Posted by Richard on December 8, 2020
The U.S. Social Security Administration (SSA) announced its cost-of-living adjustment (COLA) for 2021: 1.3 percent, one of the lowest increases in the program’s history, according to CNBC. The increase affects benefits for more than 64 million recipients, according to Forbes. That means that the average retiree receiving $1,519.07 per month will see an increase of […]
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The seller of a home we like says assuming his mortgage would be a good deal for us. Would it? Maybe. We can surely examine the deal. But with interest rates so low, don’t get your hopes too high. “Assuming a mortgage” means that the buyer takes over mortgage at the existing interest rate and […]
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In the 1985 film Brewster’s Millions, a minor league baseball pitcher stands to inherit a huge sum of money if he can spend $30M in 30 days, but finds that offloading the cash is harder than he thought. The millions of Americans looking to spend down their tax-free flex spending accounts (FSAs) might have an […]
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Our experiences inside grocery and retail stores and restaurants have changed dramatically over the past few months, with many changes likely permanent–plexiglass dividers at checkout and contact-less purchases, for example. But what about the office? What will it look like after the quarantines ease and more workers return to the office after months of remote […]
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