Are you thinking about starting your Social Security benefits? The decision to file for your first check can be difficult to undo and it can affect the income you get every month and over the rest of your life. Before you move forward with claiming your retirement benefits, there are four numbers you must know to make sure you're making the right choice. Here's what they are. Image source: Getty Images. 1. Your full retirement age Knowing your full retirement age (FRA) is crucial because FRA -- along with the age you start your checks -- determines how much income Social Security will actually provide. Every retiree has a primary insurance amount (PIA). Yours is based on your average wages. But the catch is, you don't get your PIA unless you start your first Social Security check exactly at your full retirement age. If you choose to file at a different time: You could face early filing penalties . For each of the first 36 months you get a check before FRA, these … [Read more...] about 4 Numbers You Absolutely Must Know Before Claiming Social Security
Network youre trying to join has security issues
Last month, California-based baby food startup Yumi announced a $67 million Series B funding round, led by San Francisco-based biotech fund Jazz Ventures Partners, AF Ventures, and 23andme cofounder and CEO Anne Wojcicki. It brings the company’s total funding to $79 million and adds more name-brand investors into a fold that already included the founders of Warby Parker, Harry’s, Sweetgreen, and Uber, as well as such celebrities as Snoop Dogg and Gabrielle Union. advertisement advertisement But this new funding also represents something else to Yumi cofounders Angela Sutherland and Evelyn Rusli: It’s a chance to embed their ideals as women founders into the company’s cap table. This funding round features a female-led special purpose vehicle (SPV), which includes about 70 new women investors and women-led firms. Yumi chief financial officer Sarah Marie Martin says the SPV is about creating more options for women. Knowing that women continue to earn 84% … [Read more...] about Baby food startup Yumi just added 70 women as investors. What’s your excuse?
Delaying your claim for Social Security benefits means giving up years of income that could be available to you. You can start your checks as soon as age 62, but waiting as long as you can until age 70 can result in an increased monthly benefit for each year you delay. If you're trying to decide what claiming strategy is best for you, there are four compelling reasons why you should consider waiting as long as you can. Image source: Getty Images. 1. To maximize the potential for higher lifetime benefits Social Security is designed to theoretically equalize the amount of benefits a retiree gets, regardless of what age they first claim them. The idea is that anyone who files before their full retirement age (FRA) will see their standard benefit reduced by early filing penalties . Although they'll receive more checks over the course of their lifetime, each one won't be for as large of an amount. On the other hand, anyone who waits past their FRA will receive fewer … [Read more...] about 4 Compelling Reasons to Delay Your Social Security Claim
It's no secret that these days, the general cost of living is way up. Consumers are paying more for everything from gas to groceries to utilities, and unfortunately, we could get stuck in this holding pattern of rampant inflation for many more months until things start to ease. In December, the Consumer Price Index rose 7% from a year prior, marking the highest increase since 1982. And while seniors on Social Security did get a 5.9% cost-of-living adjustment to compensate for the rising cost of consumer goods, clearly, that raise is already falling short. If you're retired, you may be struggling to stick to your budget given the recent rise in inflation . If that's the case, here are a few moves you might consider making. Image source: Getty Images. 1. Withdraw more aggressively from your savings If you have a healthy amount of money socked away in your IRA or 401(k) plan , you may be OK to increase your withdrawal rate temporarily to help compensate for higher … [Read more...] about How to Cope if Inflation Is Wrecking Your Retirement Budget
Finding a job in the Hillary Clinton State Department for the daughter of then-Iowa Sen. Tom Harkin was not an easy task, emails released on Friday show. It was summer 2009 and there were a “limited number of slots” in the Office of War Crimes Issues, the State Department sub-agency where Harkin hoped to find a job for his daughter Jenny. But the powerful Hawkeye State Democrat, now retired, was persistent, calling Clinton several times and contacting the White House in order to find gainful employment for his kid, a Georgetown University law school graduate. The Daily Caller first reported in August on emails showing Clinton and her aides scrambling to accommodate Harkin. Those messages indicated that Clinton, her chief of staff Cheryl Mills, and State’s under secretary for management, Patrick Kennedy, had to move heaven and earth to obtain a job spot for the younger Harkin, who obtained an undergraduate degree from Princeton. (RELATED: After Lobbying Hillary, Democratic Senator’s … [Read more...] about More Emails Emerge Showing Iowa’s Tom Harkin Pressuring Hillary To Hire His Daughter At The State Dept.
