New York State

SmartAsset

Indexed universal life (IUL) insurance offers a unique blend of life insurance protection and the potential for cash value growth linked to market indexes. One of the primary tax advantages of IUL policies is that the cash value growth is typically tax-deferred, meaning you won’t pay taxes on the gains as they accumulate within the […] The post How Taxes for Indexed Universal Life (IUL) Insurance Work appeared first on SmartReads by SmartAsset.

How Taxes for Indexed Universal Life (IUL) Insurance Work

Massachusetts State

A million dollars seems like a lot of money, but even with seven figures in savings, careful spending is necessary to live comfortably throughout your golden years. One way to do that is by relocating to a less expensive state. You might be able to trim your costs through researching just how expensive housing and health care are as well as other non-financial factors like climate and crime. That can help you stretch your savings, though the math can be complex.

American retirees with $1M in savings could go broke much faster in these 5 states — do you live in any of them?

California State

A recent report from Insurify states that auto insurance policies in California are expected to increase by 54 percent compared to the previous year, highlighting a significant rise in insurance costs for drivers in the state. The expected increases would come after insurance companies have limited their offerings in California...

Study says California auto insurance increases will hit 54 percent by December

South Carolina State

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community_voice

California, MO

American Insight

Auto insurance is becoming more expensive for Americans this year, contrary to earlier expectations of a slowdown in price hikes. Data from the first half of the year reveals a 15% increase in full-coverage premiums, with costs projected to reach an average of $2,469 by year's end, according to Insurify, an auto insurance comparison platform.

Car insurance premiums surge by 15%, CA rates to increase 50%

New York Post

That’s a lot of green! 

Legal pot sales in New York are smokin’ hot and have now surpassed $500 million — fueled by a crackdown on illicit vendors, forcing buyers to patronize the real deal, officials say.

Sales topped $529 million by mid-this month — fewer than eight months after the city’s first legal shop opened in Manhattan and more than three years since the drug was legalized, according to John Kagia, director of policy for the state’s Office of Cannabis Management.



Gov. Kathy Hochul has projected the state will generate $1.25 billion in tax revenue from the fledgling industry within six years. 

NJ...

NY’s smokin’ hot, legal weed sales surpass $500M thanks to rogue-shop crackdown

GOBankingRates

Upon retirement, it is time to budget. That's because most retirees are on a limited or fixed income, a personal combination of Social Security, individual savings and work-related compensation like...

9 Best Cars for Retirees With Monthly Payments Under $300

Ohio State

Contributors represent independent, third-party users who have joined our contributor program and self-verified their accounts. They have also demonstrated their experience writing hard news for other outlets. Contributors are expected, like all users, to adhere to our Community Standards.

contributor

The Lantern

On Tuesday, licensed Ohio dispensaries began legally selling non-medical marijuana to consumers; however, the drug’s possession, growth and/or usage are still prohibited on Ohio State’s campus. Credit: Jefferee Woo/Tampa Bay Times/TNS [Original caption: Four citizen-led petitions with proposals to update Dallas’ charter hit the 20,000 valid signature threshold to make it on the Nov. 5 election ballot, including one that would ban police officers from arresting or citing people carrying less than four ounces of marijuana.] As of Tuesday, students 21 and older can now legally purchase marijuana in Ohio.

Dispensary sales of recreational marijuana began Tuesday; possession and usage still prohibited on Ohio State’s campus

Virginia State

Kentucky Vibes.net

Disclaimer: This article was written with the help of A.I. software. On July 28, 2024, a TikTok video posted by Erica W., known as @tasteofmelanin on the platform, garnered significant attention after she exposed disturbing racist decorations in an Airbnb rental. The incident occurred in a rental property that Erica had booked, although the exact location remains unspecified. The video has since gone viral, prompting widespread concern and leading to the removal of the listing from Airbnb's platform.

Airbnb Listing Taken Down After Black Woman Finds Hanging Monkeys and Cotton Used As Decor

TheStreet

Conway Gittens: I’m Conway Gittens reporting from the New York Stock Exchange. Here’s what we’re watching on TheStreet today. Wall Street begins a new week with a focus on economic data. Investors are keen to see if readings on consumer and producer prices nudge the Federal Reserve towards a ...

Retirees set for historic cost of living adjustment increase

The Motley Fool

Social Security's 2025 cost-of-living adjustment (COLA) is on pace to be the smallest raise for retired workers since 2021.

