Tax-FREE account for retirement income

 

Make the New Year better

 

Is automatic bill pay right for you?

There are severe penalties for not paying your bills on time. You will get hit with charges, interest and lower credit bureau scores in many situations. You also may be paying higher mailing rates. How do you avoid this situation? Your bank may offer auto bill pay. I have been using this for about 10 years. Using your checking or business account as the source, you set up a vendor account with the name and address of the entity you owe. My monthly house mortgage loan is paid to Quicken at the same amount each 1^st of the month. The bank posts this amount the Quicken’s bank by the 1^st automatically. I do nothing after I set the amount monthly. For credit cards with different amounts, I enter the amount when I get the bill and set the date I wish the amount to arrive at the card’s address. For all others (utilities, doctors, newspapers, insurance, and individuals), I decide the amount and time to arrive at their address. All I have to do is have all my income deposited directly into my checking account. Some times I have to move money from my savings to my checking for emergency bills. Sometimes I have to reimburse my daughter and (she me) via direct transfers or Zelle. Her account is at the same bank but I can do a transfer to another person at their bank for large fee. The best part is I have monthly records on paper and any period totals digitally. I can also find and print any transaction during the past 12 months. I don’t pay extra for auto bill pay since the bank has my money from direct deposit. In fact I have saved over $50 since starting. 

More ways to save: https://www.amazon.com/Save-3000-every-year/dp/1500681571

 

 

You need a tax-FREE account so your retirement income is FREE

This book will show you how to: Create a $2,000,000 tax-FREE Retirement System. Use the best legal tax shelter: no taxes . . . ever. Tax-favored over a 401k even with a match. Protect your family and assets with your System. Borrow from your System to pay for large purchases. Buy whatever you need without going into debt to others. Self-insure manageable risks—invest the premiums saved. Buy financial services at wholesale prices—save $3,000 a year. Manage your System in 1 hour per year. $2 million nest egg can produce $160,000 a year in retirement. $1 million produces $80,000 income FREE.

https://www.amazon.com/New-American-Retirement-System-ReserveTM/dp/1461030072/

 

 

New Year fresh start for your kids/grandkids

Make sure you teach your kids how to create wealth the easy way. My parents were not investors. At my first job, I had no clue which investment option to use for my 401k contribution and company match. The HR person told me to put it into the 'safe' stable value fund. That was the worst choice at my age I learned later when I got my securities licenses. If I had followed their advice I would have ended up with $150,000 instead of a Wealth Reserve of $877,233 about 33 years later. We have used this 'Wealth Reserve' as I call it to have funds to use low-cost high-deductible insurance, to buy two homes and 5 cars with higher down payments or cash, and now to receive $2,500 a monthly in a retirement supplement. Your kids use the Buffett investment strategy for any amateur. Buffett recently proved his method, though simple, beat the strategies of the best hedge funds. Start with only $1,000.

Start in 30 minutes: https://www.amazon.com/Give-your-child-leg-manage/dp/1096505355

 

2022: another stock market high?

You may have noticed that your 500 index fund returned about 29% last year. Your real estate index fund provided 40% return. Like 2019, 2017 and 2013, these highs might start convincing you that an average for this period of 17% might continue. Using the 500 index would have quadrupled your retirement nest egg. But before you get greedy, you might want to move some of those gains to a balanced account like Wellesley Income Fund. This low-cost managed fund has provided steady income to retirees since 1970. This balance of stocks and bonds could help you through the anxiety of 2022 since the Fed (US gov money manager) will stop pumping up Wall Street firms and will increase interest rates soon. This situation has already changed market forecasts so you know we are not likely to be so lucky in ’22. Remember the cardinal rule of managing money, especially in lower return periods: low-cost beats high-cost in every period.

Low-cost leader: https://www.amazon.com/Vanguards-Top-Ten-mutual-funds/dp/150073909X

 

What is your retirement dream?

Travel, hobbies, family, business, volunteer, keep favorite job, other? No matter your dream your first concern is health. Our dream can motivate us to save for the time when we don’t NEED to work at a job for money. Thus there are folks who have prioritized saving over spending, even when family obligations are great. Take the story of the Howell family highlighted in a recent Money newsletter: the Howell's could save 21% of salary and put kids thru college. Randy retired at age 56 from a variety of labor and management positions with United Parcel Service, and LuAnne worked as a school secretary. They enjoy hiking and other outdoor activities. However, without a health plan from work, it is doubtful they could have retired early to do what they wanted to do. For other folks, what happens when their health requires them to interrupt their plans? Our health system is a ‘for profit’ system so that my health needs are in conflict with the industry need for profits. I, NOT them, will suffer when I can’t afford to maintain my health. My dream is crippled while they earn more. The need for affordable health insurance becomes the No 1 priority for America.

