So how does your advisor broker survive on $0 commissions?

Happy Holiday

So how does your advisor broker survive on $0 commissions?

There is no FREE lunch especially in financial services. Schwab paid its chief executive, Walt Bettinger, an 8.9% compensation hike in 2018 to $15.6 million (down from 2016 of  $19.54 million), about 150 times the firm’s median employee pay of $104,281. Charles gave himself $6.05 million, up 9.6% from 2017. Like others, Schwab had a profit margin of 45%. So how do we give them so much money if not in commissions? Firms execute others’ trades: Selling order flow. Firms earn interest on your cash. Earn from loans: margin trading and options trading. Earn from money management accounts: quarterly fee for ‘holding’ your money. Securities lending: covers shorts. Remember, most firms have such huge economies of scale that trading millions of shares a day at only 10 cents each is worth $ millions for senior management. Some firms are market makers and so have a virtual monopoly on certain markets. For instance, two former Deutsche Bank traders were found guilty of trying to rig a key lending benchmark (LIBOR) that was considered one of the most important barometers of the world’s financial health. Some brokerage firms are also capital creators selling IPOs: the stocks of new companies for big fees. There is no need to pay for advisors. Amateur traders usually lose money. Most smaller active stock managers may become history since beating an index is too hard.

Avoid making Wall Street richer: https://www.amazon.com/Pimps-Wall-Street-money-middlemen/dp/151525254X

Congress just gave insurers and salespeople a big bonus

They passed the SECURE Act, "The SECURE Act will make it easier for employers to offer as part of their retirement plans annuities that provide a guaranteed stream of lifetime income," says an insurance lobbyist. Employers and their retirement plan person can entice us into high-cost plans that lock up our retirement dollars into an insurer’s vaults. Using industry trick-phrases like “guaranteed income you can’t outlive” and misleading charts with best possible outcomes, employers can wash their hands of any future responsibility for the inevitable low payouts down the line. For instance, when we chose an annuity of $1000 a month in 2020, we will have no recourse when it buys only $500 a month benefits later on. Currently, a retiree can shop and buy the best annuity deal out there with their money. Under SECURE, employers will be able to escape any future lawsuit when an annuity ‘guarantee’ goes wrong. We are NOT secure with SECURE.

Learn the annuity facts: https://www.amazon.com/Annuity-Decision-Tree-questions-answers/dp/1546454497

How much IRA money should you convert to Roth IRA?

If you have a good idea how much income and thus tax you will pay for 2019, you can calculate how much IRA money to convert. If you file jointly, your $100,000 earned income puts you in the 22% bracket. With the standard deduction of $24,400, you can estimate the amount of IRA income to be taxed on for the year. You can convert to a Roth IRA as much as you can afford since the $7,000 limit on contributions does not apply. Example: $100,000 - $24,400 = $75,600. With $5,000 added income (SS, pension, interest, dividends, gains, etc) you can convert up to $88,000 without hitting the 24% bracket. Of course you will owe an extra $19,360 tax on top of the $17,600 AGI income tax. Pace it out over time. Use the FREE efile software to calculate: https://www.irs.gov/filing/free-file-do-your-federal-taxes-for-free: now open: https://www.freetaxusa.com/ .

Pay no tax in retirement: https://www.amazon.com/Pay-No-Taxes-Retirement-legally/dp/1507527977

How much will you be required to withdrawal from your IRA 2020?

IRS expects those over 70 ½ years old with a traditional IRA to take a certain amount out and pay tax on the taxable amount. Your IRA trustee or custodian reports your year end IRA account balances to the IRS and if you allow, calculates your RMD for the year. IRS tables tell us the divisor based on your assumed longevity. RMD is the ‘minimum’ you need to acknowledge and pay tax on. You can take more and pay more tax now. The IRS leaves it up to you to report how much of the RMD is taxable each year. Some people added already taxed money to their IRA (before the Roth IRA) so no need to be taxed again. You can adjust that RMD by removing money from your IRA and paying more tax before year-end. You might do that if you have no income other than SS benefits or you had to meet an emergency. Reducing the IRA balance by year-end will lower the RMD for the rest of your life. Thus if you have a $100,000 in your IRA your RMD is $3,773.58 because you are expected to live 26.5 years more when you are 71. If you took out $20,000 the year before the calculation, your RMD would be $3,018.87 the following year.

