What is the meaning of an Individual Retirement Account (IRA)? The IRA, short for ‘individual retirement account,’ is a tax-advantaged investing tool that individuals use to reserve retirement savings funds. There are different types of IRAs. Traditional IRAs Roth IRAs SEP IRAs SIMPLE IRAs Individual taxpayers can establish either Roth or traditional IRAs, while self-employed individuals and small-business owners set …
A Taquan Air floatplane glides above Southeast Alaska on a flightseeing tour TAQUAN AIR Though Jon Krakauer rendered the phrase immortal in his nonfiction account of an ill-fated young man who ventured into the Alaskan wilderness, the allure of going ‘into the wild’ predates his book’s 1998 publication date. (Though, of course, Alaska is featured on our list, because—why wouldn’t …
So why would Amazon choose to re-enter the travel industry through a seemingly loss-generating proposition hawking already low-margin airline tickets via a Cleartrip partnership in the domestic Indian market? It sounds crazy, but Skift Research believes that airline tickets are a sensible entry point for a new Amazon foray into travel. Flights is a fairly commoditized product with far fewer suppliers to …
Ensuring the value of a college education and degree in our evolving professional world remains front of mind for Alison Byerly, the first woman to lead Lafayette College. Here, we chat about her strategy for equipping Lafayette graduates to thrive after graduation, how higher education can better support the professional growth of women and the reason why you can often …
The government had re-constituted the IL&FS board after the crisis surfaced. The parliamentary standing committee on finance has asked the government to set up a high-level inquiry commission to identify the reasons behind the Infrastructure Leasing & Financial Services Ltd (IL&FS) default crisis. ET has reliably gathered that the panel, which will table its report in the matter on Wednesday, has …
The bilateral pledge came as a result of German Finance Minister Olaf Scholz visiting the Chinese capital this week. Mr Scholz met China’s vice-premier Liu He who promised to take down economic hurdles for German financial institutions interested in doing business in his country. The German minister said he would reciprocate, hoping Chinese banks could be persuaded to open in …
Travel is one of Instagram’s most popular verticals for a reason. From the comfort of your phone you can explore some of the most beautiful places on the planet, and daydream about your next vacation. A comment frequently seen on the platform is something along the lines of “I wish I could travel for a living” or “I would love …
From Kashmir to Kanyakumari, and Gujarat to Assam, fintechs, the new and trendy financial companies, have become darlings of investment angels. The odds of the fabulous and trendy fintechs beating banks are narrowing by the day. The fintech threat to the banking industry is no longer a headline. It is close to an accord. China is one of the clearest …
HIGHLIGHTS With less than $1 million in capital he moved from California to Shenzhen Anker is now valued at about $1.1 billion Company is embedded with the supply chain in Shenzhen After Steven Yang left his coveted job at Google, he asked his mother whether he should take venture-capital money to fund his business idea. If his online consumer-electronics enterprise was …
In many ways, the future is unpredictable. A report by the World Economic Forum reveals that almost 65 percent of the jobs elementary school students will be doing in the future do not even exist yet. Combined with technological automation and the disappearance of traditional jobs, this leaves us with a critical question: how can we survive such a world? The answer …