Florida financial advisor Todd Burkhalter admits guilt in a $380 million Ponzi scheme, the largest in Georgia.
Financial Advisor Accused of Massive Ponzi Scheme A financial advisor stands accused of orchestrating the largest Ponzi scheme in Georgia’s history, channeling funds into a luxurious lifestyle that included yachts, multimillion-dollar condos in Mexico, luxury vehicles, jewelry, and private jet charters. Todd Burkhalter has reportedly admitted to defrauding over 2,000 victims, amassing more than $380 […]
A Financial Advisor Suggested Transferring $50K From His 401(k) To A Traditional IRA In 2021. Five Years Later, He Has Gained Only $2K.
Investor’s Retirement Fund Barely Grows After 401(k) Move In 2021, a 34-year-old investor decided to take conventional advice to heart. With guidance from a financial advisor, he transferred about $50,000 from his 401(k) into a Traditional IRA. Following that, he essentially did what most people are typically recommended to do with their retirement savings. “That’s […]
Key 401(k) information for 2026 is increasingly important, says advisor. Here’s what to know.
Important 401(k) Changes for 2026 As more older Americans near retirement, there’s a growing focus on increasing 401(k) savings to handle soaring medical bills and daily expenses. According to financial experts, it’s crucial to stay informed about upcoming changes to 401(k) plans in 2026. Jun Um, a certified financial planner at Secure Tax and Accounting […]
Warren, Mamdani advisor criticized after iRobot deal failure transfers control to China
Amazon’s Failed iRobot Deal and Its Consequences Senator Elizabeth Warren, along with Lina Khan, the former head of the Federal Trade Commission under Biden, has faced significant criticism for their role in opposing Amazon’s acquisition of iRobot, the maker of Roomba. This opposition, it is suggested, led to the company’s bankruptcy and potentially placed it […]
Zelensky Chooses Justin Trudeau’s Close Ally as Advisor
Ukrainian President Appoints Freeland as Economic Advisor Ukrainian President Volodymyr Zelenskiy has named Chrystia Freeland, the former Canadian deputy prime minister with Ukrainian heritage, as his new economic adviser. Freeland is currently a member of Canada’s Liberal Party and serves as the special representative for Ukraine’s recovery. Her appointment comes despite some controversy surrounding her […]
Governor-elect picks former Crockett advisor for key DEI role.
Virginia’s New Chief Diversity Officer Appointed Virginia’s incoming Democratic governor, Abigail Spanberger, has appointed Dr. Sesha Joy Moon as the state’s Chief Diversity Officer and Director of Diversity, Equity, and Inclusion. Moon previously served as the chief brand strategist for Texas Democratic Rep. Jasmine Crockett. This announcement was made in a statement on Tuesday, ahead […]
New regulations allow for penalty-free early 401(k) withdrawals, but an advisor suggests the new uses may not be feasible.
New Rules Allow Withdrawals from 401(k) for Long-Term Care Insurance Workers now have a new option to plan for unpredictable health-related costs during retirement. Recent changes to 401(k) plans permit participants to make limited, penalty-free withdrawals to fund long-term care insurance. This insurance helps cover costs associated with daily living assistance, like bathing, dressing, and […]
Habba steps into the position of Bondi advisor, departing from his role as New Jersey’s police chief.
Alina Haba Steps Down as New Jersey’s Top Prosecutor Alina Haba, a staunch supporter of Donald Trump, is resigning from her role as New Jersey’s chief prosecutor. This decision follows a recent court ruling indicating that Attorney General Pam Bondi had improperly appointed her as U.S. attorney. On Monday, Bondi announced that Haba would transition […]
An advisor for affluent early retirees shares his views on why he believes 401ks are like a ‘money prison.’
Rethinking Retirement: A New Approach to Financial Independence Austin Dean, despite his numerous certifications as a financial advisor, found himself dissatisfied with conventional teachings, particularly regarding retirement savings. In his early 20s, he had a keen interest in achieving financial independence, and the notion of “locking away” savings until age 59 and a half struck […]
Longtime Advisor to Nancy Mace Steps Down Due to Allegiance to Trump
Advisor Exits Gubernatorial Race Over Loyalty to Trump Austin McCubbin, who has been a long-time adviser to South Carolina Republican Rep. Nancy Mace, announced his withdrawal from the 2026 gubernatorial race. He cited loyalty to former President Donald Trump in a post on his verified X account. “Nancy Mace has decided to once again turn […]