DIRS.INFO The most relevant business & tech news

☆ Here's how to know if your college kid actually needs 'dorm insurance'
▼ + stars: | 2024-09-10 | by ( Ana Teresa Solá | ) www.cnbc.com time to read: +1 min

Terry Vine | Getty ImagesHow dorm insurance compares to other optionsColleges and universities will often partner with different insurers to offer dorm insurance, Worters said. If parents decide to take on a dorm insurance policy, it would be billed separately from the room and board, said Worters. watch nowWhether you sign up for dorm insurance or not, your child's dorm possessions will likely be covered under your home insurance plan, according to experts. But keep in mind that dorm-specific insurance policies tend to have lower deductibles than home insurance policies, Worters said. The home insurance policy will often stretch over, so long as the kid lives in a dorm, she said.

Persons: Terry Vine, Worters, McClanahan Organizations: CNBC, Council, National Association of Insurance

☆ IRS delays change for 401(k) catch-up contributions. Here's what higher earners need to know
▼ + stars: | 2023-08-28 | by ( Kate Dore | Cfp | ) www.cnbc.com time to read: +3 min

Terry Vine | Getty ImagesHigher earners who maximize retirement savings now have more time for pretax catch-up 401(k) contributions, thanks to new IRS guidance. Currently, "catch-up contributions" allow savers 50 and older to funnel an extra $7,500 into 401(k) plans and other retirement plans beyond the $22,500 employee deferral limit for 2023. But the IRS on Friday announced a two-year delay for the change, meaning savers can still make pretax catch-up contributions through 2025, regardless of income. "The administrative transition period will help taxpayers transition smoothly to the new Roth catch-up requirement," the IRS said in a statement. Some 16% of eligible employees took advantage of catch-up contributions in 2022, according to a recent Vanguard report based on roughly 1,700 retirement plans.

Persons: Terry Vine, Roth, Dan Galli, Daniel J, Galli, Diann Howland Organizations: IRS, Galli & Associates, Associates, American, Council Locations: , Massachusetts

☆ The 10 hottest cities for people who want a new hometown
▼ + stars: | 2023-08-01 | by ( Beatrice Nolan | ) www.businessinsider.com time to read: +2 min

More affordable cities such as Las Vegas topped Redfin's list for the first time ever. Major cities including San Francisco, New York, and Los Angeles saw the biggest outflow while Las Vegas topped Redfin's list for the first time ever. Like Las Vegas, both cities are relatively affordable in comparison to Los Angeles or San Francisco. The average Las Vegas home costs less than half as much as buying one in the major California cities, according to Redfin. Many of the popular cities boasted warm climates and low house prices — five of the 10 most popular destinations on Redfin's list were in Florida.

Persons: Redfin, keener, Terry Vine, Gregg Newton Organizations: Vegas, Service, Bank of America, Red Museum, Getty, Orlando , Florida Walt Disney Locations: San Francisco , New York, Los Angeles, Wall, Silicon, Vegas, Phoenix, Tampa, Las Vegas, San Francisco, California, Florida, Houston , Texas, Houston, Miami , Florida Miami , Florida, Dallas , Texas, Coral , Florida, Cape Coral , Florida, North Port, Sarasota , Florida, Sacramento , California, Orlando , Florida, AFP, Tampa , Florida Tampa , Florida, Phoenix , Arizona, Las Vegas , Nevada

☆ Cognitive decline, dementia common after stroke
▼ + stars: | 2023-05-01 | by ( Sandee Lamotte | ) edition.cnn.com time to read: +6 min

About 40% of the survivors of stroke have mild cognitive impairment that does not meet the diagnostic criteria for dementia. Cognitive impairment is most common within the first two weeks after a stroke, the statement said. The American Stroke Association’s statement did offer some good news: About 20% of people who experience mild cognitive impairment after a stroke fully recover their cognitive function, typically within the first six months. Stroke risk factors, such as hypertension, high cholesterol and type 2 diabetes, should be treated, as should atrial fibrillation. “Perhaps the most pressing need, however, is the development of effective and culturally relevant treatments for post-stroke cognitive impairment,” she said.

☆ If you're planning on tax-loss harvesting, here's the first number advisors say you should know
▼ + stars: | 2022-10-25 | by ( Kate Dore | Cfp | ) www.cnbc.com time to read: +2 min

Here's why: There's a lesser-known 0% long-term capital gains tax bracket, meaning it's possible you won't owe taxes on all or part of your investment gains even without loss harvesting. watch nowBut harvesting losses in the 0% bracket won't pay off since investment gains aren't taxable. Typically, it's better to save the strategy for when earnings exceed the 0% taxable income threshold. "When we're doing tax loss harvesting, you're not doing away with taxes," Pratt explained. There may be limits to carrying investment losses forward

Search resuls for: "Terry Vine"

5 mentions found