Weird historical facts about everyday life that schools never taught us Ordinary daily life across history rarely survives in the tidy version taught in a classroom. The real texture of how people got through a […]
Mysterious abandoned locations around the world with chilling histories Nobody’s immune to a haunted house story. Even people who don’t believe a word of it feel the hair go up the second someone starts describing […]
Key takeaways Social Security retirement benefits are calculated using a worker’s 35 highest-earning years. The Social Security Administration indexes each year’s earnings to account for wage growth, then averages the 35 highest years to produce […]
Iconic movie props that mysteriously vanished after filming A film set holds more people than any audience ever imagines: actors treated like demigods, sure, but also the props department, the casting team, makeup artists, and […]
Key takeaways Annuity: A long-term contract with an insurance company designed to convert a lump sum or series of payments into a steady stream of future income. Fixed annuities: Guarantee a minimum interest rate with […]
Key takeaways The required minimum distribution (RMD) is the minimum amount that must be withdrawn annually from tax-deferred retirement accounts once the account holder reaches the applicable RMD age. RMD age depends on birth year. […]
Key takeaways A Roth conversion is the process of moving funds from a traditional IRA, SEP IRA, SIMPLE IRA, or eligible employer plan into a Roth IRA. This is a taxable event in the year […]
Key takeaways Traditional and Roth accounts differ primarily in when taxes are paid. Traditional accounts are funded with pre-tax dollars, grow on a tax-deferred basis, and are taxed at withdrawal. Roth accounts are funded with […]
Key takeaways The SECURE Act of 2019 fundamentally changed inherited IRA rules for most non-spouse beneficiaries. Congress eliminated the stretch IRA strategy primarily to accelerate tax collection on inherited retirement assets, which the Joint Committee […]
Key takeaways Registration and disciplinary history are publicly searchable before any meeting takes place. The SEC’s Investment Adviser Public Disclosure database and FINRA BrokerCheck both allow anyone to look up an advisor’s background at no […]