Amid the coronavirus crisis, Americans have largely abandoned cash in favor of credit cards or contactless payments. As a result, there are not enough pennies, nickels, nickels, and quarters for everyone. Now the US Mint, which makes coins, is asking for help. “There is an adequate amount of coins in …
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People who lost their jobs wait in line to apply for unemployment benefits, after an outbreak of coronavirus disease (COVID-19), at the Arkansas Workforce Center in Fort Smith, Arkansas, USA. , April 6, 2020. Nick Oxford | Stock Photo | REUTERS In mid-March, Erin Madden was fired from her job …
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Jim McGuire | fake pictures If you are like many Americans, you will not answer this question about Social Security correctly: “I must be a US citizen to collect Social Security retirement benefits.” The insurance company MassMutual recently asked 12 true / false questions like this about the federal program …
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One of the most difficult parts of retirement planning is knowing if you will need long-term care in the future or how much it could cost. While not everyone will need that care, it helps with activities of daily living like bathing or dressing, those who can face a large …
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If you have dividends to generate retirement income, you may want to moderate your expectations. Wells Fargo joined this week’s list of 773 publicly traded companies, 63 of them on the S&P 500, whose dividends are being reduced or suspended. While you may not have seen many changes in income …
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