Why You Can’t Rely on Social Security Disability Insurance

Most people would agree on the importance of life insurance, but few of us have even considered buying disability insurance — though you’re more likely to be disabled than to die before your retirement age. It’s true that Social Security offers some disability coverage, but that coverage is pretty limited.

Denmark’s Biggest Mortgage Lender Reports 56% Jump in Profit

Nykredit Realkredit A/S, the largest lender operating in the world’s biggest market for mortgage-backed covered bonds, reported a 56 percent jump in profit last quarter after management cut costs and revenue increased. The Copenhagen-based lender said net profit excluding minorities rose to 1.87 billion kroner in the fourth quarter from 1.2 billion kroner a year earlier, according to a statement on Tuesday.

Indian Bank Shunning Corporate Loans Sees Stock Tripling in Year

Indian Bank, a century-old state-owned lender based in the country’s south, has emerged as Asia’s top-performing bank stock in the past year, driven by a focus on consumer loans that are less likely to sour than corporate advances. The Chennai-based firm is aiming to boost retail lending, which includes mortgages and loans underpinned by gold as collateral, to account for 60 percent of its loan book over the next two years, up from 52 percent at the end of December, according to Chief Executive Officer Mahesh Kumar Jain.

Rates mixed at weekly US Treasury bill auction

Interest rates on short-term Treasury bills were mixed in Monday’s auction, with rates on three-month bills rising to their highest level since late December and rates on six-month bills declining slightly. The Treasury Department auctioned $34 billion in three-month bills at a discount rate of 0.530 percent, up from 0.515 percent last week.

This Massive Bank Is Even Bigger Than It Seems

Not only is it a compelling story, but embedded in it are critical lessons that investors in bank stocks would be wise to internalize if the extraordinary uncertainty pulsing through the markets right now continues. Yet, even though we all know that JPMorgan Chase is enormous , the fact of the matter is that it’s even bigger than it appears.

It’s too late for Trump to stop this financial rule

President Trump on Friday signed a memo asking the Labor Department to review the fiduciary rule, which requires brokers working with retirement savers to put the interest of their clients ahead of their own. Rules and regulations exist to let us know what behaviors we should expect from the people we do business with.

Emergency Funds: Should You Use Yours to Pay Down Debt?

Financial advisors often recommend clients build an emergency fund and use it only in true emergencies. But what about when you spend hundreds of dollars each month to pay down high-interest debt – is that an emergency? And should you dip into that fund in order to decrease your debt burden? The consumer should build an emergency fund before paying down debt.

Investors are worried about Wall Street rollbacks by Trump

President Trump last week signed a “presidential memorandum to delay the Labor Department’s rules that require financial professionals to put their clients’ interests ahead of their own.” Last week, Trump signed a “presidential memorandum to delay the Labor Department’s rules that would require financial professionals to put their clients’ interests ahead of their own,” The Post’s Renae Merle wrote .

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Many people look forward to retirement in all of its budget-friendly glory. But in reality, retirement may not be the bargain you’d expect it to be.

What is the Standard Deduction For 2017?

The standard deduction for 2017 is $6,350 for single taxpayers and $12,700 for married taxpayers filing joint returns. However, there’s a chance it could change before next tax season, and no matter where it ends up, you may be better off not claiming it.

Work From Home? This Tax Deduction May Be for You

If you work from your home and have a dedicated home office you use, then you may be entitled to the home office deduction, which could save you hundreds or even thousands of dollars on your tax return. Here’s what the IRS considers to be a “home office,” how much your deduction could be, and how to claim it on your tax return.

Why it’s a good idea to file your taxes early

Tax season is here, and while you have until April 18 to file your return, you may want to think about doing so sooner rather than later. Here are a few expert tips on why: Identity theft is a growing problem and one often tied to tax refund fraud, said Mark Steber, chief tax officer at Jackson Hewitt Tax Service.

Buying an Annuity for Retirement Makes Sense — Sometimes

The use of annuities inside a qualified retirement plan or IRA has been a controversial practice among financial planners for the past few decades. But new innovations have been added to annuities in recent years, and this has changed the rules of the game in the minds of many planners who once saw annuities as unfit investments for their clients’ retirement assets.

Wall St. lending to Main St. even as many decry Dodd-Frank

President Donald Trump has wasted little time in beginning a push to reverse the stricter banking regulations enacted after the 2008 financial crisis. Trump has branded the Dodd-Frank Act “a disaster” – a regulatory overreach that slowed the economy and stifled lending to consumers and businesses.

New documents show Trump retains direct tie to businesses

New documents confirm that President Donald Trump retains a direct tie to his business interests through a revocable trust now being overseen by one of his adult sons and a longtime executive of the Trump Organization. Trump is the sole beneficiary of the Donald J. Trump Revocable Trust, which is tied to his Social Security number as the taxpayer identification number, according to documents published online by the investigative nonprofit ProPublica.

The Top Stock You Should Consider for Your IRA

To be clear, there are dozens, if not hundreds of stocks that could make great IRA investments, depending on your risk tolerance and portfolio diversification. One stock in particular that I have my eye on for my own IRA right now is New York Community Bancorp — more specifically, I already own it but am considering adding to my position now that the stock has declined.

Required Minimum Distributions: Do I Have to Take My IRA Cash?

Tax-favored retirement accounts like IRAs and 401 s can save you thousands of dollars in taxes over the course of your career, because they offer tax deferral on the income and gains that your investments produce while they’re inside the account. However, the IRS doesn’t let you get away with tax-deferred growth forever.

U.S. Labor Dept. Responds to Trump’s Fiduciary Order

National Economic Council Chairman Gary Cohn, center, and White House Senior Adviser Jared Kushner, right, listen as President Donald Trump speaks while hosting breakfast with business leaders in the Roosevelt Room of the White House. ( The U.S. Labor Department is looking into delaying the implementation date of its new fiduciary rule governing the advice that brokers can give about retirement investments, it said on Friday, after President Donald Trump called for a review that could ultimately lead to scrapping it.

Trump to target long-awaited rule meant to protect retirement savers

FEBRUARY 03: U.S. President Donald Trump delivers opening remarks at the beginning of a policy forum with business leaders chaired by Blackstone Group CEO Stephen Schwarzman in the State Dining Room at the White House February 3, 2017 in Washington, DC. Leaders from the automotive and manufacturing industries, the financial and retail services and other powerful global businesses were invited to the meeting with Trump, his advisors and family.

Do You Know Who Gets Your Assets When You Die?

When most people hear the phrase “estate planning,” they immediately think of a will. However, while a will is often the cornerstone of an estate plan, there are certain types of assets it does not control, including insurance policies, individual retirement accounts, 401 s, and similar retirement accounts.