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  2. ‘Never thought it was possible’: This 78-year-old Vietnam War ...

    www.aol.com/finance/never-thought-possible-78...

    For many people, buying a home remains part of the American dream. Alfred Gus Carter and his wife Lisa were able to realize that dream recently, but their story is a little unusual.

  3. Here’s 1 big money move that sets rich American retirees ...

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    Here’s 1 big money move that sets rich American retirees apart from other seniors — do it now to rocket up the wealth ladder ... Lock in juicy quarterly income through this $1B private real ...

  4. Living on $600 a month? Seniors over income limit can ... - AOL

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    Among people who are not living in nursing facilities, only a small fraction of seniors and disabled people trying to get "share of cost" Medi-Cal — 8% — spent enough on medical expenses to ...

  5. Ordinary income - Wikipedia

    en.wikipedia.org/wiki/Ordinary_income

    A "short term capital gain", or gain on the sale of an asset held for less than one year of the capital gains holding period, is taxed as ordinary income. Ordinary income stands in contrast to capital gain, which is defined as gain from the sale or exchange of a capital asset. A personal residence is a capital asset to the homeowner.

  6. List of basic income models - Wikipedia

    en.wikipedia.org/wiki/List_of_basic_income_models

    European/regional basic income: Basic income for a region, for example Europe. Van Parijs, Steve Quilley, Phillippe C. Schmitter m.fl. Marc's proposal, NAFTA-divident: Conditional cash transfers (basic income with strings attached) Not a guarantee because conditions exist, but conditions are easily fulfilled (or example, children going to school).

  7. Depreciation recapture - Wikipedia

    en.wikipedia.org/wiki/Depreciation_recapture

    The remainder of any gain realized is considered long-term capital gain, provided the property was held over a year, and is taxed at a maximum rate of 15% for 2010-2012, and 20% for 2013 and thereafter. If Section 1245 or Section 1250 property is held one year or less, any gain on its sale or exchange is taxed as ordinary income.

  8. Is your nest egg feeling the strain? Here are 10 ... - AOL

    www.aol.com/finance/nest-egg-feeling-strain-10...

    Here are 10 realistic ways seniors can secure some extra income As the cost of living continues to rise, many seniors find their retirement savings and Social Security benefits can’t cover their ...

  9. Redistribution of income and wealth - Wikipedia

    en.wikipedia.org/wiki/Redistribution_of_income...

    Redistribution of income and wealth is the transfer of income and wealth (including physical property) from some individuals to others through a social mechanism such as taxation, welfare, public services, land reform, monetary policies, confiscation, divorce or tort law. [1]