $2.70 per share annually with near-zero volatility, acting as the stable floor when equity markets drop.
Read More: Avoid these 13 retirement mistakes before they derail your future (sponsor)
Six weeks ago, the insurance company wired $250,000 into your checking account, and there it sits, earning almost nothing while you try to remember what day it is. That is fine. Life insurance death benefits are generally income-tax-free to the beneficiary, and no rule says grieving people have to make portfolio decisions on a schedule. When you are ready, though, three funds can turn that lump sum into a monthly deposit that behaves a lot like the paycheck your spouse used to bring home: JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ), WisdomTree U.S. Quality Dividend Growth Fund (NASDAQ:DGRW), and Janus Henderson AAA CLO ETF (NYSEARCA:JAAA).

#life

PHOENIX (AP) — Former U.S. Sen. Kyrsten Sinema can be sued under North Carolina's homewrecker law over her relationship with a member of her security detail, a judge ruled Friday.
Sinema has acknowledged having a romantic relationship with Matthew Ammel but argued that she can't be sued in North Carolina because she has no connection to the state.
U.S. District Judge David A. Bragdon rejected that argument, saying nine text messages she sent Ammel while he was in the state give North Carolina jurisdiction over her. He found it implausible that she was unaware of Ammel's whereabouts when she texted him.
Sinema's lawyer, Steven Epstein, did not immediately respond to an email seeking comment.
The lawsuit, filed by Ammel's ex-wife, seeks financial damages from Sinema, who represented Arizona in the U.S. House and later the Senate for one term that ended early last year. North Carolina is one of a handful of states that allow jilted spouses to sue for "alienation of affection" to seek compensation from a third party responsible for the breakup of their marriage.

#sued

Selling an inherited rental home triggers a large taxable gain since depreciation reduces basis and the Section 121 home-sale exclusion doesn't apply.
IRMAA uses income from two years prior, so a large 2026 gain can push both spouses into Medicare's $649 monthly Part B tier by 2028.
A voluntary property sale disqualifies sellers from SSA-44 relief, but IRMAA resets annually, so higher premiums should last only one affected year.
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A 68-year-old retiree in Ohio inherited his parents' three-bedroom colonial when his mother died in 2006. He never moved in. Instead, he rented it for 20 years before selling it this spring for a price that felt like a lottery win. He and his wife are both on Medicare. What they may not realize is that the sale can come back two years later in the form of substantially higher premiums.

#selling #inherited #home #large

The SECURE Act forces most non-spouse inherited IRA beneficiaries to fully empty the account within 10 years, with no life-expectancy stretch available.
Waiting until year 10 to withdraw a full inherited IRA balance stacks ordinary income on top of salary, pushing marginal rates to 32%.
Spreading withdrawals across all 10 years to fill the 22% and 24% brackets avoids the single-year income spike that triggers higher rates.
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An inherited IRA is a retirement account passed to a beneficiary after the original owner dies. When the beneficiary is an adult child, the rules governing how quickly the money must be withdrawn have changed significantly under the SECURE Act. The scenario in the headline- a son who inherited a $220,000 IRA at age 60, deferred withdrawals, and then faced a forced distribution in year 10 that landed him in the 32% federal bracket- sits on a specific IRS rule that many beneficiaries misread.

#income

Latest filings of Nancy Pelosi show the politician's spouse piled into Intel Corporation (NASDAQ:INTC) and Bloom Energy Corporation (NYSE:BE). In July, he bought 10,000 shares and 100 call options, each disclosed in the $1 million to $5 million range. A few days later, he bought another 5,000 shares and 100 more call options, each in the $500,001 to $1 million range. These trades were disclosed in August.
Pelosi's spouse also bought Intel Corporation (NASDAQ:INTC) in July, picking up 10,000 shares in the $500,001 to $1 million range plus 50 call options.
Insider Monkey's proprietary database shows that 25 billionaires had stakes in Bloom Energy Corporation (NYSE:BE) as of the end of the second quarter, up from 22 billionaires in the quarter prior.
Intel saw a sharp increase in interest from smart money, as 40 billionaire-led funds ended the second quarter with the chipmaker's stock in their portfolios, up from 32 billionaires a quarter prior.
In this article, we will ******* yze Bloom Energy in detail.