Know your options: https://www.amazon.com/What-your-RMD-much-spend/dp/1718946716

How to fight health care overcharges by your providers

Recently I got a bill from my colonoscopy provider. I thought all screening procedures are FREE since my expensive health care plan is usually excellent. My employer told me on my W-2 box 12a that my shared cost was $26,920.68. I did some research and printed out the FREE screening protocols for ACA ObamaCare compliant health plans. The ACA Preventive health initiative by Obama is meant to reduce long-term costs by catching problems early. I assumed my provider knew this when I confirmed that all the costs of my procedure would be covered. So I sent a copy of the ACA regs to the provider’s billing address with a note that I was covered. They just sent more bills and emails for months. The doctor’s office ignored me. Like in the movie Rainmaker, we pay premiums and the insurer-doctor complex assumes we will give up fighting. Since I knew they were wrong, I wrote a letter to the CEO of my insurance company asking him to pay the bill and set the provider’s billing clerk straight. They called the provider group HD and told me I would not get another bill. Most people would just give up and be sued and perhaps be thrown into bankruptcy. It happens a lot since we have no power against the insurer-doctor complex.

Know what you are buying: https://www.amazon.com/Health-Insurance-ONLY-right-policy/dp/1480125083

Vanguard cut fees AGAIN

Vanguard has cut some fees 20% for funds and ETFs. Why is that important? Over time you will earn and KEEP substantially more of your hard-earned money. If you are investing for the long term, you could give up $143,000 on $10,000 deposit with that 20% extra fee. Compounding the extra fees works for your advisor just as well as it can work for you. This fact never comes to mind for most of us because our employer’s HR person never tells us exactly and completely what our 401k or 403b investments cost. Some of them don’t know. Most of us have no idea which options are best for us when we start our plan. Some employers don’t even look at fees when giving the plan advisor the annual check up. Even if they know what the fees are, they don’t care because WE are ones paying them. It comes out of our earnings even before our earnings are credited to our accounts. We don’t see them. Our employer has the fiduciary responsibility for choosing the best options for US not the advisor. However, most employers don’t take their duty seriously and this has led to many lawsuits. Over time, this can cost you over $100,00 in lost earnings on your invested money.

Check your options: https://www.amazon.com/Robbing-You-Blind-401k-fees/dp/1493588966

**********ACCOUNTABILITY**************

Like 1776, this period is a test of democracy—do we really want ‘low-IQ’ Mobster?

GOP losing members and identity

GOP already drank the Kool-aid: no evidence necessary:

Mob boss never has live witnesses!

Letter by 700 impeachment experts

Trump’s desperate ‘jailhouse’ letter

Trump personal attacks on dead Congress member’s family: “look up” from hell

How Govt wastes our money: Congress spends another 1.7 Trillion we don’t have! 

35% charter schools funded by federal Charter School Program never opened or shut.

$ Trillions: Afghan army incompetent, poorly trained, corrupt, riddled with infiltrators.

Trump fights for his useless WALL instead of lower drug prices from drug companies

Can Congress do something worthwhile? 54.6 billion spam phone calls placed.

Why can’t Trump negotiate lower drug prices or buy from foreign countries?

Trump will reduce SS benefits for the disabled: cuts to pay for tax break for wealthy

Medical fraud is easy: scammers have taken gov (us) for $ millions.

SCAMS/SPINS:

McConnell GOP bending down to Giuliani’s ass for impeachment: Judge Roy Bean

Supremes help Trump hide his Russia money-laundering till 2020 and beyond.

Truth is the greatest victim of this fight to the death for GOP view of ‘democracy’

Putin has Trump’s back: Russian dictator echoes GOP “made up reasons” Ukraine did it

GOP compares Trump to Jesus: Trump treated worse, GA rep says. Lincoln shot.

Voting machine makers can’t account for security of our voting tabulations

WI removes 234,000 DEM voters from rolls to assure WI goes to Trump again.

GA takes aim at eliminating 309,000 DEM voters: voter suppression for 2020

KY went Dem and removed Medicaid work restrictions placed by GOP recently

Jeffrey Friedland promoted weed investment w/o disclosing he got paid fined $4.2million

Windhaven Insurance FL insolvent taken over by the state for lack of surplus funds

Mormon Church caught using the tax-exempt donations to prop up a pair of businesses.

MetLife caught cheating annuity beneficiaries out of $ millions: Fine, no jail time.

