Was Your No-Health-Insurance Penalty A Surprise?
No health insurance? Note: The penalty amounts to the HIGHER of the flat dollar amount or the percentage of income. We explain in this week’s Insurance Tip.
Stocks Retreat
Indices ended in the red zone on Wednesday. Stocks retreated on a dip in crude oil and other economic news. Crude oil fell below the $40 level for the first time in three months. Prices slipped following news that domestic reserves increased for the tenth straight week.
Retirement Plan Distribution Pitfalls
Be aware when your leave employer—a retirement plan distribution before age 59½ comes with a penalty! We explain in this week’s Tax Tip.
Brands Rise
Indices closed in green territory on Tuesday. Brands climbed today amid a variety of economic news. Manufacturing retreated slightly in November.
A Military Buyback May Increase Your Pension Payout
As a federal civilian employee, you have the opportunity to buy back your military time to increase your pension payout. Learn more in this week’s Financial Tip.
A Red Finish
Energy and utilities brands led the way up on Monday, while health care and biotechs took a breather. Stocks rebounded from early low levels to close slightly in the red zone.
Sole Proprietorship—Is The Risk Worth It?
A sole proprietorship comes with few bureaucratic hoops, but you have to contend with 100% personal liability. We explain in this week’s Business Tip.
Medicare Premiums and Other Costs for 2016
Some Medicare premium increases are less than projected because of provisions in the Bipartisan Budget Act of 2015. We explain in this week’s Insurance Tip.
When a Saver Marries a Spender, Every Penny Counts
What happens when a saver loves a spender? A compromise on your future money habits is necessary. Learn more in this week’s Financial Tip.
A Green Friday
Nike led advancers on the Dow. The sportswear giant tacked on 5.5 percent today on news of its $12 billion buyback plan and dividend increase.