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Chinese President Xi Jinping will travel to North Korea this week for a two-day visit, ahead of a possible meeting between Xi and President Donald Trump at next week's G-20...Politicsread more
The Pentagon said that the crew of one of the tankers, the Japanese Kokuka Courageous, found an unexploded limpet mine on its hull following an initial explosion.Politicsread more
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Facebook's reported move into cryptocurrency could amount to the biggest catalyst for digital assets in their decade-long history, some crypto investors say.Bitcoinread more
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Eleven banks that lend to shipping lines announced Monday that climate impact will be integrated into the criteria that determines how much shipping companies can borrow, an...Transportationread more
Florida businessman Barry Honig agreed to a proposed judgment with the SEC in a case it called "classic pump-and-dump schemes," according to Monday filings.Crimeread more
President Barack Obama took a lot of flak for his proposal to cap lifetime retirement account contributions. But there are several other provisions buried deep within his proposed 2016 budget that could affect your plans for retirement—in good ways and bad.
"Retirement planning is like trying to hit a moving target. Factors and assumptions are always changing, " said Jon Teran, a certified financial planner at Capstone Pacific Investment Strategies Inc., in Covina, California. "It looks like the target may be getting ready to move again."
There's no guarantee, of course, that any of these provisions will go into effect, though some stand a better chance than others. But there are steps you can take now so you're not caught off guard if they do.
Here are some that could have the biggest impact on retirement and estate planning, how likely they are to pass, and what you can do to prepare. (Click on each link for more information.)