Author: Anthony M. Orbison
A 64-year-old married couple looks over their financial plan for retirement. SmartAsset and Yahoo Finance LLC may earn commission or revenue through links in the content below. If you’re nearing retirement and you have a sizeable IRA balance, you face some significant decisions surrounding required withdrawals and taxes. Converting a traditional IRA into a Roth account is one move that can increase your planning flexibility. And even at 64 years old, shifting an account from a tax-deferred to tax-free status can result in greater control over income distributions, as well as potential estate planning benefits. A financial advisor can help…
(Reuters) – All regulatory closing conditions related to Novo Holdings’ $16.5 billion acquisition of U.S. contract drug maker Catalent (NYSE:) had been fulfilled, the companies said on Saturday, adding that the transaction is expected to be completed in the coming days. Novo Holdings in February agreed to buy Catalent to boost output of the popular weight-loss drug Wegovy. According to the terms of the deal, Novo Holdings would sell three of Catalent’s factories, where injection pens are filled in sterile conditions, in Italy, Belgium and the United States, to Novo Nordisk (NYSE:) for $11 billion. Novo Holdings is the controlling…
The NFT market sales have surged amid mixed cryptocurrency price action, with Bitcoin reclaiming the $100,000 level while Ethereum retreated from last week’s $4,000 mark. The global cryptocurrency market capitalization has slightly contracted to $3.63 trillion from last week’s $3.67 trillion as per CoinMarketCap data. According to the latest data from CryptoSlam, the NFT market has surged 16.36%, with total sales volume reaching $224.5 million. However, the data shows that the number of unique buyers has decreased by 73.97% to 180,641. Ethereum network sees a 21% surge The Ethereum (ETH) blockchain continues to dominate with $118.9 million in sales, showing…
Unlock the White House Watch newsletter for freeYour guide to what the 2024 US election means for Washington and the worldMultiple sightings of aerial objects after sundown have sparked concern along the US east coast and widespread anger that the federal government is not treating the issue seriously. Authorities in New Jersey have since last month been flooded with reports of drones dotting the night sky, sometimes in groups and without any apparent purpose, above the most densely populated state in the country. Officials have tried to calm the public but have not offered any explanation for the phenomena. “We have no…
Every December, Nasdaq, which operates the Nasdaq exchange and exchanges in the United States and Europe, updates its key Nasdaq-100 Index. The index, established in 1985, is composed of 100 of the largest non-financial companies listed on the Nasdaq Stock Market, with the key variable the market capitalizations of the component stocks. 
Don’t miss the move: SIGN UP for TheStreet’s FREE Daily newsletter The index, up 29.4% in 2024 (after a 53.8% gain in 2023), is widely followed because its members include all of the top technology stocks, including Apple (AAPL) , NVIDIA (NVDA) Microsoft (MSFT) , Amazon.com (AMZN) ,…
Este artículo también está disponible en español. The Shiba Inu price is flashing bullish signals that could pave the way for an impressive 130% rally to new levels. A crypto analyst has highlighted a pattern of higher highs, solidifying his optimistic price projection of an imminent price surge for SHIB. Shiba Inu Price Gears Up For 130% Rally Klejdi Cuni, a TradingView crypto analyst, has released a detailed chart analysis displaying a bullish set-up for the Shiba Inu price. The chart highlights an ascending oval trend, with Shiba Inu consistently making higher highs on the daily. Related Reading Source: TradingView…
When you convert funds from an IRA or 401(k) to a Roth account, you have to pay income tax. – Getty Images With investment accounts about to end a very good year and current tax rates unlikely to change for a while, the case for paying taxes now to convert traditional IRAs and 401(k)s to Roth accounts is hard to make. Yet one financial-advice platform, Boldin, saw a 128% rise in the use of its Roth conversion calculator in 2024 over the previous year. Boldin, formerly known as NewRetirement, hears from all sorts of users who saved well in tax-deferred…
DUBAI (Reuters) – The Iranian currency extended its fall on Saturday, hitting a new all-time low against the U.S. dollar amid uncertainties about Donald Trump’s imminent arrival in the White House and tensions with the West over Tehran’s nuclear programme. The rial plunged to 756,000 to the dollar on the unofficial market on Saturday, compared to 741,500 rials on Friday, according to Bonbast.com, which reports exchange rates. The bazar360.com website said the dollar was being sold for about 755,000 rials. Facing an official inflation rate of about 35%, Iranians seeking safe havens for their savings have been buying dollars, other…
Solana (SOL) has been in the news over the last few weeks, albeit for different reasons. The popular altcoin was one of the many benefactors of a Donald Trump presidential victory, rising by 67.69% in three weeks after November 5 to reach a new-all time of $263. However, this price surge has been followed by a gradual recorrection of 15.13% in the last two weeks. Albeit, recent data on investors’ behavior shows significant market optimism on the fifth-largest cryptocurrency. Solana ‘New’ Investors Buoyant On Bullish Future In an X post on December 13, blockchain analytics company Glassnode shared an insightful…
Dec. 14, 2024 12:08 PM ETORCL, CIEN, GM, BA, ADBE, WBD, SMCI, AVGO, TSLA, UBER, LYFT, MDB, RIVN, APP, SG, CAVABy: Preeti Singh, SA News Editor Igor Kutyaev Wall Street was mixed this week, with the benchmark S&P 500 (SP500) slipping just over 0.5% to close 6,051.09 points, with losses in three of the five sessions, and ending three straight weeks of gains. On the other hand, the Nasdaq Source link