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The new "modern heritage" prototype goes retro, leaning into A&W's roadside root beer stand roots.
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Plus, Acculink CPA announces free IRS Notice Decoder; AuditDashboard releases Collaborative Scheduling; and other accounting tech news and updates.
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Also in this newsletter: El Niño forces Panama Canal to cut traffic and Samsung outlines plans to return $80bn to shareholders
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Trump's ‘economic D-Day' claims first victim: Not Iran, but US markets Al JazeeraTrump warns of 'economic D-Day' against Iran, but Tehran is well acquainted with sanctions Oregon Public Broadcasting - OPBWhy China Thinks It Can Resist Trump's Economic Threats on Iran The New York TimesIranian families struggle to afford the basics as US ratchets up economic warfare AP News
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Gaming specialist Makers Fund has closed its fourth flagship vehicle at $250m - half the size of the $500m Fund III it raised at the height of the last gaming investment cycle in 2022.
The post Makers Fund closes $250m Fund IV raise, half the size of Fund III, amid gaming market "reset" appeared first on AltAssets Private Equity News.
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The digitally authenticated report can be used when applying for a job, loan, government benefit or another service requiring tax compliance information.
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HIG Capital has hired former Oaktree Capital Management and Schroders Capital executives Tim Hsu and Chris Todisco as managing directors in its Capital Formation Group, strengthening its fundraising operation as the $75bn alternatives manager continues to expand its global credit platform.
The post HIG Capital adds Oaktree, Schroders execs to capital formation team as $75bn manager grows credit platform appeared first on AltAssets Private Equity News.
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Your life insurance monthly premium can start looking less and less appealing once you've retired. It's a scenario Dan Simon, a retirement planning adviser with Daniel A. White & Associates in Middletown, Del., has seen quite often, even with his own parents. "The cost of the insurance had risen to the point where it was getting unaffordable. They were wondering do we really need to keep this coverage now that the kids are all grown up?"
If you stop paying your premiums, you lose your life insurance coverage, and your heirs wouldn't get anything back for what you've paid in. If you cancel a policy that has cash value, a reserve of money built up in some types of life insurance, the insurer sends you a check for that amount, though it will be far less than the listed death benefit.
Over the past 20 years, a third option went mainstream: selling your policy to a company, a practice known as a life settlement, with the buyer getting the death benefit when you die.
SEE MORE Don't Fall for That Life Insurance Ad on TV
"It's kind of morbid when you think about it. A group buys boatloads of policies from people that have fallen on hard times and can no longer afford their insurance," profiting from the seller's death, says Simon. "In theory, they want you to die tomorrow. If you live another 20 years, it's a bad investment for them."
Selling a life insurance policy generally isn't a great deal for you either, and there are better alternatives worth exploring. Simon finds that people typically turn to selling a policy when they're desperate. Usually, it's because they've spent down their other retirement assets, or they might be dealing with high medical bills. "It's a measure of last resort, like taking a reverse mortgage. I rarely see them working out well for people, and they could en
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