You may be thinking about holiday gifts and New Year’s resolutions. But if you’re old enough and you’ve been saving for retirement, it’s also time to confirm that you’ve withdrawn money from certain accounts, as required by the IRS. That’s right: After encouraging you to stash money away for years, the government mandates that people start taking out cash at age 70 1/2 — gradually. (The requirement allows the government to finally tax the money, which had been growing tax-deferred to encourage saving for retirement.) Each year, by Dec. 31, account holders must withdraw a certain amount of cash, known in financial lingo as an RMD, for required minimum distribution. The amount is based on a formula that factors in the account balance and the holder’s life expectancy. In general, the rule applies to traditional individual retirement accounts and most other IRAs, as well as employer-based retirement accounts like 401(k)s — although, as … [Read more...] about Of a certain age? You may need to withdraw money from a retirement account
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Chris Jordan Asbury Park Press Published 1:01 PM EDT Sep 27, 2018 The beats are on the beach this weekend in Asbury Park. The inaugural Sea.Hear.Now music, surf and art festival is set for Saturday, Sept. 29, and Sunday, Sept. 30, on the city's North Beach and Bradley Park. Jack Johnson, Incubus, Social Distortion, Ben Harper and the Innocent Criminals, Brandi Carlile, Blondie and more are set to play over the two days. More than 20,000 are expected for each day. There's also a surfing component with top area talent riding in "expression sessions" between the two stages. Many of the musicians will be showing their own art work at the Transparent Gallery pop-up in Bradley Park. More: Sea. Hear. Now: Danny Clinch and the return of big beach music festivals to Asbury Park The fest is being produced by Danny Clinch’s Between The Sets and C3 Presents, the team behind Lollapalooza, Austin City Limits Music Festival, Shaky Festivals and more. Clinch is the Toms River native who … [Read more...] about Sea. Hear. Now music festival in Asbury Park: Everything you need to know
Mortuary science sophomore Keith Arroyo browses Anne Rice books while deciding on which one he will give a story telling presentation over for his English final exam. The hours for the library the week of finals May 9-13 are 8 a.m.-8 p.m. Monday-Thursday, 8 a.m.- 4 p.m. Friday and 9:30 a.m.- 5 p.m. Saturday. To get information on library hours for the summer, call (210) 486-0554. File Photo 2016 Staff, faculty and students share academic advice. [email protected] Getting to know teachers, being on time, managing schedules and keeping up with assignments are practices recommended to help new students succeed in college. The Ranger asked employees and students at random the first week of classes to share the best advice they were given. Speech instructor Justin Blacklock said his mother, who is also a speech instructor, told him maintaining contact with instructors and making sure they know you is the most important practice for students. Blacklock’s mother teaches speech and … [Read more...] about Arrive early, keep up and seek help to succeed in college
Looking for news you can trust?Subscribe to our free newsletters. In April 2017, Demarion Duncan learned he’d have to move. That in itself would not be the end of the world; the McBride public housing project in Cairo, Illinois, where the 12-year-old Duncan lived with his mom, dad, and two younger siblings, was falling apart. A complex of 19 stucco-and-brick two-story apartment buildings abutting the Mississippi River levee on the backside of town, McBride was home to 103 families, including many of Duncan’s classmates, friends, and basketball teammates. But while a few units at McBride were still well maintained, others had mold in the bathrooms and flaking lead paint on the staircases. Heat worked sporadically; during cold snaps, Duncan, like many of his neighbors, bundled up and turned on the oven for warmth. Empty units and entire buildings were infested with roaches and rats. The US Department of Housing and Urban Development had been debating what to do with public … [Read more...] about Donald Trump Asked, “What Do You Have to Lose?” This Illinois Town Found Out.
With school out and summer around the corner, more people are on the move, and so too are scams artists trying to take advantage of them. Bogus ads on Craigslist, Facebook and other forums offering rentals that really aren’t for rent tend to rise with the temperatures outside. The ads, which can stay up for hours before getting flagged as fraudulent, usually show appealing pictures pulled from other online postings and offer an alluring lease rate. Almost always, the poster had had to move away because of an unforeseen situation that solicits sympathy. And while common sense says never wire money to rent a place you haven’t seen in person, the posters insist they are completely trustworthy. Just wire the money and the key will be on its way. “Rents are high and people are desperate,” said Hope Grandon, who ran across more than a half dozen bogus ads in her search last month for a studio/one-bedroom rental in Denver. At first she was suspicious, then … [Read more...] about Fake rental ads are everywhere, and Colorado consumers need to watch out