Retirees Archives -
Dear Liz: I sold my home two years ago and still have not done anything with my gain of $ 200,000. It’s in a one-year certificate of deposit so at least it’s earning something while I try to figure out what to do with it. I’m 66, retired and have an IRA of $ 500,000 that’s invested in the market….
Florida really is the place to be for retirees. The Sunshine State is home to three of the top five retirement-friendly US cities, according to WalletHub , which ranked the most populated cities across the nation, based on affordability, recreational activities, quality of life, and health care. Living in top-ranked cities…
Dear Liz: When I sat down with my accountant in March to do my 2017 taxes, he said next year I will take the standard deduction. Are my contributions to charity still deductible if I take the standard deduction?
Answer: No. Charitable contributions are an itemized deduction. If you don’t itemize…
American retirees are healthier and wealthier than ever. But wiser? A new report throws a little doubt on that notion.
Money manager United Income analyzed data from sources, including the Federal Reserve Board, the U.S. Bureau of Labor Statistics, the Census Bureau, the Internal Revenue Service…
Several hundred Serbian pensioners have rallied in Belgrade to demand that the government increase pensions which were reduced as part of austerity measures agreed with the International Monetary Fund.
Three major public pension funds, including the Orange County Employees Retirement System, have sued a half-dozen Wall Street banks, alleging they illegally conspired to control a corner of the stock market, leading to higher charges for the funds and thus less money for retirees.
In a lawsuit…
Three senior citizens in Northern Ireland handed themselves over to police and asked to be prosecuted Monday in protest of that country’s abortion laws, the Guardian reports. Abortion is largely illegal in Northern Ireland due to a 155-year-old law. That includes in instances of rape and incest, according to Vice…
Detroit Retirees Vote in Favor of Pension Cuts
Workers and retirees approved pension cuts in Detroit's bankruptcy by a landslide, the city reported Monday, a crucial step to emerging from the largest municipal insolvency in U.S. history. The city disclosed results from two months of balloting, which ended …
Detroit retirees back pension cuts
Detroit Pension Holders Approve City's Debt-Cutting Bankruptcy Plan
Detroit retirees back pension cuts by a landslide
A federal judge turns down American Airlines’ request to eliminate retiree benefits for former pilots, flight attendants and other union workers.
DALLAS — A federal judge has rejected an attempt by American Airlines to quickly cut off benefits for many of its retirees.