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Here's how trading hours and other services will be affected on the federal holiday, which falls on Monday, Feb. 16, this year.
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Asia stocks muted in holiday-thinned trade, Japan dips on dismal GDP Investing.comShares subdued in Asia by holidays, dismal Japan data ReutersAsian shares trade higher ahead of Lunar New Year holidays and gold prices fall Yahoo FinanceStock Market Holiday: Is Chinese stock market closed this week for lunar new year 2026? Mint
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Makers of AI chatbots that put children at risk face big fines or UK ban The GuardianNo free pass for internet platforms on child safety, Starmer says BBCSocial media ban for under 16s could be in force this year The TimesUK to tighten online safety laws to include AI chatbots Financial TimesGovernment announces sweeping 'crackdown' on social media firms Sky 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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