Category: Retirement

Lord of the Roths: How Tech Mogul Peter Thiel Turned a Retirement Account for the Middle Class Into a $5 Billion Tax-Free Piggy Bank — ProPublica

Lord of the Roths: How Tech Mogul Peter Thiel Turned a Retirement Account for the Middle Class Into a $5 Billion Tax-Free Piggy Bank — ProPublica

When the wealthy use legal means to avoid taxes via massive loopholes, do we blame the wealthy or those in charge who choose to permt the loopholes to continue https://www.propublica.org/article/lord-of-the-roths-how-tech-mogul-peter-thiel-turned-a-retirement-account-for-the-middle-class-into-a-5-billion-dollar-tax-free-piggy-bank

Calstrs carried interest payments to private equity managers fall as exits slow – Private Equity News

Calstrs carried interest payments to private equity managers fall as exits slow – Private Equity News

Slowing exits lead to reduced carried interest payments. Is this indigestion from overpriced deals? Will it lead to markdowns? Yet Calstrs needs to keep feeding the Private Equity beast. https://www.penews.com/articles/calstrs-carried-interest-payments-to-private-equity-managers-fall-as-exits-slow-20191107