Health insurance first: https://www.amazon.com/Health-Insurance-ONLY-right-policy/dp/1480125083

 

 

Is using a 401k brokerage account right for you?

New research by Empower shows that while the average age of participants using the brokerage account is higher than average, the effect has to do with older participants having higher incomes and balances rather than just because they are older. This makes sense from the view that buying individual securities when you already have a nest egg built up provides some further diversification or specialization. One reader had 80% of their 401k money in a low cost S&P 500 index while they continued to buy DMYI which is involved in quantum computers. This arrangement is sometimes called a “hub and spoke” strategy. Any loss in the spoke does not destroy the wheel.

https://www.amazon.com/Best-Both-Worlds-Spoke-Investments/dp/1533307326

 

Which used cars to buy now?

Vehicle dependability is at an all-time high, according to the J.D. Power 2021 U.S. Vehicle Dependability Study. Owners of 2018 models reported on the number of problems they have had. Lexus, Porsche, Kia, Toyota head the list. Rover, Jaguar, Chrysler come in last. By the way, Jeep, Dodge Chrysler, is now stellantis. Because of the lack of chips for new cars, used car prices have gone up to meet the demand. However, if you are looking for a bargain, you need to compare this list to the list of vehicles from iSeeCars that depreciated more than 1.3 times the 39.1% average three-year depreciation for all vehicles. This list shows that Audi 6, Ford Fusion Hybrid, BMW 3, and Volvo S60 lost the most value. In 3 years, these cars lost over HALF of their value. However, one vehicle shows up on both lists: Lincoln MKZ. The Lincoln MKZ was discontinued after the 2020 model year, which shows that demand isn’t high for this vehicle perhaps because it isn’t as luxurious as its competitors. However, at $21,500, the used Lincoln may be a bargain since you have some dependable lux at a reasonable price. Avoid flooded ones. Shop around for insurance. High deductible reduces premium. Save $22,000 over time.

Ask for each discount: https://www.amazon.com/Vehicle-Insurance-Beware-Double-Coverage/dp/1480027634/

 

Are buying art, wine, gold the right investments for you?

Many internet blogs run by journalists provide misleading investment advice to sell clicks to other for profit sites. Example: 6 Brilliant Ways to Build Wealth After 40 Misleading advice 1: Invest in art that has outperformed the S&P by over 180%. Claiming that wealthy people make huge profits, the authors don’t cite which art they mean and how much the rich paid for the art. 2: Get $10 by starting to invest in Apple, Tesla, Amazon. The fees for investing small amounts may take all your profits and won’t build wealth. A free index account of the top 500 stocks may build wealth over time using the Miracle of Compounding. 3: Buy gold from a dealer to avoid volatility. The authors don’t explain that gold prices fluctuate too. The dealer fees may also take all your profits. 4: Shopping for car insurance can save you money but you need to shop the carriers directly not from the editors of this blog. Each carrier has their own discounts/rates. 5: Buy wine from their firm for an investment return of 10.6%. Speculating on bottles of wine is not smart no matter what “sommelier knowledge with AI-driven algorithms” they use. 6: Stop overpaying for stuff online. Using a browser extension, you can save on some goods. However, when I used it I found that the pop up usually shows the same price on Amazon or at another site but without adding in the shipping costs. Since I have paid for shipping with Prime, the alternative was misleading and I needed to create another seller account. 7: Invest in real estate and art through a 3^rd party to earn “passive income.” Low-cost index accounts with no 3^rd party fees provide these important diversification asset classes. However, the authors don’t explain the fees charged on the interest income paid.

Use Compounding: https://www.amazon.com/Miracle-Compounding-Turn-day-into/dp/1470176513

 

?**********ACCOUNTABILITY**************?

 

 

Like 1776, this period is a test of democracy—We rejected an "American fascist" once

 

 

The Path to Dictatorship: 2010-2030

 

 

Sedition: Trump’s plan to keep power

 

Trump co-conspirators charged?

