Chef and musician Cari Golden talks about founding Lov Kitchen that serves weekly hot meals to the unhoused population of Skid Row in Los Angeles.
How to Avoid Online Money Scams with Catfish Creator Nev Schulman
Catfish host Nev Schulman shares tips for protecting yourself against online scams.
An impartial review of the Allianz Index Advantage Income Variable Annuity
The annuity business has grown in popularity as investors, especially those nearing retirement, look for options that protect them from stock market volatility and provide a decent income stream in retirement. With over $200 billion in annual sales, the annuity industry is big business with lots of salespeople trying to persuade you to make a purchase.
Today, I will dig deep into the Allianz Index Advantage Income Annuity, one of the insurance industry's newest innovations. Registered index-linked annuities, RILAs also known as buffer annuities, appeal to investors who are risk averse but also need growth because they offer some downside protection in exchange for a cap on a stock index's upside performance. If it sounds attractive, you're not alone. Sales of RILAs rose 38% to $4.9 billion in the first quarter of 2020.
IRS Raises 2022 401(k) Contribution Limit to $20,500
The IRS announced that employees will be able to contribute an extra $1,000 to their 401(k) accounts in 2022. The change reflects higher cost-of-living adjustments to retirement accounts but does not affect IRA accounts.
Inflation means you probably should contribute more to your workplace retirement account in 2022.