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Reddit Pulser/personalfinance
THIS IS NOT HARD. Meet the buyer at your bank. Have him go to the teller with you and be honest that you are selling the car and this is the proceeds from it. Deposit the money and ask them to verify it (obviously they will anyway). When the bank teller has accepted the deposit, sign the title and tell the buyer to enjoy the car. Make sure you keep your half of the title or whatever if it works that way in your state. If your bank is closed on the weekend, do it on Monday or Friday.
The $10,000 currency transaction report is routine paperwork, and 210 commenters agree the real risk in a $48,000 cash car sale is counterfeit bills. Do the handoff inside the bank, let the teller verify the cash, then sign the title.
Bond Yields Are Back Above 5%. “Tax-Free” Municipal Bond Interest Can Still Make More of Social Security Taxable
Municipal bond interest escapes federal income tax, but the IRS has a separate formula that pulls it back into Social Security calculations in a way most retirees never see coming.
Miss an RMD and the IRS Penalty Is 25%. File Form 5329 With a Two-Paragraph Letter and the Agency Has Waived It for Nearly Everyone Who Has Asked
The IRS has a 25% penalty waiting for anyone who misses a required minimum distribution, but tax specialists report an almost unbroken track record of that charge disappearing when retirees follow a specific two-step process most people have never heard of.
MARKET OPEN
Nikkei 225🇯🇵 JPX
-0.09%
440.97
Tokyo opened a hair below its prior close, a flat start that says traders are unwilling to commit before the Bank of Japan's next rate move. With policy rates already at a 31-year high, the yen is the variable that decides where Japanese exporters go from here.
He Pulled $80,000 Out of the House at 71 With a Reverse Mortgage So There’d Be No Monthly Payment. The Nursing Home’s Medicaid Office Counted Every Dollar of It, and the House It Came From Had Never C
Medicaid ignored the equity sitting inside his house for years, but the moment he moved that money into a bank account, the rules changed completely and his nursing home coverage was suddenly in jeopardy.
PodcastMad Money w/ Jim Cramer
Mad Money w/ Jim Cramer 10/7/26
- Cramer splits the market in two: credit-dependent names like Caterpillar, Ford and IBM versus AI borrowers that price near Treasuries
- SpaceX seeking $40 billion to buy Nvidia chips at triple-B rating, while Paramount Skydance bondholders got hit at 8%
- Oracle flagged as the one data-center name still exposed to credit market scrutiny
- Caller advice: swap Western Digital into cheaper Micron; Vertiv the pick after GE Vernova on data center infrastructure
AI and data-center names no longer trade off Treasury auctions, so a weak auction hits the industrial and consumer side of your book while chip and power names sail through, with Oracle the named exception. On the calls, he pushed Micron over Western Digital and ranked Vertiv right behind GE Vernova on infrastructure.
DATA RELEASE
2-Year Treasury Yield
4.79%
-5 bp
The policy-sensitive two-year yield slipped to 4.79%, easing off the highs just as Fed minutes point to another hike this year. Short-duration bond buyers and anyone pricing cash yields should take note.
Source: FRED · DGS2Reddit Pulser/povertyfinance
You are a true success story! Know that you are doing what you need to do for you and your cat. I commend you for that. Keep on keeping on as things ARE getting better for you. Nothing is too good to be true.
One first visit to a food pantry yielded more than 100 items, from meat to hygiene products to pet food, plus free insulation kits and bulbs from the local utility. Anyone stretched thin is likely eligible for safety-net resources that pride keeps them from claiming.
Retirees Who Leave Florida for Good Will Say Health Care Was the Reason Nobody Talked About
Most retirees who leave Florida point to family ties or the heat, but a quieter force drives more departures than anyone tracks, and it tends to show up for the first time in a specialist’s waiting room.
Reddit Pulser/povertyfinance
You owe it, but I would still try to negotiate a 3-6 month repayment agreement with them (or whatever works for you and is reasonable for them).
A glitch that quietly skipped a $65 monthly parking fee turned into a $325 lump sum five months later, and the thread's verdict is that the money was never the tenant's to keep. When a recurring charge vanishes, set the cash aside, then ask for installments when the bill catches up.
JEPQ Trailed the Nasdaq-100 by $17,970 on $300,000 Over One Year. The Covered Calls Are Why
Putting $300,000 into a high-yield Nasdaq fund that pays monthly sounds like a retiree’s dream, but the number your account statement never shows tells a very different story about what those monthly checks actually cost you.
NEAR Protocol Is Up 122% in a Month While Bitcoin Gained 8%. Can the Rally Last?
NEAR Protocol has rocketed past Bitcoin, Ethereum, and Solana over the past month, but the surge lacks any confirmed catalyst, and a massive overhang of underwater sellers from 2022 looms over the rally.