 

Terrorists send Congress to floor

 

Cheney: Trump or truth

 

725 terrorists charged

 

 

US civil war II

 

 

How Govt wastes our money:

Congress fails to pass law against abusing women: no votes since 2013: NRA blocks it

Sedition: ‘speech that incite people to rebel against the government’: Trump incites Jan 6

Sedition: Trump called on his "MAGA nation" to "rise up" against President cost $30 mil

 

SCAMS/SPINS:

Kids with Covid fill hospitals: unvaccinated; 378 children admitted per day

GOP Jordan claims booster not effective but NO facts more Trumpers die for lie 840,000

 

TX tells Navy it has no jurisdiction over antivaxxers despite orders: 35 may kill hundreds

TX bans books on race and sex they don’t like in secret meetings: teens buy own books

 

NJ caught negligence in deaths of 100+ veterans in state-run facilities: fine $53 million.

Surprise medical bills now illegal: Just say ‘no’ to med providers who spring bill on you

Call a taxi: ambulance rides $450 or more are exempt so we still face surprise bills.

 

Teva Pharmaceuticals caught providing opioid leading to deaths of 500,000 users

Rich need a raise?: Time to raise prices on Covid tests, treatment, vaxx, swabs, etc

 

Manchin decides Dems not break GOP block vote rights: takes McConnell’s job

GOP halts Voting Rights Act: states block vote expansion: Trumpers hold key jobs

Only 1 Republican showed up to remember the 1^st and only attack on our government

Most Americans don’t think state GOP will accept Dem win: GOP war for Trump

24^th Dem quit House: GOP win without a fight

725 terrorists charged: most convicted rioters received no jail time: ready for 2^nd attack

 

Trump terrorist attacks covid vaxx clinic shouting “murderers” 1 hospitalized from hate

"There’s a demand for misinformation; so people are always gonna find a way to get it."

 

21 million Americans believe violence is justified to overturn the 2021 US election

75% of insurrection supporters: Dems trying to make US “obedient” Third World voters

 

40% GOP: “violent action against the government" sometimes justified: 2^nd civil war

30% Americans think Biden illegitimate elected president: 30% think election fraud

Sedition not charged because Jan 6 attempted coup was run by white supremacists

 

Trump’s TX recount: 0.0006% discrepancies: Biden did not win TX: Trump lost votes

Putin hackers behind election probe of Dominion Voting Systems in cities w/o machines

Western allies fear erosion of democracy in US: riot, insurrection, or armed coup?

 

Ivanka, Don Jr caught in subpoena by NY attorney general: long delay tactic; no jail

Prince Andy says 17 year old has already been paid for his sex: $500,000 voids her suit

 

Mel Trump is selling her hat: needs money; divorce? They lost their shirt on Wash hotel

Marlboro cigarettes changing image: “moving beyond smoking” to smoking in space

HeartWare pump taken off the market after years of problems: still in chest of thousands

 

Allen Giltman CA caught selling fake CDs from fake websites: $50 million

John Piccarreto NY caught Ponzi fraudulent promissory notes $20 million prison 7 yrs

Susan, William Harris caught stealing funds from special needs folks prison 47,15 yrs

 

Petra Gomez Jakeline Lumucso caught prep fake tax returns $25 million prison 8 4 yrs

Kent RE Whitney CA caught investment scam at his church $33 million prison 14 yrs

Jeff Carpoff CA caught fake mobile solar generators Ponzi $1 billion prison 30 yrs

Richard Terabelian Ayvazyan CA caught $10 million Covid relief funds prison 17 yrs

 

Private equity–backed RIAs had a 147% increase in advisors misconduct after takeover.

 

Jobs

Nevada fires unvaccinated higher ed employees after mandate left in place

Walmart to hire 3,000 drivers as it expands home grocery delivery: put fridge for you

37 Bed Bath & Beyond stores are closing

 

 

Who owns your account now?

Mortgage rates rising: refi before Fed raises rates: 1.750% 15 years

Avoid delay in tax refund: enter the exact amount of Child Tax Credit: look it up at IRS

AT&T and Verizon delay new 5G service: why pay more for no better service: airports

 

Student loan borrowers will have an extra 90 days to begin repayments

Removing all your personal data from internet data brokers can be time consuming

 

Miracles:

10 year old refused Alexa challenge to shock herself in outlet: Jeff’s fun is deadly

Nuclear war “avoided” say world powers: Gee, I feel better: what did we have before?

