How to spend your retirement savings without triggering a tax penalty
It’s not just saving for retirement you need to worry about, but drawing down your money at the right time, too. The IRS requires savers to make withdrawals from their retirement accounts starting at age 70½. “They’ve allowed you to defer taxes, but they need to come collecting at some point,” said Arielle O’Shea, a […]
California’s housing market is in crisis. Will Apple’s $2.5 billion help?
Over the past year, Apple has faced criticism over its apparent refusal to take a stand against the Bay Area’s crippling housing crisis. But all the while, the iPhone maker held a closely-guarded secret: Behind closed doors, Apple was, in fact, talking about housing — first internally and then with the governor’s office and local […]
3 reasons Americans are falling out of love with paper
When Ed Crowley was buying his Kentucky home in 2003, there were plenty of hard-copy documents he had to fill out during the process, culminating in a closing with piles of papers to sign. But when Crowley purchased a new house in 2016, he didn’t touch a single piece of paper until the closing. Until […]
Here are the two funds you need — before and after retirement
Target-date funds (TDFs) can be fantastic retirement savings tools. Many are well-diversified, cost-effective, and automatically reduce risk for investors as they approach retirement. There’s a problem though. Most hold bonds in their early years when young investors are protected from portfolio balance declines by relatively large contributions to accounts with relatively small balances. They also […]
Behringer unveils a Roland TB-303 clone
The TD-3 is all about that acid bass. Like many other synths and drum machines, the Roland TB-303 was a commercial flop, but years later became a staple of electronic music. An authentic 303 will run you over $2,000 these days, but Behringer will soon offer a fully analog clone of the unit at a […]
Volkswagen begins pre-production of its ID.3 EV in China
Its new factory in Anti, Shanghai, will produce 300,000 EVs annually. Just days after Volkswagen showed off the first all-electric ID.3 produced at its Zwickau plant in Germany, the company announced that it has entered pre-production in China, too. Like the Zwickau factory, the new plant in Anti, Shanghai, will produce all-electric vehicles on Volkswagen’s […]
Apple will fix macOS flaw exposing portions of encrypted emails
It only happens under specific circumstances, but it’s still concerning. Apple is touting its claimed privacy advantage more than ever, but that’s not entirely true for Mac users at the moment. The company tells Engadget it will fix a macOS flaw that leaves portions of encrypted Mail messages unprotected. Bob Gentler has discovered that a […]
Netflix is dropping support for older Samsung smart TVs in December
Older Vizio smart TVs and first generation Rokus will lose support, too. If you have an older Samsung or Vizio smart TV, you may have noticed a message from Netflix pop up on your screen. This week, Netflix began notifying customers that it will no longer support Samsung smart TVs, circa 2010 and 2011, or […]
Gap Inc. (The) (GPS) Dips 7.64%
Among the S&P 500’s biggest fallers on Friday November 08 was Gap Inc. (The) (GPS). The stock experienced a 7.64% decline to $16.68 with 26.36 million shares changing hands. Gap Inc. (The) started at an opening price of 17.34 and hit a high of $17.72 and a low of $16.52. Ultimately, the stock took a […]
AbbVie Inc. (ABBV) Rises 3.9%
Among the biggest risers on the S&P 500 on Friday November 08 was AbbVie Inc. ($ABBV), popping some 3.9% to a price of $85.21 a share with some 11.34 million shares trading hands. Starting the day trading at $82.10, AbbVie Inc. reached an intraday high of $85.46 and hit intraday lows of $82.09. Shares gained […]