#shares

Mike Farrell shared a "beautiful" photo of himself and his wife, Shelley Fabares, one week after confirming her death on social media.
On Sunday, August 31, the M*A*S*H star took to Instagram with a tribute to his late spouse, who died at 80 on August 22. Farrell, 87, and the Coach and Donna Reed Show actress had been married since 1984.
"Miss you…" the bereaved husband wrote. He then declared, "Will always love you," alongside a red heart emoji.
For the featured image, Farrell smiled and wore a purple shirt as he wrapped his arms around Fabares, who stood in front of him. She beamed while wrapping her arms around his forearms in a loving embrace.
View this post on Instagram

#farrell #coach

Grief isn't the only thing losing a spouse triggers. You also have to make some big financial decisions, including whether to keep on with your Social Security retirement benefit or switch to a spousal benefit. You probably want to maximize your income, but there's no single strategy that works best for everyone.
Making the correct call between a retirement and a survivor benefit depends on understanding exactly how each benefit works. Here's what you need to know.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
A Social Security retirement benefit is the benefit you qualify for based on your own work history. The more money you've paid Social Security payroll taxes on throughout your career, the larger your retirement benefit will be.
Married people might get a spousal benefit if they didn't work long enough to qualify for a retirement benefit on their own, or if the spousal benefit, worth up to one-half of the benefit their partner qualified for at their full retirement age (FRA), is larger than their own retirement benefit. But you cannot claim a spousal benefit once your partner has died.

#benefit #Social #NVIDIA #qualify

Nursing home bills can wipe out the tax on a Roth conversion when both occur in the same year, because deductible medical costs above 7.5% of AGI offset conversion income.
The strategy requires itemizing deductions and works only when the IRA owner and the patient are the same person, a spouse, or a qualifying dependent.
Each converted dollar raises AGI, lifting the 7.5% deduction floor, and a larger MAGI can trigger IRMAA Medicare surcharges two years later.
Read More: Learn 7 ways to generate income with a $1,000,000+ portfolio (sponsor)
If you have a traditional IRA and someone in your household faces catastrophic nursing home bills, a tax interaction exists. A Roth conversion executed in the same year as enormous deductible medical costs can move IRA dollars into a Roth at a fraction of their normal tax cost, because the medical expense itemized deduction absorbs the taxable income the conversion generates. The strategy pairs two ordinary tools most people use separately, and the window closes at year-end.

#deductible

NEW YORK (AP) — Belinda Bencic and Flavio Cobolli advanced to the U.S. Open mixed doubles final Wednesday night by rallying to end the run of spouses Elina Svitolina and Gael Monfils.
Bencic and Cobolli won 4-5 (7), 4-1 (10-5) and waited to return to the Arthur Ashe Stadium court later against the winner of the second semifinal. Karolina Muchova and Jakub Mensik faced Mirra Andreeva and Andrey Rublev in that one.
The winning team receives $1 million.
Bencic and Cobolli knocked Serena Williams and Carlos Alcaraz out of the tournament Tuesday in the quarterfinals.
Then they dropped a set for the first time in the tournament, but began to dominate midway through the second set, winning the final 11 points to force a match tiebreaker.

#cobolli

The Bipartisan Budget Act of 2015 killed the restricted application strategy for anyone born after January 1, 1954, closing it to all new claimants by 2026.
Deemed filing now forces spouses to claim both spousal and personal retirement benefits simultaneously, eliminating the ability to collect one while the other grows.
Couples can still delay the higher earner's benefit to 70 for roughly 8% annual growth, and sequence survivor benefits separately from retirement benefits.
Are you ahead, or behind on retirement? SmartAsset's free tool can match you with a financial advisor in minutes to help you answer that today. Each advisor has been carefully vetted, and must act in your best interests. Don't waste another minute; learn more here.
Picture a couple in their mid-sixties. Linda spent 35 years as a hospital administrator; Mark earned less as a school counselor. As they plan their Social Security claims, Linda remembers the move her older sister used years ago. She collected a spousal check while allowing the benefit on her own work record to grow until 70. Then she then dropped the smaller payment and switched to her larger one.

#benefits #benefit #years #january