We need more air: Seed-dropping drone can plant 40,000 trees a day

 

GA to allow everyone to carry gun without a license or background check or training

 

Pope wants more children

Child abuse: 300,000 children were taken in marriage by older men: still legal in US

 

 

We can apply for Medicare online: https://blog.ssa.gov/apply-for-medicare-online

We can apply for Social Security online: https://www.ssa.gov/benefits/retirement/

We can apply for health care online: https://www.healthcare.gov/

 

IAN

41 Watchung Plaza, B242

Montclair, NJ   07042

973.746.2014

www.InsuranceAdvisorsNetwork.com

Alerts available at http://dankeppel.blogspot.com/

 

Boycott tax evaders?

UK consumers move Starbucks HQ over tax evasion

Starbucks has moved from its tax haven to London after consumer’s protests. Starbucks will move its tax base from the Netherlands to London in an attempt to banish its ‘immoral’ image. Accountant Richard Murphy said: ‘They are not paying any more tax, just paying more tax here. I don’t think they would have made the move if there wasn’t an overall tax advantage as well.’ Starbucks has said it will pay more tax in the UK as it moves its European headquarters here from the Netherlands following a row over tax avoidance.

Can protests move it back to the US?
 

Dem crazies

Dick Durbin, senior senator IL said he has written to Hospira Inc and urged the drug and medical device maker not to move its tax domicile abroad to save on U.S. taxes.

Citing recent reports that Hospira plans to buy the medical nutrition unit of France's Danone SA, Dick Durbin said in a statement he told Chief Executive Officer Michael Ball that Hospira should not "turn its back on American taxpayers and consumers by taking advantage of a tax loophole called 'inversion.'" The statement from the No. 2 Democrat in the Senate came amid growing concern in Washington with inversion transactions, which allow U.S. corporations to shift their tax home-base to a different country and cut their U.S. tax bills. "I strongly urge you and the board of directors not to move your company’s headquarters overseas, since a significant portion of Hospira’s revenue comes from U.S. taxpayers and depends on U.S. taxpayer-funded support."

Of 52 inversions and similar deals done since 1983, 22 have occurred just since 2008, with 10 more being finalized and many more said to be in the works.

Pay your fair share: http://www.amazon.com/Tax-FREE-Wealth-How-laws-free/dp/1475089236

Is a balance fund right for you?

A balance between stocks and bonds in a mutual fund produces returns of 10% over the long run with fewer negative returns. Take one of our clients’ favorites: the Vanguard Wellesley Income fund. This fund has had only two down years since 1999 and with only 0.25% expenses, has provided investors with over 10% return since 1970. This fund is managed by Wellington for Vanguard to contain 2/3 bonds producing 4-5% interest a year. It is used by many for retirement income.

This fund is one of their Vanguard Top Ten: http://www.amazon.com/Vanguards-Top-Ten-mutual-funds/dp/150073909X

Brokers targeting low-cost federal employee investment plans

Federal employees are a tempting target for financial companies. To supplement their traditional pensions, they participate in the Thrift Savings Plan, the largest 401(k)-type plan in the U.S. It oversees $418 billion for 4.6 million current and former federal employees, including the armed forces, park rangers, FBI agents and members of Congress. As in a 401(k), an employee sets aside money in a menu of mutual funds that isn’t taxed until withdrawal. Benefiting from economies of scale, the Thrift Savings Plan offers funds far cheaper than most 401(k)s. Its average fee is .029 percent -- or 29 cents per $1,000 invested vs 1.4%. The average 401(k) plan participant pays about 20 times as much for a stock mutual fund, according to a July study by the Investment Company Institute, a Washington-based mutual-fund trade group.

Don’t be deceived—low-fee beat high-fee investments: http://www.amazon.com/Unbiased-Advisors-Network-helps-tax-FREE/dp/1470106841

Credit score may double your premium

Homeowners with poor credit pay 91% more for homeowner's insurance than people with excellent credit, according to insuranceQuotes.com. Homeowners with median credit pay 29% more than those with excellent credit. People with poor credit pay at least twice as much as people with excellent credit in 37 states and Washington, D.C. West Virginia's 208% increase is the highest in the nation, followed by Virginia (186%), Ohio (185%) and Washington, D.C. (182%). The greatest differences between excellent and median credit were observed in Montana (65%), Washington, D.C. (60%) and Arizona (55%). "This is another example of why credit is such an important part of your financial life," said Laura Adams, senior analyst, insuranceQuotes.com. "Maintaining a good credit history suggests that you're a less risky customer and can lead to several hundred dollars in annual homeowner's insurance savings."

