Latest Updates Around The World
The questionnaireconducted in December by bipartisan poll watchers Echelon Insights And GBAO strategiescollected responses from nearly 2,600 voters aged 50 and over. This showed that women between the ages of 50 and 64 are particularly concerned about their economic security, a concern that extends to long-term retirement planning. More than half of women surveyed are […]
The CHEA Certificate is offered exclusively to NAIFA members through an eight-hour program of academic research, case studies and fiduciary-aligned planning frameworks. The partnership seeks to address a “long-standing gap in traditional financial education where home equity is often overlooked as retirement assets.” Fairway and NAIFA co-developed the program and will utilize recognized reverse mortgage […]
Representatives for the companies did not immediately respond to RMD’s requests for comment. A joint notice of settlement filed Thursday said the agreement resolves “all claims and causes of action.” The parties executed a confidential, binding term sheet on Jan. 28 outlining the material terms of the deal. “The parties are currently in the process […]
Tommy Noyes has joined Mutuality of Omaha Mortgage by Liberty Reverse Mortgage as national wholesale account manager for Mutual’s reverse mortgage business, the company announced Tuesday. In this role, Noyes will focus on deepening customer relationships and supporting the growth of the company’s external channel. Noyes spent seventeen years at Liberty, where he became the […]
In June 2024, the CFPB issued an order permanently banning New York-based Pittsford Sutherland Global Services and its subsidiaries, Sutherland government solutions, Sutherland Mortgage Services and NOVAD, from servicing reverse mortgages. The enforcement action stemmed from what the agency described as illegal maintenance errors that harmed elderly homeowners and left some fearful of losing their […]
Advocates say many Ohio counties already offer informal payment plans to help older residents manage rising property taxes — and that HB 443 would codify these practices into law. “The Legislature took action on unapproved property tax spikes during the 2025 sessions, but it is still important for us to address reforms around the property […]
Musk envisions a future of unprecedented productivity, where advances in artificial intelligence, energy and robotics deliver economic “abundance” and even a so-called “universal high income” that may not require long-term savings, Business Insider reported. “The good future is that everyone can have everything they want,” Musk said. “That would mean better medical care than anyone […]
Ideas cited by the Brookings Institution of the Progressive Policy Institutethe American Business Institute (AEI) and the Cato Institute all recommend shifting the program from the current wage replacement structure to a flat benefit aimed primarily at preventing poverty in old age. Supporters say flat benefits would guarantee a basic income floor. Critics warn this […]
Participants must also have continuously resided in the state for 20 years or more. According to the proposalthe cost of the program would be approximately 3% of Tennessee’s annual state budget. It could be financed from the state’s recurring surplus – estimated at $1.5 billion to $2.5 billion per year. Mitchell asserted that Tennessee has […]
Yet the experience of aging remains deeply uneven, shaped by gaps in savings, access to workplace plans, and the rising costs of health care and long-term care. Retirement bills are rising as boomers leave the workforce By mid-2025, Americans had $45.8 trillion in individual retirement accounts, 401(k)s, pension funds and annuities. That was nearly double […]
