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 But if you’re old enough and you’ve been saving for retirement, it’s also time to confirm that you’ve withdrawn money from certain accounts, as required by the IRS.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
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
Home HomeNewsEducationHealthTechManufacturing & LogisticsLife SciencesAg INnovationINPower INnovatorsBigWigs & New GigsVideoPurchase Gerry DickGerry's ViewSpeaking Engagement RequestSubscribeNewslettersPODCASTAppRSSOn-AirTV & Radio Listings ContactAbout IIBMeet the TeamContact UsIntern with IIBFlagship Stations Why Do I Need a Transition Plan? By Kevin Alerding, Partner, Ice Miller LLP's Trusts and Estates Group Why do you need a business transition plan? Let me give you six good reasons.1. Exiting your business likely is the most important financial transaction of your life 2. Exiting a business is complex3. Your financial security, and your spouse's financial security, depends upon your ability to exit your business the right way4. Others are depending on you, like your partners, employees, kids, lenders, suppliers, customers and the community5. Exiting a business is fraught with risk6. If you don't have a plan, … [Read more...] about Why Do I Need a Transition Plan?
Feature Competing claims to the land at Wailua are rooted in an historic fraud perpetrated by a notorious swindler and facilitated by the president of the Provisional Republic, presenting challenges to the legality of the deed held by the Coco Palms Hui. Will Caron in ʻAina February 23, 2018 06:32 PM “Yesterday, they came at 7 in the morning: sheriffs, Kauaʻi Police Department (KPD), plus they even flew in United States Marshals. They had no paperwork to show us what all of this was about. They blocked the highway roads so no one could see what was happening here,” says Charles “Kamuela” Hepa. Hepa is one of the kiaʻi—the caretakers—watching over the land at the mouth of the Wailua River; land that a group of developers is claiming belongs to them. “I rushed to the court house in Līhuʻe and asked for paperwork regarding the action, but the clerks could produce no such document.” Hepa continues, … [Read more...] about Everything you need to know about the Coco Palms eviction, part 2