By Donna Butts, Next Avenue Contributor  Credit: Shutterstock While Congress continues to duke it out on most issues, legislators have come together a remarkable number of times this year in support of grandparents and other relatives raising children — also known as grandfamilies. On Monday, July 9, President Trump signed into law The Supporting Grandparents Raising
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By Bob Carlson, Next Avenue Contributor  Credit: Shutterstock Most Americans in, or near, retirement know too little about Medicare, causing them to pay far more out-of-pocket for retirement medical care than they should and make big Medicare mistakes. Many people believe Medicare — the federal health insurance program for people 65 and older — covers
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Shutterstock A group of wealth strategists at CIBC Private Wealth Managment noticed that the women in attendance at educational seminars for client couples were often mum. So, as part of the firm’s Women’s CIRCLE initiative, they started women-only seminars, including one called Finding Your Way. The idea is that if you take an inventory of
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Shutterstock When her husband died swiftly from cancer, Bridget Wilson, 60, was at a loss emotionally and financially. “I didn’t know about anything,” she says. She thought they had signed wills; she remembered going to a lawyer. She assumed they had life insurance—didn’t everybody? But suddenly, it was she—not her Wall Street trader husband—who was
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Walgreens isn’t the only one feeling the pressure of Amazon’s PillPack acquisition, as one Wall Street analyst copped to underestimating just how aggressively the e-commerce giant would disrupt drugstores. “We are downgrading shares of Walgreen … ending one of the more painful experiences I have endured in my 15 [plus] years as a sell-side analyst,”
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Regulators are likely to press broker-dealers and other financial professionals to act in the best interest of investors even without the DOL fiduciary rule, a major law firm is predicting. Shutterstock The best interest concept and similar investors protections are here to stay despite the death of the Department of Labor’s fiduciary rule, predicted a
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