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Tag: plan

Big House victory for GOP tax plan, but Senate fate unclear

Big House victory for GOP tax plan, but Senate fate unclear

Health
Republicans rammed a $ 1.5 trillion overhaul of business and personal income taxes through the House Thursday, edging toward the code's biggest rewrite in three decades and the first major legislative triumph for President Donald Trump and the GOP after 10 bumpy months of controlling government. The mostly party-line 227-205 vote masked more ominous problems in the Senate. There, a similar package received a politically awkward verdict from nonpartisan congressional analysts showing it would eventually produce higher taxes for low- and middle-income earners but deliver deep reductions for those better off. The Senate bill was approved late Thursday by the Finance Committee and sent to the full Senate on a party-line 14-12 vote. Like the House measure, it would slash the corporate tax rate...
Here's why a variable annuity, warts and all, might be a right fit for your retirement plan

Here's why a variable annuity, warts and all, might be a right fit for your retirement plan

Finance
They're not what they used to be, but variable annuities are still a major retirement-planning tool for hundreds of thousands of Americans.These insurance contracts are reviled by many financial advisors for all the right reasons: They cost a lot, they're hard to understand and they're hard to undo once you've signed a contract. The same criticisms of variable annuity contracts, however, were valid before the financial crisis — and those contracts nonetheless helped many people survive the 50 percent plunge in the stock market."I had some clients whose retirements were saved because of [variable annuity] contracts they purchased before the financial crisis," said Marc Ruiz, a financial advisor with Oak Partners and a registered rep with SII Investments.The terms and prices of variable annu
Trump readies opioid plan amid worries it won't be enough

Trump readies opioid plan amid worries it won't be enough

Health
President Donald Trump's long-awaited declaration that the opioid epidemic is a national emergency finally arrives this week, but some advocates are worried that it won't be backed with the money and commitment to make much difference. Trump is expected to make the formal declaration and deliver a major speech on the topic Thursday, more than two months after he first announced that would be his plan. There is concern the White House actions will be empty talk without a long-term commitment to paying for more addiction treatment: An emergency declaration would lack punch without money, said Andrew Kessler, who represents substance abuse treatment providers as a lobbyist in Washington. "If there's no new money to expand our treatment infrastructure, I don't know what the punch is going to ...
Pick the wrong Medicare drug plan and the cost could shock you

Pick the wrong Medicare drug plan and the cost could shock you

Finance
As prescription drug prices continue their upward climb, Medicare beneficiaries should pay close attention to the coverage they choose during open enrollment.During this window, which lasts through Dec. 7, you can choose drug coverage (Part D) either as a standalone plan that serves as a supplement to original Medicare (Parts A and B) or as part of a Medicare Advantage Plan (Part C).Either way, experts say that while you should ensure that any medications you take are covered, don't stop your search at the first choice meeting that basic minimum."It's really important to compare plans, because they can be very different in pricing and the pharmacies included," said Matt Chancey, a certified financial planner based in Orlando.Americans spent $ 457 billion on prescription drugs in 2015, acco...
Celtic FC news: “We won't change our game plan despite Champions League beatings,' says Brendan Rodgers

Celtic FC news: “We won't change our game plan despite Champions League beatings,' says Brendan Rodgers

Sports
Celtic boss Brendan Rodgers will not resort to pragmatism despite suffering a 3-0 defeat to German giants Bayern Munich in their Champions League clash in the Allianz Arena.The Northern Irishman had promised to play on the front foot in the Group B encounter and in an open game, skipper Thomas Muller opened the scoring in the 17th minute before right-back Joshua Kimmich headed in a second in the 29th minute.Mats Hummels headed in a third six minutes after the break and although the Scottish champions threatened more in the second-half it was a comfortable win for the star-studded home side.Asked if he could perhaps have been more pragmatic in his approach, Rodgers, whose side lost 5-0 at home to French side Paris Saint-Germain in their opening fixture before beting Anderlecht 3-0 away, sai...