According to a report from the Social Security and Medicare Board of Trustees, the Social Security system is expected to be solvent until about 2037 -- largely because of the surplus in the Trust Fund -- even though the payroll taxes flowing in stop being enough to cover the expenses flowing out in 2017.
Upon turning 18, he looked into his finances and discovered that his fortune -- which should have been put in a trust fund and totaled in the millions -- was mostly nonexistent.
According to "reserve language" in the budget resolution, more spending could follow, so long as more revenue becomes available--from somewhere--to put in the Highway Trust Fund.
George Soros and Eric Mindich cut their holdings in the SPDR Gold Trust (GLD), an exchange-traded fund, in the second quarter as prices rallied.
Hong Kong Economic Times says the government must act fast to restore public trust in charity fund-raising, as members of the public in Hong Kong are also worried about funds being misappropriated by officials.
Paulson also maintained his bet on gold, through a 31.5 million share stake in the SPDR Gold Trust exchange-traded fund.
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Reports overnight said major investors George Soros and John Paulson have significantly increased their holdings in the largest gold-backed exchange traded fund, SPDR Gold Trust.
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The trust fund was set up in 1973 by Distillers - whose subsidiary made Thalidomide.
For example, a "self-select" Child Trust Fund may allow parents to invest in individual shares, but also in international equities.
Either they manage the volatility as best they can - look to Russia as a country doing so very badly - or they stack up the surplus in a trust fund.
Under a new labor contract, the UAW will take over a health-care trust fund to pay for union retirees' health care starting in 2010.
Marnie looks well off by the looks of her mother, and Jessa by her globetrotting and non-urgency in her career make her look like a trust fund baby.
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Vanguard Group's Retirement Savings Trust stable-value fund, for example, had more than 9% in cash at the end of March, whereas longer term the firm would like to have only a 3% to 5% cash stake, says Sue Graef, a principal at the firm.
Citadel, the Chicago-based hedge fund, sold its sophisticated fund management system, Omnium, to Northern Trust in 2011 and became a client.
But according to the Investment Management Association, the British fund-management industry's trade body, an equity unit trust has to have 80% in equities.
That's why the trucking industry is looking for some help from the federal government in the form of infrastructure improvement, tax credits and a well-funded Highway Trust Fund.
But only last week Democrats on Capitol Hill wanted to siphon money out of the Oil Spill Liability Trust Fund established in 1986 and funded by oil taxes to help clean-up spills to pay for their extension of unemployment benefits.
The BBA was first estimated to extend the Medicare Trust Fund's solvency through 2017, but by the end of the Clinton Administration, the savings in the BBA were re-estimated and found to have extended the life of the Trust Fund to 2029.
This increase in the oil spill liability tax moves forward a planned increase in 2017 of 1 cent per barrel, and sets a tax of 10 cents per barrel starting in 2017 to make sure that there is long-term oil industry financing for the Trust Fund.
For one, the group wants more money, via a 10-cent hike in the fuel taxes that flow into the federal government's Highway Trust Fund.
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