Robinhood broker order flow failed to guarantee receive best prices: cheap but not best

Samuel Lek caught manipulative trading for foreign traders using master-sub account

Ryan Skinner caught using scheme to have seniors liquidate securities to buy annuities

BEWARE: Advisor sells annuity promising LTC benefits: pay extra 1% for no coverage.

QBI ends in 2025: Roth may be better tax-advantage later than 20% cut now

Harvey Weinstein accused sex criminal has his insurance pay 30 victims $47 million 

Hype of 5G: different types may not match your phone, coverage areas, speeds-too early.

Antidepressant use by children jumps more than 20 percent after a school shooting

Who owns your account?

Don’t take your phone to do your crime: Govt will find you using Google data.

Govt will take your legacy if your heirs don’t withdraw and pay taxes in 10 years.

Fiat Chrysler and Peugeot merge: Fiat family run with French twist

Jobs

Retirement isn’t for everyone: some people just have to work—it’s their joy.

Employers tricked by health insurance brokers so we pay more

Miracle:

Oceans getting more acidic: CA waters double the global rate. Australia hits 105.6.

Impeachment rallies: #NotAboveTheLaw rallies

Pope finally turning over criminal child abuser files to the police only IF requested.

IAN

41 Watchung Plaza, B242

Montclair, NJ   07042

973.746.2014

www.InsuranceAdvisorsNetwork.com

Alerts available at http://dankeppel.blogspot.com/

Compound interest provides $1 million

Can compound interest provide a $1 million retirement?

Are you saving and investing at least $250 a month in your retirement at work (401k, 403b) or IRA on your own? Are you putting most of the money in low-cost stock mutual funds? The other variable is time. Compound interest works when you have time on your side. It takes about 33 years ($250 a month, $3,000 a year) with total contributions of only $99,000 to reach $1,000,000. Even if you begin after age 30, you can still have much more than almost all your neighbors. According to Warren Buffett, “My wealth has come from a combination of living in America, some lucky genes, and compound interest.” Mr Buffett recommends we use low-cost funds like those at Vanguard. He confirms that compounding works over time if we do not try to time the market or trade the ‘hot’ securities. Look at any 33 year period of stock earnings. You earn 10-12%: http://www.moneychimp.com/features/market_cagr.htm. Go with Buffett’s ‘Secret’.

Forget brokers/advisors: https://www.amazon.com/Warren-Buffetts-Investment-Secret-Steeple/dp/148418980

What about ETF up 35% this year?

What are the gurus and TV marketing people so happy about? Your plain low-cost broad market index that Buffett recommends is flat for 2018. So what can financial people talk about? How about gold (JDST): Return year-to-date: 48.79%; One-month return: 28.66%. But after you look further, the three-year return is -77.62%. Natural gas? (UGAZ): Return year-to-date: 51.62%; One-month return: 22.37%. But three-year return: -51.43%. How about muni bonds (EVLMC)?: Return year-to-date: 100.76%; One-month return: 0.11%. No track record for a three-year return: N/A. So what about Treasuries (DLBS)?: Return year-to-date: 37.96%; One-month return: -0.74%. Not much better than your bank savings account in three-year return: 0.24%. 500 Index (VFIAX)?: Return YTD: 3.83%; 5 year: 11.3%; 10 year: 13.22%. Salespeople always have ‘shiny objects’.

Buffett still has the edge: https://www.amazon.com/Warren-Buffetts-Vanguard-Funds-Retirement/dp/1496148592

Do you need a REAL middle-income tax break?

The REAL tax break from the GOP and Trump is the removal of the income cap on conversions from traditional IRAs to Roth IRAs. The 1.6% income increase for the average household earning $50,000 to $75,000 has been eaten up by tariffs and health care costs. Compare the $thousands you save in taxes during retirement when most of your income is tax-FREE and you no longer have to take taxable RMDs from your IRAs. For many, the elimination of tax on IRA distributions means their income can continue to grow after 70 ½ AND they will pay less tax or nothing on their SS benefits.

