Retirement

University of California's Pension Scandal?

Jack Dolan of the Los Angeles Times reports, UC is handing out generous pensions, and students are paying the price with higher tuition:As parents and students start writing checks for the first in-state tuition hike in seven years at the , they hope the extra money will buy a better education.But ...

Why rising rates don’t have to be alarming for income investors

Bonds serve a crucial role in helping investors reach their investment goals. They generate income, provide a measure of principal protection and can mitigate volatility. While bonds can help stabilize a portfolio, they are not without risks. Bond investors may worry about rising rates weighing on ...

How life insurance can shave your capital gains tax

Q: My husband and I bought life insurance in 2008. At that time, I was 44 and a non-smoker, and he was 46 but a former smoker. Each of us is insured for $250,000. The monthly premiums have been a total of $142.50 since we took out the policy—$58.90 for me, and $83.60 for him. In 2018, when my hu ...

Are Fully-Funded US Pensions Worth It?

John J. McTighe, Jim Baross and David A. Hall wrote an op-ed for The San Diego Union-Tribune, Why full funding of pensions is a waste of money:Stark headlines have appeared over the past few years proclaiming that public pension plans in California are woefully underfunded and that basic services l ...

Boeing's Huge Pension Gaffe?

Katherine Chiglinsky, Julie Johnsson, and Brandon Kochkodin of Bloomberg report, Down $20 Billion, Boeing Stuffs Pension Fund With Its Own Shares:Like so many companies in America, Boeing Co. has largely neglected the gaping deficit in its employee pension as it doled out lavish rewards to sharehol ...

What happens to a RRSP, LIRA, RRIF when you die

DEK: Brian is concerned about the tax bill on his registered accounts on his death and wonders about the difference between RRSPs, RRIFs and LIRAs. Q: Is the tax rate on a LIRA the same as the RRIF if I die and the beneficiaries are my children? —Brian A: First, Brian, I want to clarify the di ...

HOOPP's New CLO Risk Retention Vehicle?

Kirk Falconer of PE Hub reports, HOOPP partners with CIFC in new risk retention vehicle:Healthcare of Ontario Pension Plan (HOOPP) has formed a strategic partnership with CIFC LLC, a U.S. private debt manager specializing in U.S. corporate and structured credit strategies. HOOPP has committed a “ ...

How to create the best retirement portfolio through diversification

Realistic expectations and an eye toward diversification will help you develop the best retirement portfolio, and give you built-in security. Diversification should be the focus of investors looking to build the best retirement portfolio. Tempering expectations on the size of your return is another ...

Proposed Corporate Tax Changes And Your Retirement Plan – Part I

By now you have heard about the proposed tax changes that will affect Canadian business owners. You likely have an idea that these changes will affect your retirement. In this blog post I am going to quantify that effect. %> ...

US Pension Storms From Nowhere?

Over the weekend, John Mauldin wrote a comment, Pension Storm Warning (added emphasis is mine):This time is different are the four most dangerous words any economist or money manager can utter. We learn new things and invent new technologies. Players come and go. But in the big picture, this time i ...