Welcome to the end of the week and another edition of Happy Hour! Just sit back, relax, and enjoy your end of the week roundup of all things interesting in the land of money.
Honest Jobs
Congratulations nurses! A recent Gallup poll had participants rate the honest and ethical standards in different professions. Nurses were viewed as the most honest and ethic people.
What’s surprising is college teachers and clergy falling to seventh and eighth. Even more surprising, car salespeople beat out Members of Congress for dead last.
Index Extravaganza
If indexers are annoyed by the lack of choices they have, things are looking up. The Nasdaq announced the possible creation of 24,000 new indexes, with 4,000 being introduces this week. As if the ETF and index fund space wasn’t crowded enough. The idea is to get as specific as possible with the indexes. Basically breaking things down to the most minute detail. Continue Reading…
For decades the savings bond was the gift you knew would last past the year. That was the idea. It was the easiest way to gift money that would grow over time.
Your modified adjusted gross income or MAGI is used to determine your eligibility on a number of things. This includes several credits and deductions, Medicare Plan B premiums, and is most known for determining IRA deduction and Roth IRA contribution eligibility.
There has been a flurry of special dividend announcements recently. Many from companies that don’t normally pay a dividend. Which shouldn’t be surprising really. Which leaves shareholders with a nice end of the year dividend payment. Of course, even special dividends are taxed. But how is it viewed for tax purposed?