Keep your taxes low for life: https://www.amazon.com/Tax-FREE-Retirement-code-lifetime-income/dp/1475206976

Health ins plan scams prey on the most vulnerable

“You can now get a great insurance plan at the price you can afford. We make it hassle free to sign up with the policies from Signa Blue Cross Etna United and many more. Press one now to get a hassle free assessment or press two to be placed on our do not call list. Thank you and it’s always be happy blessed.” Criminals promise inexpensive health care plans and take personal information that’s used to commit identity theft. In another version, victims are sold useless healthcare discount plans that scammers frame as cheaper than the consumers’ current health insurance. A Florida-based company named Simple Health Plans allegedly collected $100 million from tens of thousands of victims, Federal Trade Commission lawsuit.  Consumers paid up to $500 a month for a relatively worthless product, the agency said.

It is easy to be fooled: https://www.amazon.com/Health-Insurance-ONLY-right-policy/dp/1480125083

Do you own the absolute WORST funds?

Why do people pay much more for exactly the same commodities as others? Convenience? Inertia? B.S.? Misleading benefits? Some advisors are charging 2.33% for the same product as others charge 0.00%. Is that a ‘loss leader’? Sellers need to make something in order to compensate for time spent on other services they say. State Farm charges 1.34% for their plain 500 index fund. Do their customers believe they are buying an insurance product? Many insurers seem to be enjoying this extra profit. Perhaps customers are finally getting the message—net flows are negative for 3 and 5 years. Customers who feel more informed have chosen to separate financial providers/vendors. Vanguard, not brokers, offered the index in 1976 for less. It is now the largest mutual fund firm for a reason—costs matter. 11% vs 3.79% return on your money is huge.  

Go with the pro: https://www.amazon.com/Vanguards-Top-Ten-mutual-funds/dp/150073909X

Another way the ‘Tax Credit’ class avoids paying their fair share

The IRS just issued proposed regulations stating that there will be no clawback of the use of any unified credit (gift tax exemption) before 2026 when the lifetime exemption will revert from $10 million to $5 million. Wealthy taxpayers may safely use the current $5+ million excess and, if death occurs after 2025, still have $5 million for estate tax purposes, thanks to the millionaire Congress. Similarly, a taxpayer could make a taxable gift now of $11.18 million without concern that there would be a phantom estate tax on their death after 2025. Passing on $11.18 million tax-free allows the kids to get the ‘head start they really need’? to create their own tax-advantaged business.

Use your tax credits too: https://www.amazon.com/Tax-Credit-Class-your-credits-ZERO/dp/1539462382

****************

Make America, “The Don”, Great Again

Senile Psychosis

Two Americas: A Banana Republic? Do we really want an infant king? Daddy Putin!

McGahn is ‘lodestar’: Told Trump ‘NO’ - saved Mueller!

***********************

How Govt wastes our money: Congress spends $1.3 Trillion we don’t have! 

Trump’s stunt over: 5,800 troops not home for Thanksgiving. Cost us $220 million.

SCAMS/SPINS:

RoboCallers index: Top 100 callers by volume https://robocallindex.com/top-robocallers

Health ins plan scam: Simple Health Plans FL promised one of Trump’s ‘great’ plans.

Hackers control your pacemaker? Any electronic implant can be controlled by others.

First Choice Healthcare Solutions caught ‘pump and dump’ stock scam: $12.5 mil lost.

Elite Stock Research caught ‘pump and dump’ stock scam: $10. mil lost.

Giga Entertainment caught paying others to pump up sales software on Apple Store.

Check food: banned flavors--methyl eugenol, benzophenone, ethyl acrylate and pyridine.

Ford’s robot cars: “When we take the road, we know what doing and where the profit is.”

Trump attacks another distinguished patriot: draft dodger says he could have done better.

Cheryl Ann Stallings caught controlling client bank accounts for profit

Kimberly Pine Kitts, MA caught stealing $3 million by forging signatures etc.

Scott Newsholme, FL caught stealing $3.1 million by various fraud: jail 8.5 years

Waddell Reed caught loading its 401(k) plan with costly in-house investments. Fine only

H. Beck MD caught allowing sale of unsuitable L-share variable annuities/riders. No jail.

Trump’s mob using private email accounts too—lock them up too? “ijkfamily.com” 

Trump ordered Justice to prosecute 2 rivals just like tin dictator—McGahn said “no”

The Don SAYS HE'S MOST THANKFUL FOR HIMSELF ON THANKSGIVING

Is there really a ‘master race’ in Kansas? Dorothy found out our Wizards are frauds!

IRS audit? agents for criminal investigations dropped below 2,100—Lowest since ‘60s.

When everyone has a gun, how do police know who to shoot?

