| Could a vaccine passport soon be your ticket to a quarantine-free vacation? | | |  | WED, MAY 05, 2021 | | | | If you've been hankering for some travel after a year of stay at home rules, closed hotels and shuttered restaurants, not so fast. Welcome to the world of "vaccine passports," which some states, countries and travel providers are starting to require.
Sounds confusing? It is. However, CNBC's Ken Kiesnoski lays it all out for you, from phone-based apps to how to navigate the constantly changing landscape. Check it out before you book your trip or spend that stimulus check on a new, fancy luggage set.
In other wealth news, there's now evidence that more older, well-off workers are calling it quits after a year of Covid and its related effects. CNBC's Lorie Konish reports that high earners retired at a greater clip during Covid-19 than even during the Great Recession. In 2020, 15% of that cohort were retired a year after working, versus 10% in 2009.
Last, the old "marriage penalty" for taxes rears its ugly ahead again. CNBC's Kate Dore has discovered that two wage earners could make less than Biden's promised $400,000 threshold for the top tax rate in his proposed plan and still be saddled with higher taxes.
Here's how: For example, let's say each person makes $260,000. Under Biden's plan, those couples may pay higher taxes filing together than on their own, since they'd be captured by Biden's new top rate of 39.6% for high earners.
So much for wedded bliss.
For more key stuff like this, please follow me on Twitter @jimpavia and check out CNBC's Financial Advisor Hub and CNBC + Acorns Invest in You: Ready. Set. Grow. | | Like riding a bike | | "Yesterday I told the group that I want us to remember May 3, 2021 as the day we started all over again. The first day of the post-pandemic version of Ritholtz Wealth Management ..." | | | |
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