Money
Money news and analysis from Bear Creek Capital Network, updated daily.
- How RMDs Are Calculated on a $500,000 Retirement Account
Required minimum distributions force retirees to draw down tax-deferred savings each year, and the math is straightforward once you know your age bracket. A $500,000 balance at age 73 produces a...
- Montana's Second-Home Tax Rate Hits 1.9%, Outpacing the 2027 Social Security Raise
Montana's 2026 property-tax overhaul created a separate classification for second homes, short-term rentals and vacant lots, applying a flat 1.9% rate that can push annual bills well past what a...
- Sage and Findity Launch Expense Tool in Spain for Small Business Customers
Sage and Findity have rolled out their expense management product to Sage 50 customers in Spain, marking the second market for the partnership after the UK. The tool automates the full expense...
- Divorce Refinance Buyouts Hinge on Solo Borrowing Power, Not Just Equity Math
When one spouse keeps the family home, the buyout amount is set by equity calculations but constrained by what a single borrower can actually qualify for. Getting that sequence wrong can force a...
- AI Can Write the Caption. It Should Not Touch the Facts.
Artificial intelligence tools are being marketed as end-to-end listing collateral solutions, but a column published by HousingWire identifies a clear boundary: AI handles copy and photo cleanup...
- Social Security's 2027 Raise Is 3.6%. For 44% of Retirees, It's the Only Income They Have.
The 2027 Social Security cost-of-living adjustment is 3.6%, adding roughly $75 a month to the average retirement benefit. For the 44% of older Americans who depend on Social Security as their sole...
- Social Security's Monthly Rule Can Protect a High-Earning Retiree's First Checks
A mariner who clears six figures in a single month can still collect Social Security benefits before year-end, thanks to a first-year rule most claimants never hear about. The annual earnings...
- Graphic Designer Built a $1M Portfolio Starting With Apple Stock in 2001
A 63-year-old part-time graphic designer in Avon Lake, Ohio, built a seven-figure portfolio starting with an Apple stock purchase in 2001, then grew it to a second million through daily...
- Mortgage servicing problems linger when no one owns the fix
When a mortgage account problem needs a person to fix it and nobody is assigned, it can sit for weeks. An opinion column in HousingWire by a servicing software designer argues for four fixes: a...
- Series 7 paid, exit clause buried: what Ramsey told a 21-year-old about his new job
A caller to The Ramsey Show thought he was entering financial advising. Dave Ramsey told him he was already an insurance salesman. The firm that paid for his licensing may have also made it costly...
- Illinois seniors: Social Security is tax-free but still counts toward the $75,000 property-tax freeze limit
Illinois exempts Social Security from state income tax, but the state's senior property-tax freeze program counts every dollar of it toward a separate $75,000 household income ceiling. Seniors who...
- Goldman survey: 37% of top earners still living paycheck to paycheck
A Goldman Sachs Asset Management survey of more than 5,000 individuals finds that financial strain in retirement saving is not confined to lower-income workers. Thirty-seven percent of those...
- Prophix Partners With PwC Belgium to Automate Corporate Finance Functions
Prophix, the financial performance management software firm, has announced a formal collaboration with PwC Belgium covering budgeting, planning, reporting, and financial consolidation. The...
- Rosenwald Private Wealth, $1.1B Baltimore RIA, joins Indivisible Partners platform
A Baltimore wealth management team with roughly $1.1 billion under management has left its prior structure to operate as an independent firm under Indivisible Partners. The move gives Rosenwald...
- Fed hits American Express with AML enforcement action over suspicious activity failures
The Federal Reserve has issued a formal enforcement action against American Express Company, citing failures in detecting and reporting suspicious activity tied to money laundering. The Fed also...
- IRS Extends Safe Harbor Deadline for Staking Crypto Trusts Into 2027
The IRS released Revenue Procedure 2026-20 on October 6, giving existing crypto investment trusts six months to update their governing documents and qualify for a staking safe harbor. Trusts that...
- Retirement happiness gap tied to adventure hobbies, not savings targets, Wes Moss survey finds
A survey of thousands of retirees by author Wes Moss found that 57% of unhappy retirees report zero adventure-related interests, while happy retirees average nearly twice as many. The data, drawn...
- Gundlach Bundschu Chapter 11 Spotlights a Social Security Earnings Test Gap for Vineyard Owners
Sonoma's oldest winery filed for bankruptcy protection in late September, and 24/7 Wall St used the filing to surface a Social Security rule that many early retirees running money-losing farms or...
- Assurity names Cori Mooberry EVP of Worksite Sales in return hire
Assurity Life Insurance Company has appointed Cori Mooberry as Executive Vice President of Worksite Sales, according to a PR Newswire release dated September 28, 2026. Mooberry returns to Assurity...
- Social Security's 2027 COLA is 3.6%, the largest raise since 2023
The Social Security Administration set next year's cost-of-living adjustment at 3.6% after September inflation data arrived on October 14. The raise applies to benefits paid from January 2027 and...