----------------------------------

The Mob Boss can never go to jail: Trump has Kava as Supreme so no indictment.

‘No man is above the law’ … well up till now. Dictators nullify courts first, then votes.

Supremes protect Don’s ‘Orders’? – GOP: Sure, pres can change Constitution anytime.

----------------------------------

Jobs:

Give Trump a rake and help CA firefighters. Like his ‘health care is easy’ solution.

Who owns your account now?

Avoid mistakes like these in passing on your accounts and assets.

Need your IRS tax file? https://www.irs.gov/individuals/get-transcript and help to file.

Major airlines may owe you money from overcharging conspiracy.

Foxconn coned WI into $4.1 BILLION subsidy: now orders down but taxpayers billed.

Miracle:

Where is the miracle that stops mass killings? More crazy people or mass destruction weapons?

20 million more of us have health insurance than in 2010! 28.5 million still not covered. We can do better: All the children in New England are insured. 

We fell 84 floors in broken elevator -- lived to tell the tale: Grace of God? 1 good cable?

“Mick and I live off of this fire between us” New rule: work past age 75 for a grand life.

IAN

41 Watchung Plaza, B242

Montclair, NJ   07042

973.746.2014

www.InsuranceAdvisorsNetwork.com

Alerts

Is your tax bill fair?

Is your tax bill fair?

We must pay taxes on ALL income but corporations don’t have to. Our taxes pay for Microsoft, Apple, Oracle, Citi to hide income overseas. “Corporations are people, my friend” except when it comes to taxes. They are people for influencing voting and buying US Congress people. Total corporate income stashed overseas to avoid taxes = $1.1 Trillion. The taxes could pay for 10 departments and programs we must pay for. 

http://www.bloomberg.com/news/articles/2015-03-04/u-s-companies-are-stashing-2-1-trillion-overseas-to-avoid-taxes

GOP to repeal estate tax—a $21 Billion gift to rich—by cutting food stamps. Only GOP’s top donors pay this tax since exemption from tax is $10.86 million per married couple. We collect $21.5 billion a year from the estate tax. Poor will make up the $21 B. Is the tax system fair—

we pay 32% tax and rich pay 15% or less. https://www.youtube.com/watch?v=Cu5B-2LoC4s

Tax Shelter for working people: http://www.amazon.com/Tax-Shelter-Young-Americans/dp/1500426520

How many mutual fund managers beat the market index in the last 6 years?

NOT ONE! All that money we gave to brokers/advisors has been wasted. In fact very few have actually beaten the market in any year. Based on the findings of a particular study, no mutual fund manager has. You could have 17.69% per year.

Keep your fees and commissions. http://www.amazon.com/Vanguards-Top-Ten-mutual-funds/dp/150073909X

Is a “separate account designed just for you” right for you?
Marketing securities is hard—you must cut through the clutter of messages trying to push our buttons of emotion. This one is called the “vanity” button. Sure, some guy will design a portfolio just for you but you are no different than everyone else. Everyone wants the “largest nest egg with little or no risk.” As Warren Buffett says, Rule 1: Don’t lose money, Rule 2: Dido. Buffett’s formula for becoming wealthy is simple: Buy a low-cost market index fund and do nothing else. When you pay more … you lose.

Just published!

The Warren Buffett Millionaire: “We make more money when snoring.”

Mr Buffett's strategy of patience has proven to be the most successful. He earns 19.7% a year compounded over time. He does NOT trade or speculate. He holds companies for a long time. The average investor earned just 3.69% while the stock market earned 11.11% over the last 30 years. Dalbar. Most investors jump from one “popular” security to another just in time for them to go down. So they earn just 3.69%; paying more .... for less. Buffett has been patient for over 60 years: his $6,000 from paper routes has grown to $72 billions. You and I can become wealthy by following Buffett's advice. We don't need to trade or time our buys and sells. All we have to do is be patient. All we have to do is “snore”: do NOTHING. http://www.amazon.com/Warren-Buffett-Millionaire-money-snoring/dp/1508887381

Tax preparer scams

Scam return preparers have told taxpayers to make the payment directly to them, even though they have health care plans. Preparers are targeting taxpayers with limited English proficiency. These preparers are asking for direct payment to them, but their reasons vary. Check the directory of tax preparers. Report bad behavior to the IRS on Form 14157, Complaint: Tax Return Preparer.