The Social Security Cost-of-Living Adjustment (COLA) Forecast for 2025 Was Just Updated. There's Good News and Bad News for Retirees.

Florida State

Jacksonville, FL

Jacksonville Today

Jacksonville Sheriff T.K. Waters said he will consider more DUI patrols if voters legalize recreational marijuana use in Florida. Voters will consider Amendment 3 in November. It would allow adults 21 or older to possess, purchase or use marijuana products and marijuana accessories for non-medical purposes.

More DUI patrols possible if marijuana issue passes

Denver, CO

David Heitz

In addition to collecting more than 8,000 used needles in the past year from Denver drug users, the Harm Reduction Action Center passed out 10,000 meth pipes and “snort kits,” according to a newsletter sent to its supporters Thursday. They also connected about 1,700 people to medical, mental health and substance abuse treatment.

Denver group hands out 10K meth pipes, ‘snort kits,’ connects 1,700 to treatment annually

New York City, NY

Troy, NY

Q 105.7

The photo is heartbreaking, as both of the handsome (and seemingly lost) doggies look a little nervous in the back seat of a stranger's car. One of the dogs appeared to have a collar, and they both seemed relatively healthy and well-groomed. Who would leave them unattended and why?. That's...

Two Sweet Pups Abandoned; Police in Troy Want to Know Why

Colorado State

A bill quietly introduced this spring in the Colorado legislature to decriminalize the possession of drug paraphernalia obtained by harm reductionists has become law. As low-key as the legislation was introduced, the bill was signed into law without fanfare June 6. It garnered little to no media attention.

Colorado legalizes needles, pipes for meth and crack if obtained by harm reduction group

Pennsylvania State

Dare County, NC

Hershey, PA

CBS Pittsburgh

PITTSBURGH (KDKA) — The latest home in the Outer Banks swallowed by the Atlantic Ocean was reportedly owned by Pennsylvania residents. The Island Free Press reported on Aug. 16 that the oceanfront home on East Corbina Drive in Rodanthe in Dare County, North Carolina, was owned by a couple from Hershey, Pennsylvania. The home, which was empty at the time, was being used as a vacation rental earlier in the summer, and there were no injuries, the newspaper reported. A stunning video posted to Facebook on Aug. 16 by Chicamacomico Banks Fire & Rescue shows the home being swept away by the Atlantic Ocean....

House in Outer Banks owned by Pennsylvania residents washed away by ocean

Once you've been scammed out of retirement money, you may also be on the hook for taxes. Here's why.

The Double Whammy of Retirement Account Scams

Severe weather is becoming commonplace causing homeowner insurance premiums to rise, especially in places more likely to experience severe weather. As homeowners continue to file insurance claims for weather, many are purchasing additional insurance coverage or finding cheaper providers. More than half of Americans said their insurance premiums increased due...

Weather Is Driving More Homeowners To Shop For Better Insurance. But Can They Find It?

Social Security is the foundation of retirement planning for millions of Americans, and front-line banking professionals see firsthand the financial strategies that beneficiaries use to get the most...

I’m a Bank Teller: My 5 Top Banking Tips for Social Security Recipients

Illinois State

Michigan State

The U.S. Food and Drug Administration (FDA) has upgraded July’s recall of Jalapenos, green peppers and green beans to Class I, the agency's highest threat level. A Class I recall means there is “a reasonable probability that the use of or exposure to a product could cause serious adverse health consequences or death.”

ALDI vegetable recall upgraded to highest threat level

Jersey City, NJ

Essex County, NJ

Morristown Minute

NEWARK, N.J. – Efrin Wade, a former correctional officer at Essex County Correctional Facility (ECCF), has admitted to accepting $14,000 in bribes to smuggle contraband, including tobacco and a cell phone, into the facility for inmates. The announcement was made today by U.S. Attorney Philip R. Sellinger.

Correctional Officer Guilty of Smuggling Contraband: $14K in Bribes Accepted

Syracuse.com

NewsBreak

Major insurer overpaid $5 million in claims for NY retirees , audit finds

Albany, N.Y. — A major insurer for many New York state retirees improperly paid over 200 insurance claims costing over $5 million, according to an audit...

Major insurer overpaid $5 million in claims for NY retirees , audit finds

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