Offbeat: 8 things retirees can get for almost nothing - PressFrom - US
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Offbeat 8 things retirees can get for almost nothing

17:30  11 october  2018
17:30  11 october  2018 Source:   moneytalksnews.com

Social Security beneficiaries set to get biggest bump in seven years

  Social Security beneficiaries set to get biggest bump in seven years Retired Americans who collect Social Security can look forward in 2019 to the biggest increase in benefits in seven years. Retirement benefits are likely to rise about 2.8% next year.Retirement benefits are likely to rise about 2.8% next year, based on the formula that determines annual cost-of-living adjustments in Social Security. It would mark the biggest gain since a 3.6% advance in 2012.

After retiring , you have more free time to channel that wisdom into doing the things you enjoy. There are many ways for seniors to get cheap — and even free — entertainment and services. Some of these offers are available based on age or income, while others are open to everyone — even those

Other universities let seniors “audit” classes for free. This means they get all the education but — alas — do not receive credits toward a degree. A couple of years ago, the Penny Hoarder published a state-by-state list of schools who have senior education programs. Check with the individual schools on this

a group of people in uniform: The Whittingtons, Don (left) and Bill (center) chat with actor/racer Paul Newman at Le Mans, 1979.© Bodini, Bodini, ASSOCIATED PRESS The Whittingtons, Don (left) and Bill (center) chat with actor/racer Paul Newman at Le Mans, 1979.

A former Indy car driver who served time in prison for his role in a marijuana smuggling operation is headed back behind bars for tax evasion.

Bill Whittington has been sentenced to 18 months in prison for filing a false tax return, the Department of Justice announced Tuesday.

From 2003 to 2010, Whittington failed to report $9.7 million in investment income generated through two offshore bank accounts in Liechtenstein, the Department of Justice said. The 68-year-old also underreported his income from a Colorado resort owned by his daughters. Whittington’s fraudulent conduct created a $1.8 million tax loss, the Department of Justice said.

Why retirees' tax rates may be higher than they expect

  Why retirees' tax rates may be higher than they expect You may retire, but the IRS won't.Though high-income retirees are looking forward to lower taxes once they've exited the workplace, they can still expect to pay stealth taxes in the form of Social Security income levies and higher Medicare premiums.

If you use the internet for the basics — such as emailing friends and family, and maybe occasionally surfing the web — there are options that can To step up to broadband coverage, try CenturyLink’s Internet Basics program. You can get broadband coverage for .95 a month if you meet certain

Do you know of more great goods and services seniors can get for next to nothing ? Share them by commenting below or on our Facebook page. The Only Retirement Guide You'll Ever Need is the plan that gives you the knowledge and freedom to retire on your own terms. Learn at your own pace

Whittington paid about $1.8 million in restitution to the Internal Revenue Service as a condition of his plea agreement.

As a race driver, Whittington had modest success at the Indianapolis Motor Speedway. He drove in the Indianapolis 500 from 1980 to 1985, with his best finish 14th. But in sports car racing he and his teammate and brother, Don, fared much better. In 1979 they were part of a three-driver team that won the 24 Hours of Le Mans. Bill Whittington also raced in the Daytona 500, as well as in several airplane races.

Bill Whittington previously served four years in prison after pleading guilty in March 1986 for his part in a multimillion-dollar, Colombia-to-South Florida marijuana smuggling ring. Bill admitted to heading the organization, which the DEA said took in some $73 million. Don helped invest the profits in legitimate businesses.

Don was sentenced to 18 months in prison. Bill got 15 years, serving four.

Bill Whittington lives in Scottsdale, Arizona. Previously he lived in Pagosa Springs, Colorado, where his daughters, until recently, owned a resort hotel called the Springs Resort & Spa.

More on the Whittingtons, and others: That time Indy 500 drivers were pot smugglers

Contact Star reporter Will Higgins at 317 444-6043. Follow him on Twitter @WillRHiggins.

GE's 119-year-old dividend is on life support.
General Electric's 119-year-old dividend is a source of pride inside this once-dependable company. require(["medianetNativeAdOnArticle"], function (medianetNativeAdOnArticle) { medianetNativeAdOnArticle.getMedianetNativeAds(true); }); But GE is no longer reliable. The conglomerate's financial deterioration -- debt is high and earnings firepower is shrinking fast -- could force new GE boss Larry Culp to take an axe to the dividend. One of the only things that GE bulls and bears on Wall Street seem to agree on is that the dividend will get cut.

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