Author: News Room

Do Seniors Over 80 Have to Pay Income Tax?

Reaching your 80s doesn’t automatically mean saying goodbye to income taxes. Many retirees live on fixed incomes and may owe little or nothing to the IRS. However, others with pensions, investment income or retirement withdrawals may still face tax obligations. The key to understanding your tax situation in your later…

7 surprising things I learned when I booked my first cruise

The ship’s scheduled arrival time is when the ship docks at the port, a cruise ship employee previously told Business Insider. Before passengers can get off, there’s an inspection that can take anywhere from 20 minutes to an hour or longer.Just to be safe, I booked a night flight at…

My Mother Has 0k in an IRA. Is a Nursing Home Able to Take It?

A nursing home cannot directly seize funds held in an individual retirement account (IRA). However, retirement accounts in many states are generally treated as countable assets for Medicaid eligibility, which means their value can affect whether you qualify for Medicaid coverage of long-term care. In many cases, this requires a…

Substack cofounder says it’s making ‘fast progress’ on tools for larger publishers, following The Ankler’s defection

Substack wants to keep big media companies from outgrowing its platform.The Ankler, one of Substack’s top publications, recently defected, citing the need for more control and flexibility. The Hollywood-focused media company left for Passport, a new platform created by WordPress.com owner Automattic and Stratechery founder Ben Thompson.Other Substack rivals like…