If you owe IRS and can’t pay

Ways to pay your bill: https://www.youtube.com/watch?v=3oJAddoXtGQ

Is a car lease right for you?

The average monthly payment for a new car rose to a record-breaking $471 during the fourth quarter of 2013, according to Experian. That’s a huge sum of money to pour down the drain every single month. $471 per month could be worth $1,000,000 in 27 years when invested in a simple stock index fund. Car values fall 40% in the first 3 years so pick up your favorite ride for HALF price in a 2012 version. EG: A4 Quatt $23,000 on Rt 1 Lawrenceville, NJ.

http://www.amazon.com/Tax-Refund-Millionaires-Let-Uncle-Help/dp/149595644X

Are you paying too much for your 401k?

If your 401(k) plan has less than 50 participants, the fees you pay range from a low of 0.43% to 1.88%. The average is 1.44%. In terms of your final nest egg in retirement, that is $340,000 versus $500,000.

Make your own pension: http://www.amazon.com/Your-Pension-Box-tax-FREE-employer/dp/1481945157

GOP crazies

Future President, NJ Gov Christie, made a quick settlement with ExxonMobil, taking $250 million instead of $9 billion. "Yes, Chris Christie, your amazing negotiating skills will get New Jersey a lot less money than almost everybody associated with this case, including Exxon, thought it would get," John Stewart said. Christie also diverted a lot of that money to balancing the state budget gap rather than paying for cleanup. Not surprisingly, Exxon made contributions to the Republican Governors Association that Christie chaired last year. Is Christie -- a potential 2016 Republican presidential candidate -- in bed with Exxon? "Christie said he was a great negotiator, he didn’t say which side he was working for," Stewart said. “The reported settlement is appalling and disturbing,” Mr. McKeon said. “The Christie administration appears more interested in rewarding Exxon Mobil — for whatever reason — than protecting taxpayers and our environment.”

GOP leader Cotton is an overnight STAR!

Sen. Tom Cotton wrote the controversial letter to Iranian leaders regarding ongoing nuclear negotiations. Like Trump, he has made a name by calling out the President of the United States. A book is due. The Arkansas Statehouse introduced a bill that would let him run for the White House and Senate re-election at the same time! The letter signers probably broke the law--Logan Act of 1799 (fines and prison)—but the Supremes are GOP and will excuse them. Americans are signing petition to indict: https://petitions.whitehouse.gov//petition/file-charges-against-47-us-senators-violation-logan-act-attempting-undermine-nuclear-agreement/NKQnpJS9

GOP leader Giuliani tells President he needs to “educate” blacks on crime

"It is the obligation of the President to explain ... that our police are the best in the world," Giuliani said, adding, "It all starts at the top. It's the tone that's set by the President." Rudi, please read the DOJ report —Your “best” police were ticketing ONLY blacks. The chief resigned

Future President Bush to Clinton: I deleted emails on my server too! HA HA

Jeb Bush has rebuked Hillary Clinton for her use of a private email account as secretary of state, holding up his own conduct as an example of transparency in government. But it took Mr. Bush seven years after leaving office to comply fully with a Florida statute requiring him to turn over his emails. Bush edited and deleted his too. He used his own server jeb@jeb.org, too. C’Mon Man

Future President Rand Paul warns Jews and Blacks about US civil rights

Jews, Blacks Should Worry About Indefinite Detention—US could send minority groups to Guantánamo Bay detention camp without trial, Sen. Paul says. Is he making promise to the right?

GOP wants to gut food stamps and Medicaid for poor

“We have seen the overall unemployment rate fall, yet the number of long-term unemployed remains high.” Senate Republicans agree with this assessment, and hope to embed an overhaul of the vital nutrition program in the upcoming budget document. Translation: GOP will let states make the cuts after funding is slashed. Privatize Medicare and end ObamaCare. Increase tax breaks and defense industry for rich to “invest” overseas.

TX GOP wants women to prove gender to use bathroom

Law allows women to receive $2,000 if they find person in the "wrong" restroom.

DEM crazies

Sen. Bernie Sanders introduced legislation to strengthen Social Security. “The most effective way to strengthen Social Security for the future is to eliminate the cap on the payroll tax on all income above $250,000 so millionaires and billionaires pay the same share as everyone else.” So the wealthy have not been paying for Social Security for the last 70 years? What the ….  Congress cannot even fund Homeland, Coast Guard, Airports, and Secret Service. C’Mon Bernie.

