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Distributions from retirement accounts taxed over 3 year spread
Among the many provisions provided by the CARES Act is the Coronavirus-Related Distribution for individuals affected by COVID-19.
Read MoreHigher limits of loans form retirement accounts
A CARES ACT measure alters the rules for employee benefits, affecting retirement savings.
Read MoreBursting the Bubble: Why Sports Aren’t Coming Back Soon
The NBA, NFL and MLB are dreaming up ways to play amid a pandemic, with talk of isolating players in Arizona or Las Vegas or maybe on the moon. It all sounds great, until you talk to people who actually know science. The proposals multiply almost as fast as the coronavirus: The NHL can play…
Read MoreYankees, Dodgers MLB’s Most Valuable Franchises as Teams Gain Value Despite Hiatus
The Yankees, Dodgers and Red Sox are the most valuable clubs in MLB, according to Forbes’ annual valuations of the sport’s franchises. New York is currently valued at $5 billion, while the Dodgers and Red Sox are valued at $3.4 and $3.4 billion, respectively. The Cubs and Giants round out the top five at $3.2 billion…
Read MoreMoney Saving Strategies For Professional Athletes
An unpredictable income, short career span, and danger of premature retirement due to injury all play into the importance of implementing smart money
Read MoreThe tax kids pay is impacted by the SECURE Act
On Dec. 20, President Trump signed the SECURE Act. The new law is mainly intended to expand opportunities for individuals to increase their retirement savings. This had an impact not only retirees, but on a wide range of taxpayers. One of the big ones is an easing of the dreaded Kiddie Tax rules that can…
Read MoreManchester City banned from Champions League for two seasons
Manchester City have been banned from the Champions League for the next two seasons by Uefa and fined €30m (£25m)
Read MoreHow this wealth manager for superstar athletes helps NBA and NFL players protect their money
To achieve greatness, athletes need to have discipline and an excellent work ethos, but without a crackerjack coach providing direction and encouragement and executing winning plays, even the greatest players can flounder. The all-time great master motivators, like Bill Belichick, Tom Landry, Don Shula and Joe Gibbs, exhibit knowledge and dedication — and are vital…
Read MoreSuper Bowl TV audience rises slightly to 99.9 million viewers
Sunday’s Super Bowl broadcast on Fox attracted an average TV audience of 99.9 million people, a 1.7% increase from last year’s U.S.
Read MoreBrooklyn Nets star Dinwiddie looks for slam dunk in ‘investment token’
The Brooklyn Nets’ Spencer Dinwiddie is the team’s second-leading scorer, but the 6-foot, 5-inch guard appears to be the first player to become pro basketball’s version of an IPO. Starting today Dinwiddie is launching a “tokenized investment vehicle” via his three-year, $34.36 million contract extension with the Nets. Dinwiddie is looking for investors to put in a minimum…
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