Mark Zuckerberg Announces Meta’s First-Ever Dividend, but IRS Eyes Millions in Taxes

Mark Zuckerberg Announces Meta’s First-Ever Dividend, but IRS Eyes Millions in Taxes

Meta CEO Mark Zuckerberg Set to Earn $700 Million in Dividends Meta CEO Mark Zuckerberg Set to Earn $700 Million in Dividends Mark Zuckerberg, CEO of Meta Platforms Inc., delighted Meta shareholders and Wall Street this week with the announcement of the company’s first-ever dividend. This news comes as Meta’s stock dividends prove to be … Read more

Navigating 401(k) Hardship Distributions: Rules, Options, and Considerations

Navigating 401(k) Hardship Distributions: Rules, Options, and Considerations

In your article “I want to access my 401(k) sooner. Is a loan the only way? you wrote that hardship distributions were “…available only if the participant has an “immediate and significant financial need” and that the distribution cannot exceed the amount “necessary to satisfy the financial need.” Cher Kent, There is some definition of … Read more

Retired Union Construction Worker Seeking Financial Security – Do We Have Enough Income for a Comfortable Retirement?

Retired Union Construction Worker Seeking Financial Security – Do We Have Enough Income for a Comfortable Retirement?

I am a 59 year old retired union construction worker with a full pension of $80,000 per year with no COLA. I also receive Social Security Disability benefits for $3,400 per month. My wife, age 59, is an executive assistant to the director of operations at a large hospital and her income is $68,000. My … Read more

My husband says we will be “homeless” if we continue renting. We are 68 and 74 years old: should we buy a house instead? – CNET

My husband says we will be “homeless” if we continue renting.  We are 68 and 74 years old: should we buy a house instead?  – CNET

My husband is 68 years old and I am 74 years old. He earns $250,000 a year. We rent a townhouse in a very upscale suburb in the Houston area, but our last rent increase was $300 a month! My husband wants to find a house for no more than $300,000 because he doesn’t want … Read more