Money Talk with Liz Weston: A sticky inheritance scenario
7 months, 2 weeks ago

Money Talk with Liz Weston: A sticky inheritance scenario

LA Times  

Achieving what you want with your estate plan may be a lot more complicated and have more repercussions than you currently imagine. Even if your daughter is amenable, you still need an estate planning attorney’s help to craft the trust that doles out the money. Plus, you’ll have to find someone to manage the trust, notes Burton Mitchell, a Los Angeles estate planning attorney. The windfall elimination provision normally applies to people who receive pensions from jobs that didn’t pay into Social Security. However, the provision doesn’t apply to people who have 30 or more years of “substantial earnings” from jobs that did pay into Social Security.

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Here’s a 2024 resolution: Stop using paper checks. Fraud is soaring
11 months, 2 weeks ago

Here’s a 2024 resolution: Stop using paper checks. Fraud is soaring

LA Times  

Check fraud tied to mail theft is up nationwide, and thieves who can access your checks can change the amount and ferret those funds right out of your bank account. People who get pensions from jobs that didn’t pay into Social Security may be subject to two provisions, the windfall elimination provision and the government pension offset. Typically, the Social …

Column: With a noxious family leave proposal, GOP pretends it’s still pro-women despite antiabortion laws
2 years, 5 months ago

Column: With a noxious family leave proposal, GOP pretends it’s still pro-women despite antiabortion laws

LA Times  

Having achieved its long-held goal of eviscerating women’s reproductive health rights, the Republican Party is now hard at work pretending that it’s about to enter a new era of pro-women and pro-family policy. — Kathleen Romig, Center on Budget and Policy Priorities, on Sen. Marco Rubio’s New Parents Act After the Dobbs ruling was leaked in May, a fellow at …

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