Dear Liz: After the pandemic started, we received money from the federal government and decided to put it in a custodial account for our son, starting when he was 14 years old. We invested the money in a Standard & Poor's index fund. I now think I made a mistake and should have simply added the money to the 529 college savings plan we have for him. Can I close the custodial account and transfer the money to the 529 number? If so, what is the process? Another benefit I see of doing this is that the money may not…
Author: ricardofrancois
When Carrie Lake was a candidate for governor in Arizona, she had some choice things to say about the late John McCain. He was a sworn enemy of Donald Trump, and Lake, who ran on Trump's behalf while wearing high heels, aggressively pursued the longtime Arizona Republican senator.“We have driven a stake into the heart of the McCain machine,” Lake told cheering supporters after her victory in the 2022 Republican primary, her jaw clenching as she acted out the fatal push.She described McCain, who died of brain cancer in 2018, as a loser and told his supporters to “get the…
Nicola Lomas spent years carefully accumulating frequent flyer points to protect her 'gold' status at British Airways as she traveled dozens of times a year for work.As a business travel consultant, she enjoyed the perks. The queue jumps at check-in, and access to lounges and priority boarding for Gold members has helped ease the rigors of a hectic schedule.So, I was surprised that she was relieved last year when the airline delivered the news that all frequent flyers were dreading. Lomas were downgraded to the “blue” level, meaning the lowest tier, and lost their benefits after gradually reducing business travel…
Stay informed with free updatesSimply sign up for the Work & Careers myFT Digest – delivered straight to your inbox.Wall Street banks are always having problems, but it's generally about something more interesting than a job title.But that was not the case last week, when it emerged that a senior banker claimed to have been given a fake title when he joined Morgan Stanley in Frankfurt three years ago, just to fool European regulators into thinking the bank was adhering to Brexit rules.Since the UK left the EU, regulators have urged major global banks to run their EU operations with…
State Sen. Susan Rubio has a strong position in Sacramento. As chairman of the Insurance Committee, Democrat Baldwin Park could help pass or repeal any legislation affecting that industry. Due to a law meant to prevent corruption, Rubio cannot accept campaign donations from insurance lobbyists — or any other lobbyists — while she raises money for her 2026 re-election to the Legislature. State law prohibits California lobbyists from donating to the campaigns of state legislators.But there are no such restrictions on lobbyists who donate to campaigns for federal office, even when the candidate is a state representative. So as Rubio…
SAG-AFTRA President Fran Drescher gave an impassioned speech at the 30th Screen Actors Guild Awards, held Saturday at the Shrine Auditorium in Los Angeles. The awards ceremony, which was streamed live on Netflix, was the first edition of the ceremony since SAG-AFTRA reached an agreement with the major studios to end its historic strike and ratify a new contract. Read her full speech below.Thank you very much. I would like to express my gratitude to the WGA, DGA, IATSE, AFM, Teamsters and Basic Crafts for helping to make this night a success. Thank you to the hard-working man in show…
Charleston, South Carolina – Former President Trump won the Republican primary in South Carolina on Saturday, defeating former United Nations Ambassador Nikki Haley in her home state, cementing his path to the GOP nomination for a third consecutive time.Trump swept every contest for Republican delegates, with his previous wins in the states of Iowa, New Hampshire, Nevada, and the US Virgin Islands. His latest victory is likely to increase pressure on Haley – who was Trump's representative to the United Nations and governor of South Carolina from 2011 to 2017 – to leave the race. It is becoming increasingly likely…
Authorities have released the identity of a 3-year-old boy who was killed in his Lancaster home Tuesday night, describing his mother's boyfriend as someone involved in the killing.The toddler, David Hernandez, was found with his throat cut in the 43400 block of West 57th Street when deputies arrived around 10:55 p.m., officials said. He was declared dead at the hospital.The Los Angeles County Medical Examiner reported his manner of death as homicide and caused a “cut wound to the neck.”Rena Knowles, 39, of Lancaster, was taken to the hospital after attempting to kill herself at the scene, the Sheriff's Department…
Former talk show host Wendy Williams issued a statement on Friday thanking the public for its response to the news that she had been diagnosed with dementia.“I want to say that I am so grateful for the love and kind words I received after sharing my diagnosis of aphasia and frontotemporal dementia (FTD). Let me just say, Wow! Your response has been overwhelming,” Williams says in the statement provided by a representative. The messages shared with me moved me, reminding me of the power of loneliness and the need for compassion. I hope others with frontotemporal dementia will benefit from…
With California's March 5 primary less than two weeks away, voters in Los Angeles County can now start casting early ballots in person at one of 119 voting centers that opened Saturday.The ballot includes a long list of statewide and local candidates and ballot measures, including party nominations for president and an open U.S. Senate contest to determine the top two candidates who will advance to the November election. In California, county elections offices have been asked to begin mailing ballots to all registered voters no later than February 5.Voting centers, which open 10 days before the election, are one…