DEMs don’t have a chance to ask wealthy to pay fair share now!

DEMs crazies

ObamaCare works despite negatives. Of those who purchased a plan through Healthcare.gov, 7.7 million, or 87%, qualified for an average tax credit of $263 per month. With that financial assistance, more than half (55%) paid $100 or less per month for health insurance. Insurers made providing reasonably priced plans possible, Kevin Counihan said. “We’ve made great progress making these plans more affordable,” he said. 90,000 Sears employees are finding it easier to shop for health care, are savvier about their coverage choices and finally understand the meaning of value since the 129-year-old retailer switched to a private health insurance exchange. Starwood Hotels & Resorts Worldwide is the latest big-name company to move its active employee base to a private exchange, joining other brand-name companies such as Time, Sears, Darden and Walgreens.

Did you pay a ACA health penalty on your taxes?

Avoid penalty by enrolling at HealthCare.gov. The Special Enrollment Period begins today, March 15 and ends on April 30. During this time, you'll have the opportunity to enroll in health coverage for 2015 if you owe the fee. https://www.healthcare.gov/screener/.

Is “impact investing” right for you?

Since 2007, wealthy people have tried to organize their assets to cause positive society change. Impact investors expect organic food producers and renewable energy generators to do good as well as make financial returns. These investors expect public benefit and financial performance to be aligned. Socially responsible mutual funds are available too. Many not for profits and pension funds adopt this goal too. As long as the investment fees do not overwhelm the returns, you can accomplish both goals together. Compare Vanguard’s Top Ten to TIAA-CREF Social Choice Equity, which charges a mere 0.41% and beat the S&P by an average of 0.3 percentage point a year over the past five years and Domini Social Equity which costs 1.2%.

http://www.amazon.com/Vanguards-Top-Ten-mutual-funds/dp/150073909X

Is a pension advance program right for you?

Pension advances are when companies offer you money now in exchange for pension payments you receive later. Some companies also require you to buy expensive life insurance. Many people are looking for a pension loan in order to repair damaged credit and pay off existing debts. Loans don’t improve credit scores. NY Gov Cuomo accused some companies of "preying" on retirees and veterans by advancing sums that may actually be disguised, high-cost loans. Some states have outlawed programs to public-sector employees citing costs. Options counselor: http://www.pensionrights.org/find-help

Is a hedge fund right for you?

Just say NO. Everest Capital, a hedge fund firm that counted George Soros and Nelson Peltz as early backers, is closing six of its seven remaining hedge funds. Many Hedge funds have lost money. Investments in plain stock market index fund doubled since 2006. See proof: http://www.amazon.com/Wealth-Without-Wall-Street-Commissions/dp/1442168137

SCAMS           Why are we still paying $700 Billion a year for WWII deployments? That is 27 cents of each dollar in taxes—the largest part of our money—and we aren’t even at war. We could pay off our debts and fix our schools, roads and bridges!

We are paying for 164,253 of our active-duty armed personnel to be in 150 countries around the world. We have about 50,000 in Japan and 50,000 in Germany.

Are we preparing for WWII again? There are 1,208,083^[1] armed personnel in the United States. Our taxes pay for about HALF of the WORLD’s military expenditures every year. We have wasted $398.6 billion so far on the F-35 program—they can’t fly safely.

We just can’t afford to pay for everyone else’s defenses anymore.

Japan, Germany and S. Korea can pay for their own defenses.

The War on Terror requires SEALS’ attacks on top terrorists at their homes. Iraq proved converting a nation to Western-style republic doesn’t work. Our trained troops ran away.

SS says they destroyed tape of 2 drunk agents hitting WH

Congress watched two inconclusive surveillance videos of two possibly drunk Secret Service agents crashing into a White House barricade earlier this month, but Secret Service Director Joseph Clancy said there's no other footage because it's their policy to destroy the tapes after 72 hours. "That doesn't make any sense to us," Congress said. Tape costs pennies a day.

New place to complain about financials.

http://www.consumerfinance.gov/complaint/

CA to run out of water in 1 year—cost doubles

Why don’t they stop watering their lawns? Farmers get $700 per acrefoot selling water to rich Southerners INSTEAD of growing food for us.

Who owns your account now?
Everest Capital, a hedge fund firm that counted George Soros and Nelson Peltz as early backers, is closing six of its seven remaining hedge funds. Hedge funds have lost money.

IAN

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