Humana and CVS, two of the largest Medicare Advantage insurers in the country, are poised to seriously downgrade their plan benefits and geographic presence next year as they chase profits in the privately run Medicare program. As a result, hundreds of thousands of Medicare Advantage seniors — and the billions in revenue they represent — […]
Tag: Downsizing
I’m Selling My House and Netting $480k. Can I Avoid Taxes While Downsizing for Retirement?
In most cases, when selling your primary residence you can exclude $500,000 of the gain if you file as a married couple. If that’s your situation, and you meet conditions to have the gain qualify as a long-term capital gain, you likely won’t owe any tax. If you file singly while still meeting long-term capital […]
Russia’s Vladimir Putin claims the Biden administration is ‘killing’ the USD by using it as a weapon — says ‘blow was dealt’ to America and even its allies are now ‘downsizing’ the dollar
Russia’s Vladimir Putin claims the Biden administration is ‘killing’ the USD by using it as a weapon — says ‘blow was dealt’ to America and even its allies are now ‘downsizing’ the dollar Russia’s president Vladimir Putin has once again taken aim at the U.S. dollar — accusing President Joe Biden’s administration of “killing [it] […]
Truist keeps downsizing with deal to sell asset-management business
Truist is selling Sterling Capital Management, which had $76 billion of assets under management at the end of December. The buyer, Guardian Capital Group, said that Sterling Capital will operate as a standalone entity and continue to be led by its current management team. Credit: Scott McIntyre/Bloomberg Truist Financial intends to sell an asset-management subsidiary, […]
I’m Downsizing For Retirement And Selling My Primary Home For $1 Million — Will I Owe Capital Gains Taxes?
When selling a primary residence, homeowners often ponder the implications of capital gains tax on their profits. If a homeowner sells their property and realizes a profit of $1 million, they may face a significant tax bill. The amount of tax owed can range from tens of thousands to a hundred thousand or more, depending […]