FTC reveals 2.6 million complaints about Do Not Call as robocalls increase
Spam Calls: A Growing Concern It’s frustrating when your phone lights up with a local number. You might think it’s someone important – perhaps a doctor, a school, or even a delivery driver. But then comes that pause before the automated voice starts, and you know you’ve likely been targeted again. It’s a daily guessing […]
A 58-Year-Old With $2.2 Million in a 401(k) Has Five Years to Complete a Roth Conversion That Could Save $315,000 in Taxes Over a Lifetime
Quick Read Waiting until 63 to convert $80,000 a year can lead to a reduction in tax brackets from 17% to 24%, ultimately saving around $315,000 by age 73. If you aim to convert, it’s wise to build a reserve of about $150,000 in outside savings to handle the conversion tax without touching your $2.2 […]
Kathie Lee Gifford puts her Greenwich home on the market for $100 million across 3 acres.
Kathie Lee Gifford Lists Greenwich Home for $100 Million Kathie Lee Gifford has officially put her Greenwich residence up for sale at a price of $100 million. The home, represented by Leslie McElreath of Sotheby’s International Realty, boasts eight bedrooms, along with nine full and five partial bathrooms. Spanning 13,163 square feet, this property sits […]
Floyd Mayweather files a lawsuit against a famous New York money manager in a claimed $175 million fraud case involving diamonds and a private jet.
Floyd Mayweather Jr. Files Lawsuit Against Former Donor Floyd Mayweather Jr., a five-time heavyweight boxing champion, is taking aim at Jonah Rechnitz, a former key donor to ex-Mayor Bill de Blasio, over an alleged $175 million fraud scheme involving hidden sales of jewelry and private jets. The boxing star argues in a recent lawsuit filed […]
A 75-Year-Old With $3 Million in a 401(k) Realizes Three Years of Required Minimum Distributions Will Result in $42,000 in Medicare Surcharges
quick read A $3 million 401(k) at the age of 75 would mean an RMD of $122,000, pushing the Modified Adjusted Gross Income (MAGI) to $200,000 and resulting in a $564 monthly Medicare surcharge. Consider a Roth conversion before RMDs kick in and roll those funds into an IRA to enable $111,000 in qualified charitable […]
Fernando Tatis Jr. loses case regarding $2 million advance agreement and owes millions more to a talent agency.
Fernando Tatis Jr. is facing a significant financial blow following a decision from a San Diego Superior Court judge regarding his legal fight with Big League Advance Fund. Tatis aimed to nullify a contentious contract he signed back in 2017, which advanced him $2 million in exchange for 10% of his future earnings. This ruling […]
Two women from Minnesota charged in a purported $46.6 million Medicaid fraud scheme related to autism
Justice Department’s $90 Million Fraud Bust in Minnesota Former DHS Deputy Assistant Secretary Jonathan Fahey addressed the recent indictment concerning a $90 million Medicaid fraud scheme in Minnesota. He remarked that this situation likely reveals only a fraction of the whole issue and anticipates further disclosures from those cooperating with authorities. Interestingly, he also posed […]
$1.2 Million Worth of Cocaine Taken at Texas-Mexico Border
CBP Intercepts Over $1.2 Million in Cocaine at Texas Border U.S. Customs and Border Protection (CBP) officers have uncovered more than $1.2 million in cocaine during two separate incidents at the International Bridge in Hidalgo and Farr, Texas. These occurrences took place just days apart, underscoring ongoing efforts by Mexican drug cartels to exploit land […]
George Soros directed $7 million to organizations advocating for laws that might release New York’s most dangerous criminals, including the ‘Son of Sam.’
Soros’ Funding of Parole Bills Raises Concerns Billionaire George Soros has invested over $7 million into organizations advocating for parole reform in Albany. This has sparked fears among critics that it could facilitate the premature release of infamous criminals, including David Berkowitz, known as the “Son of Sam.” Since 2016, Soros’ network has contributed at […]
Gas prices for Memorial Day approach record levels as 40 million drivers take to the roads
Record Gas Prices Impact Memorial Day Travel This Memorial Day weekend, Americans are facing some of the highest gas prices recorded. Despite soaring costs resulting from transportation disruptions and conflicts in Iran, AAA predicts over 39 million travelers will be on the roads. The White House is working to strengthen its connection with the public […]