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Useful Reference & Planning Guides: 2018 Taxes, Long term care, Social Security, & Medicare

Manning & Napier produced four 2-page guides to the latest developments in federal income taxes,  long term care, Social Security, & medicare that are succinct and easy to understand. Check out:  Tax Reference Guide Our new tax guide has everything you need to know about tax reform, and changes to contribution limits and tax rates.…

Trump Administration cuts aid to students defrauded by for-profit colleges

Trump’s Education Secretary Betsy DeVos is changing regulations on student protections with regard to for-profit schools. Now students defrauded by for-profit collegeswill receive only partial loan forgiveness according to The Associated Press. Trump is rescinding the Obama administration’s practice of forgiving the debts of students deceived by the now-defunct Corinthian Colleges.  “Critics accuse the department…

Who will care for aging Americans if the flow of immigrants is curtailed?

Immigrants play a big and growing part of providing care for America’s elderly parents and grandparents   Gerald F. Seib explains the critical role of immigrants in caring for America’s elderly in The Wall Street Journal (Jan. 28, 2018): How a Heated Immigration Debate Might Affect Grandma’s Care  “America is getting older. Some 10,000 baby…

Financial Benefits of Delaying Retirement

Alessandra Malito explains in MarketWatch:“Delaying retirement for just three to six months does to the standard of living after retiring what an entire percentage point of 30 years of earnings would do, according to researchers at Stanford University, George Mason University, Cornerstone Research and Financial Engines. “Working longer is relatively powerful compared with saving more…