Resource guide for grandparents and their families
By Kayla Harris
If retirement is on the horizon for you, you may be doubling down on your efforts to prepare your finances. But financial literacy can be confusing for adults of any age, or education level. You should consider checking in with a financial advisor, but you should also keep the following steps in mind to make managing finances in retirement a little easier.
By Alexis Lyn Hailpern, Attorney at Law
According to the Social Security Administration (“SSA”) Office of Retirement and Disability Policy, 67 million people received benefits from the Social Security Administration in 2017. 87.7% of the $996.6 billion dollars used to fund social security were sourced from 2017 payroll taxes.[1]
The money withheld from current paychecks pays for current social security recipients. Although employees and employers overwhelmingly fund social security for the elderly and disabled, the Federal government still controls the laws and disbursements of such funds including the use of social security levies in the case of back taxes.
Publisher’s note: The interview below was originally published in A New Outlook Magazine, October 2016. I was privileged and honored to have spent time with Mayor Hogan, who recently passed away from cancer. Mayor Hogan was extremely generous with his time. He was Aurora’s champion. Mayor Hogan passed away May 13, 2018. My condolences to his family and the city of Aurora.
Interview with Mayor Steve Hogan
I was pleasantly surprised that the mayor came to greet me in the waiting area. I expected his assistant to retrieve me and bring me to the mayor’s office. However, Aurora’s mayor, which has 375,000 people, which used to be considered a suburb of Denver, is very hands on. During our 30 plus minute interview, he didn’t strike me as someone who depends on others to get the job done. [Read more…]
Listen to David Japha, ESQ, from Levin, Jacobson, Japha PC talks about lawyers being technicians and why they are resolution experts.
3D Law, tune in every Sunday at 9:30am right here on 630 KHOW where Mike Rice talks to the team behind Levin, Jacobson, Japha PC to make law accessible and take the mystery and fear out of talking to lawyers.
Check in every week to gain insight into the laws affecting you right here in Colorado.
If there is a question you have send to 3DLawDenver@gmail.com or call David Japha and the team directly at 303-504-4242.
Read more: http://khow.iheart.com/articles/sunday-shows-119780/3d-law-12310393/#ixzz4gpJnXQh2
Intel to Acquire Mobileye
Combining Technology and Talent to Accelerate the Future of Autonomous Driving
NEWS HIGHLIGHTS
Brings together Mobileye’s leading computer vision expertise with Intel’s high-performance computing and connectivity expertise to create automated driving solutions from cloud to car.
Positions Intel to accelerate innovation for automakers and to capture fast-growing market opportunity, estimated to be up to $70 billion by 2030.
Acquisition expected to be accretive to Intel’s non-GAAP EPS and free cash flow immediately. [Read more…]
When creating the family’s budget, it is easy to look at individual categories and determine that they are too expensive or that there are cheaper alternatives elsewhere. If the cell phone bill is $200 a month, a basic online search could reveal that another provider offers the same service for half the price. In this respect, budgeting is often a very apples-to-apples comparison that promises easy decisions.
Dear Don:
I’m starting a new business and don’t have a lot of money right now. It’s just me, so I don’t need to protect anyone else, but I do want to protect my home and my family. What can I do safely by myself while I’m getting the business off the ground?
Start-up.
Every year, thousands of people lose money to telephone scams — from a few dollars to their life savings. Scammers will say anything to cheat people out of money. Some seem very friendly — calling you by your first name, making small talk, and asking about your family. They may claim to work for a company you trust, or they may send mail or place ads to convince you to call them. If you get a call from someone you don’t know who is trying to sell you something you hadn’t planned to buy, say “No thanks.” And, if they pressure you about giving up personal information — like your credit card or Social Security number — it’s likely a scam. Hang up and report it to the Federal Trade Commission at ftc.gov/complaint.
Fearful of regulations and expensive penalties, banking is backing away from traditional mortgages.
According to Inside Mortgage Finance, banks loaned less than half of all mortgage dollars in the third quarter of 2016. This is the first time in 30 years that banks and credit unions have not taken the lead in mortgage lending.
Traditional banks have shied away from making mortgages insured by the Federal Housing Administration. This follows a series of costly lawsuits brought by the federal government surrounding these loans in the last few years, according to The Wall Street Journal.
Non-bank lenders, such as Quicken Loans, have stepped into the market snapping up borrowers with less than pristine credit.
Meanwhile, banks have concentrated on jumbo loans (those more than $417,000 in most parts of the country) because they are considered less risky both financially and legally, according to The Wall Street Journal.
We take so much on face value.
That guy whose house you are buying, for example. We assume if he is selling the house, then he owns it. He does own it. Right? [Read more…]
