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Considering Studying Abroad?

50 facts and statistics about the most popular countries to study abroad https://moneytransfers.com/study-abroad-facts-and-stats/ in 2022 If you or your child is considering study abroad, this publication provides a great overview of the reasons for study abroad and a variety of statistics. Check out https://moneytransfers.com/study-abroad-facts-and-stats/ “It’s often said that your university years are some of the…

Avoid Predatory Lending

How to Avoid Predatory Lending: A Practical Guide for Financial Consumers Knowing what’s a good deal and what’s not with personal loans is challenging. Predatory lending takes advantage of this by offering tempting deals that wind up being too good to be true. So it’s essential to know what to look for to avoid becoming…

Don’t Move to Another State Just to Reduce Your Taxes

 “We know lots of friends who are considering moving from a high-tax state, such as New York, to a state with low or no state income taxes. They think they will end up with more money, although they are torn because they may also be moving away from family and friends just to escape state…

Medicare Eligibility for People with Disabilities

Many people think of Medicare as a program for people who are 65 and older. While this is true, some may not know that a younger person with a disability can also qualify for Medicare coverage. Not every disability is a qualifying one, so it’s important to understand if you meet the requirements before you…

Immediate fixed annuities: create your own pension for guaranteed lifetime income

 Immediate fixed annuities are a way to create your own pension from your 401(k) or IRA retirement funds. Immediate (not deferred) fixed (not variable) annuities are plain-vanilla products that provide a predetermined income stream that starts paying out right away.While typically sold but insurance salespeople who earn a commission, annuities are also available direct from…

Median CEO Pay Sets Fifth Straight Record

 “Median pay reached 413.4 million for chief executives of the biggest. U.S. companies in 2020, setting a fifth straight annual record in a year when businesses and their leaders battled a global pandemic” (Theo Francis & Inti Pacheco, The Wall Street Journal, 6/2/21).  Seven CEOs were awarded compensation of more than $50 million in one…

Lead and Radon Dangers in Your House

Detroit residents aren’t the only Americans who have to worry about lead in their drinking water. Lead, a toxic metal, is common in houses built before 1986.  Radon is a naturally occurring radioactive gas released from the ground and the second most common cause of lung cancer after smoking.  A variety of DIY testing kits…

10 Social Security Rules Everyone Should Know

 Check this link for 13 slides explaining Social Security. Thanks to Emily Brandon writing for US. News and World Report. https://money.usnews.com/money/retirement/social-security/slideshows/10-social-security-rules-everyone-should-know?slide=1 Source: Financial Planning for Women

9 Critical tax tips for Self-employed

Laura Saunders write the Tax Report for The Wall Street Journal and shares these 9 tips for freelance, gig, online sellers, consultants, independent contractors and other workers who don’t have an employer.1. Track your income. Even if you are paid by someone else, they may not send you the appropriate 1099 forms. It’s your responsibility…