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Thursday, December 21, 2017

A Model Life: How Petra Nemcova transformed tragedy into joy

NEW YORK (Reuters) - If Petra Nemcova's life were a movie plot, nobody would believe it.

Column: With U.S. life expectancy gains down, tax bill will make things worse

CHICAGO (Reuters) - The Republican tax bill approved by Congress this week will create financial headaches for millions of taxpayers trying to navigate all the new rates and rules.

Your Money: Get ready for a flood of difficult divorces in 2018

NEW YORK (Reuters) - Acrimonious couples who were racing to get divorced by Dec. 31 or face dire tax consequences can breathe a sigh of relief. The final tax overhaul bill gives them until the end of 2018 before completely upending the divorce process.

U.S. tax overhaul requires new math for 529 savings plans

NEW YORK (Reuters) - Families with children in private or parochial school will be able to tap their college savings plans to pay for up to $10,000 in tuition and other expenses in the new year, thanks to a provision in the tax overhaul bill going into effect in 2018.

Tax bill's 'pass-through' rule will aid wealthy, not workers: critics

WASHINGTON (Reuters) - Wealthy business owners, such as President Donald Trump, stand to gain from a provision in the Republican tax bill that creates a valuable deduction for owners of pass-through businesses, Democrats and some tax experts say.

Column: Student tax breaks survive the tax bill, make the most of them

CHICAGO (Reuters) - If you are going to college, getting extra training for a job, or paying off student loans, there are myriad tax breaks worth thousands of dollars to people burdened by college costs.

Work hard, play hard: Life lessons from Sammy Hagar

(The writer is a Reuters contributor. The opinions expressed are his own.)

Investor equity valuation worries grow - BAML survey

LONDON (Reuters) - Two-thirds of investors believe U.S. tax cuts will boost equity markets, which are already increasingly seen as over-valued, a monthly survey by Bank of America Merrill Lynch showed on Tuesday.

Hurricane-hit catastrophe bond managers plan new funds

LONDON (Reuters) - Hedge funds and other managers of catastrophe bond funds racked up some of the worst losses in more than a decade from this year's hurricanes and wildfires.

Massachusetts and NY probing MetLife over unpaid pensions

(Reuters) - Regulators in Massachusetts and New York State said on Monday they are probing MetLife Inc after the insurer revealed last week it had failed to pay pensions to potentially thousands of people.