Use all your discounts: http://www.amazon.com/Homeowners-Insurance-Beware-Coverage-Policy/dp/1480100870

Long-term care insurance buyers paying more

The average buyer of LTC coverage is younger than ever before—aged 53. The insurers noticed that they preferred younger clients with a longer "runway" of premiums on average. The LTC Tree study also found that decline rates for those ages 65+ are 220% higher than decline rates for those ages 45-55—younger people are healthier. This means insurers are capturing younger people who will have to pay premiums for an average of 30 years before only 4% of them become an expense. Insurers have a longer income stream ($2000 premium for 30 years) and larger reserves of $500,000+. Consider creating your own reserve: http://www.amazon.com/Long-term-Care-Insurance-better-alternatives/dp/147006877X/

ObamaCare II

Large employers are required to provide affordable coverage beginning in 2015 or potentially face penalties. For 2014, the definition of affordability was set at 9.5% of the employee's income. Some employers will be fined if they do not offer insurance at rates their employees can handle.

Tune up your 401k: EARN 50% more Tax-FREE

Accumulate $1,000,000 free of fees and taxes.
Avoid ALL 401k plan Wealth Killers.
Use a tax-FREE account--better than tax-Deferred.
Buy low-cost mutual funds averaging 10-12%. 

     Accumulating wealth requires that we avoid high plan and advisor fees, commissions, loads and ... taxes--the Wealth Killers.
Since you have a 401k, why not earn 50% more? We avoid fees by buying ONLY the financial services we need at a discount. We avoid taxes by using an IRS-approved tax-FREE account. We reinvest ALL our earnings. We accumulate $1 million by leveraging the Miracle of Compounding over time. 

http://www.amazon.com/Tune-your-401k-EARN-Tax-FREE/dp/1490591028

SCAMS           Why are we still paying $700 Billion a year for WWII deployments?

We are paying for 164,253 of our active-duty armed personnel to be in 150 countries around the world. We have about 50,000 in Japan and 50,000 in Germany.

Are we preparing for WWII again? There are 1,208,083^[1] armed personnel in the United States. Our taxes pay for about HALF of the WORLD’s military expenditures every year. We have wasted $398.6 billion so far on the F-35 program—they can’t fly safely.

We just can’t afford to pay for everyone else’s defenses anymore.

Japan, Germany and S. Korea can pay for their own defenses.

IAN

41 Watchung Plaza, B242

Montclair, NJ 07042

973.746.2014

www.InsuranceAdvisorsNetwork.com

Alerts 

saving $1560 on insurance

Sam saves $1560 on car, home and excess liability insurance
Sam of NY used our new Guide to save big on his insurance premium this year. He took an hour one day when he received his auto renewal to check other insurer’s rates. He was able to increase his deductibles and drop some of the duplicate coverage he was paying for in order to save on all three policies. He found that his bundled policies with one company did not save him as much as purchasing the coverage separeately. When he shopped he found that the rates were significantly lower than the coverage he had. He figured he had been losing $1560 for the last 12 year because that was when he last priced his car insurance. The home insurance carrier gave him a discount for his home since he had never made a claim. The insurers keep a record of all home claims. Sam used his savings to pay off a credit card. Sam was happy.
amazon.com/Industry-Insiders-Guides-Buying-Insurance

Women Much More Concerned Than Men with Keeping Up With Monthly Expenses MassMutual Survey says. Both men and women are concerned about saving enough for retirement – but for women, just keeping up with monthly expenses is an even bigger concern. The economy remains the big concern. Women are more likely to keep an eye on spending and finding bargains. Women are also better investors but they have less income than men. Members use our Guide for Women to Ensure Their Financial Health: amazon.com/Ensure-Your-Financial-Health-Wealth/

NY Gov orders refunds on health insurance overcharges.
11 insurance companies have been ordered to refund $114.5 million to holders of policies that cover 573,748 people who were overcharged for health insurance premiums in 2010. The refunds were overcharges on the premiums insurers are allowed to keep after claims are paid--MLR. Most of the refunds will go to members of large groups—employer-provided insurance. All major insurers were involved. For list of insurers, see Governor Andrew M. Cuomo’s website: http://www.governor.ny.gov/press/110911health


