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Mike Wells: Recent major changes in retirement account laws that affect you | Business News

Retirement planning for years has included tax-deferred plans that allow a person to put money into a plan and avoid paying the income-tax rate to which the money would otherwise be subject in the year earned (35%, for example). Your personal plan contribution would be deducted from your income subject to tax in the amount …

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Cavaliers guard Matthew Dellavedova denies retirement rumors

The 30-year-old is still dealing with the effects of a concussion suffered during the preseason. CLEVELAND — Despite reports to the contrary, a Cavaliers fan favorite says he isn’t going anywhere. Guard Matthew Dellavedova took to Twitter Friday to deny rumors of his possible retirement from basketball. The 30-year-old has been dealing with the effects …

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26% more LI educators filed for retirement in 2020, data shows

Retirement applications from Long Island public school teachers, principals and other educators spiked last year, data shows, reflecting the COVID-19 pandemic’s impact on education and possibly worsening a teacher shortage. More than 2,000 educators in Nassau and Suffolk counties filed for retirement in 2020, a 26% increase over 2019, when some 1,600 put in their …

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The most exclusive retirement community is the U.S. Senate – Pasadena Star News

Much was made about how old Joe Biden was when he ran for president, especially by the 74-year-old former president, who called him Sleepy Joe. Biden was a senator for 36 years and then spent eight years as President Obama’s vice president. He got into the 2020 presidential race after he was shocked to see …

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How to right your retirement savings after coronavirus setbacks

This article provides information and education for investors. NerdWallet does not offer advisory or brokerage services, nor does it recommend or advise investors to buy or sell particular stocks or securities. The COVID-19 pandemic and shutdown upended our lives on multiple fronts. While enduring widespread unemployment and the economic downturn, many Americans leaned on their …

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Paige VanZant considered retirement after losing debut fight

Paige VanZant briefly considered retiring from combat sports following her loss at “Bare Knuckle FC: KnuckleMania.” Upon reflection, though, she thought better of it. VanZant’s post-UFC career began on Friday with her transition to the bare knuckle boxing world for a showdown with Britain Hart in the main event at Bert’s Barracuda Harley-Davidson in Clearwater, …

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New Orleans Saints quarterback Drew Brees is one step closer to retirement

It hasn’t exactly been a secret, but what seemed likely when the season started moved a step closer to reality Friday night. Reports out of New Orleans indicate that Drew Brees has restructured his contract to provide the Saints with some cap relief “if” he retires. Per league source the #Saints have renegotiated Drew Brees’ …

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