Author: Arabian Media staff
Before you take your Required Minimum Distribution (RMD), it’s a good idea to plan ahead for what you’re going to do with the money, because once you take it out of your IRA, you usually can’t return it. According to Ali Dhanji, a financial advisor at Raymond James & Associates, “Once you’ve taken your Required Minimum Distribution from your IRA, it’s like toothpaste out of the tube–you generally can’t put it back in. The IRS designed these distributions to eventually be taxed, not returned to tax-sheltered accounts.” Key Takeaways Once you take your RMD out of your IRA, you can’t…
Macro dynamics, monetary policy, US fiscal and trade policies and geopolitics will drive the outlook for markets in 2H25. Source link
Unlock the White House Watch newsletter for freeYour guide to what Trump’s second term means for Washington, business and the worldFormer European Commission chief Jean-Claude Juncker has criticised his successor, Ursula von der Leyen, for not engaging personally to quickly stave off Donald Trump’s trade war.“I think that the commission would have been better advised to try to have a meeting as early as possible, because it was foreseeable that he would come back to the [trade] issue,” Juncker told the Financial Times. “There will be no deal without the active presence of the president of the commission,” he added, speaking…
Money dysmorphia is what happens when your feelings about money don’t match the facts, whether you’re doing better than you think or worse than you’re comfortable admitting. This isn’t a clinical diagnosis, but it’s a very real challenge for many people today. This mismatch is often shaped by comparison, internalized pressure, or past experiences with money, and it can lead to shame, stress, overspending, or extreme saving. In this article, we’ll explore what money dysmorphia is, where it comes from, and what you can do if it’s affecting your financial well-being. Key Takeaways Money dysmorphia is a skewed view of…
“I could live on my Social Security alone, as I wouldn’t have a house payment if I paid off the reverse mortgage.” Source link
This article is an on-site version of our Trade Secrets newsletter. Premium subscribers can sign up here to get the newsletter delivered every Monday. Standard subscribers can upgrade to Premium here, or explore all FT newslettersIt’s been a rare weekend without a shock-and-awe Donald Trump news announcement on trade, the main fare from the administration these days being an endless stream of wrong predictions that deals over the bogus “reciprocal tariffs” are going to happen at any minute. So let’s talk about something else. Today’s newsletter is on a topic that’s been brewing for a while, if that’s the right…
Economic growth in the UAE is set to remain buoyant, expanding by 5.1 per cent in 2025, up from 3.8 per cent last year. This is according to the latest Q2 economic update from the Institute of Chartered Accountants in England and Wales (ICAEW). The forecast, produced in partnership with Oxford Economics, highlights a strong rebound in oil production alongside robust non-oil sector momentum, supported by international trade, tourism and advanced technology. The institute expects UAE oil production to average 3.8 million barrels per day (bpd) by 2027, in line with efforts to raise capacity to 5mn bpd. “A significant…
Spiking oil prices may muddle the Federal Reserve’s inflation forecasts Source link
This article is an on-site version of our Moral Money newsletter. Premium subscribers can sign up here to get the newsletter delivered three times a week. Standard subscribers can upgrade to Premium here, or explore all FT newsletters.Visit our Moral Money hub for all the latest ESG news, opinion and analysis from around the FT Welcome back. Booming global demand for beef may be bad news for the planet, but it’s been wonderful for shareholders in JBS. The Brazilian company is by far the world’s biggest meat producer, with annual sales that have doubled since 2019 to reach $75bn last…
Parents should have six figures saved by the time their kids are 18 — but don’t panic yet. Here are some ways to get there. Source link