GOP lowering’ death’ tax in some states
If you live in some states, you need to make provision for estate and inheritance taxes. Or you can change legal residence and pay nothing. Since some tax is due on assets as low as $675,000, owning an average value home may trip the tax buzzer. In some states, GOP lawmakers have raised the threshold so more citizens pass free of tax. In most states, how you own assets can make a difference. In other states, you may not have to worry at all—the wealthy have already fixed NO death tax and NO inheritance tax. The federal exemption is $5 million but states are changing theirs. Check your state. We help you plan your retirement so that there is enough fulfill your wishes: amazon.com/Your-Retirement-Spending-Plan-enough/

Obama and GOP agree—raise taxes slowly by reducing CPI increases
Congress is looking at reducing future raises by adopting a new measure of inflation that also would increase taxes for most families -- the biggest impact falling on those with low incomes. If adopted across the government, the inflation measure would have widespread ramifications. Future increases in veterans' benefits and pensions for federal workers and military personnel would be smaller. And over time, fewer people would qualify for Medicaid, Head Start, food stamps, school lunch programs and home heating assistance than under the current measure.
Taxes would go up by $60 billion over the next decade because annual adjustments to the tax brackets would be smaller, resulting in more people jumping into higher tax brackets because their wages rose faster than the new inflation measure. Annual increases in the standard deduction and personal exemptions would become smaller.
Washington assumes that we are stupid and will not notice this change to Chained Consumer Price Index: http://finance.yahoo.com/news/New-formula-would-reduce-apf-365864943.html?x=0
Time will tell if Cain sex beats Chained CPI on our media coverage.

ObamaCare’s mandate upheld by district court
A panel of the U.S. Court of Appeals for the District of Columbia issued a split opinion upholding the lower court's ruling that found Congress did not overstep its authority in requiring people to have insurance or pay a penalty on their taxes, beginning in 2014. The requirement is the most controversial requirement of Obama's signature domestic legislative achievement and the focus of conflicting opinions from judges across the country. The Supreme Court could decide as early as Thursday during a closed meeting of the justices whether to accept appeals from some of those earlier rulings. Our future health care lies in the hands of 5 guys who have fully paid policies. http://usconservatives.about.com/od/capitalpunishment/tp/Top_Conservative_Justices.htm

SCAMS
Romney plan to change your benefits
The former Massachusetts governor said he would lower the cost of Social Security by raising the eligibility age for benefits, but he did not specify how quickly those changes would be phased in. He estimated that he could achieve tens of billions of dollars in savings by capping the cost of Medicaid, the federal program that provides medical care to the poor, and allowing the states to take it over — a move his campaign said would "empower them to innovate."
In one of the most controversial elements of his plan, Romney proposed a major restructuring of Medicare, which currently provides health insurance to about 47 million elderly and disabled people. Under the changes, Medicare would become just one of many plans that seniors could purchase with a new "premium support" system that would give them a set amount of money each year to purchase a plan.
Aides said the plans would have to offer a level of coverage comparable to the benefits offered under the current Medicare system. They asserted that by encouraging a range of private insurers to compete with Medicare, which could begin running a deficit as early as 2024, the program's costs could be lowered.

GOP plan: less SS benefits from your contributions, kick the poor off Medicaid, and give you a voucher to buy your own old age insurance, if you can find an insurer when you are old and sick. We will need a lot of luck!

We, Taxpayers are helping the wealthy buy bigger McMansions!!
“It's not the intent of the FHA to facilitate people buying McMansions,” said Representative Scott Garrett, a New Jersey Republican opposed to higher loan limits. “The intent is to help the average American buy the average house.” Congress is weighing a proposal to restore higher loan limits that expired on Oct. 1. The measure, already adopted by the Senate, would allow the FHA and government-controlled Fannie Mae and Freddie Mac to insure single-family mortgages for as much as $729,750, up from the current $625,500, in high-cost parts of the country. Banks and realtors are lobbying hard to stop Congress from cutting off taxpayer support.


“I wish I had done more”—famous last words
Paterno is not a target of the criminal investigation, but the state police commissioner called his failure to contact police himself a lapse in "moral responsibility." "This is a tragedy," Paterno said. "It is one of the great sorrows of my life. With the benefit of hindsight, I wish I had done more."


IAN
41 Watchung Plaza, B242
Montclair, NJ 07042
347.746.2014
www.InsuranceAdvisorsNetwork.com
Alerts available at http://dankeppel.blogspot.com/