Image source: The Motley Fool. Johnson Controls International plc ( NYSE:JCI ) Nov 5, 2021 , 8:30 a.m. ET Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: Operator Welcome to the Johnson Controls Fourth Quarter 2021 Earnings Call. [Operator Instructions] [Operator Instructions] I will now turn the call over to Antonella Franzen, Vice President and Chief Investor Relations and Communications Officer. Antonella Franzen -- Vice President And Chief Investor Relations And Communications Officer Good morning, and thank you for joining our conference call to discuss Johnson Controls' fourth quarter fiscal 2021 results. The press release and all related tables issued earlier this morning as well as the conference call slide presentation can be found on the Investor Relations portion of our website at johnsoncontrols.com. Joining me on the call today are Johnson Controls' Chairman and Chief Executive Officer, … [Read more...] about Johnson Controls International plc (JCI) Q3 2021 Earnings Call Transcript
Image source: The Motley Fool. nVent Electric plc ( NYSE:NVT ) Aug 3, 2021 , 8:00 a.m. ET Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: Operator Good day, and thank you for standing by. Welcome to the nVent Q2 Earnings Conference Call. At this time, all participants are in a listen-only mode. After the speaker's presentation, there will be a question-and-answer session. [Operator Instructions] Please be advised that today's conference call is being recorded. [Operator Instructions] I would now like to hand the conference over to your speaker today J.C. Weigelt. Thank you. Please go ahead. J. C. Weigelt -- Vice President of Investor Relations Thank you, Stephanie, and welcome everyone to nVent's Second Quarter 2021 Earnings Call. I'm J.C. Weigelt, Vice President of Investor Relations. And on the call are Beth Wozniak, our Chief Executive Officer; and Sara Zawoyski, our Chief Financial Officer. Today, we … [Read more...] about nVent Electric plc (NVT) Q2 2021 Earnings Call Transcript
Image source: The Motley Fool. Johnson Controls Inc ( NYSE:JCI ) Nov 3, 2020 , 8:30 a.m. ET Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: Operator Good morning. Welcome to Johnson Controls Fourth Quarter 2020 Earnings Call. [Operator Instructions]. I will now turn the call over to Antonella Franzen, Vice President and Chief Investor Relations and Communications Officer. Antonella Franzen -- Vice President, Chief Investor Relations and Communications Officer Good morning and thank you for joining our conference call to discuss Johnson Controls fourth quarter fiscal 2020 results. The press release and all related tables issued earlier this morning, as well as the conference call slide presentation, can be found on the Investor Relations portion of our website, at johnsoncontrols.com. Joining me on the call today are Johnson Controls' Chairman and Chief Executive Officer, George Oliver, our Vice Chairman and … [Read more...] about Johnson Controls Inc (JCI) Q4 2020 Earnings Call Transcript
What could crypto leader Ethereum ( CRYPTO:ETH ) and consumer staple stalwart Procter & Gamble ( NYSE:PG ) possibly have in common? On the surface, nothing. But dig deeper and you'll find they have a surprising number of similarities, despite being polar opposite investments. And each could be a great buy for 2022 and beyond. Image source: Getty Images. 1. Similar market caps As of the time of this writing, Ethereum has a market cap of $385.1 billion versus P&G's $382.1 billion market cap. But just a couple of weeks ago, Ethereum was worth over $500 billion, and it topped $575 billion at its all-time high in September 2021. For now, though, these assets are viewed by the market as having about the same values, though for completely different reasons. Ethereum's value derives from what investors hope it can grow to become while P&G's value comes from what it has built over its rich history, its reputation, and the confidence that it will continue to … [Read more...] about Ethereum and This Top Value Stock Have 3 Surprising Similarities That Could Make Them Monster Buys for 2022
“The Pirates: Goblin Flag” directed by Kim Jung-hoon (Lotte Entertainment via The Korea Herald/Asia News Network) SEOUL — “The Pirates,” which attracted an audience of more than 8.6 million eight years ago, has returned as “The Pirates: Goblin Flag” directed by Kim Jung-hoon. Although it is the sequel of the hit Korean pirate film, those who have not watched the first movie can enjoy the film without much difficulty as everything — from the director, plot to all of the cast in the film — is new. “The Pirates: Goblin Flag” revolves around a journey by pirates looking for hidden treasures of the Goryeo Kingdom. The only connection between the previous film and the new one is that they both have a female pirate character and a male bandit character, who used to be a warrior. “I was inspired by ‘Treasure Island,’ which I read as a kid,” director Kim said during a press conference held Wednesday at Lotte Cinema World Tower in Seoul. “The actors didn’t complain one bit while … [Read more...] about Can ‘The Pirates: Goblin Flag’ be better than the original?