FEI Weekly

September 25, 2020

5 signs you're oversaving for retirement and the future of air travel.

Is This the Future of Air Travel?

CNBC

Airlines are scrambling to figure out how to test passengers effectively to open up routes that are off limits or require long quarantines. United Airlines has announced they will offer some Hawaii-bound customers rapid-response coronavirus tests at the airport, an effort to get around quarantine requirements and eventually, open up more destinations to travelers during the pandemic.

WeTransfer Hires First CFO

Morning Star

WeTransfer hired its first CFO, as the European file-sharing company looks to expand its subscription business and go carbon-neutral by the end of the year. Melissa Nussbaum has worked at the maker of Candy Crush for the past seven years, including most recently as head of finance. She previously held several roles at PricewaterhouseCoopers, including a stint as director of capital markets.

2 Categories of Disclosures for Leases

Bloomberg Tax

Under ASC 842, a company should present two categories of disclosures for leases: qualitative and quantitative. Examples of qualitative disclosures are lists of significant judgments used when applying ASC 842 principles, key assumptions made about leases, or narratives about lease options included or excluded from the balance sheet. Examples of quantitative disclosures might be cash flow information on operating and finance leases or right of use (ROU) assets obtained in exchange for finance and operating liabilities.

5 Signs You're Oversaving for Retirement

Yahoo News

While saving too much isn't necessarily a negative habit, it can be helpful to understand where you stand with your level of savings. Use the following signs to determine if you're saving too much for retirement: 1. You're unable to cover basic living expenses. 2. You have too much debt. 3. You have no financial plan. 4. You have excess funds. 5. You bypass meaningful opportunities.

Your Benefits May Change if You Make This Tempting Career Choice

CNN

If you're eyeing a move to another state or region, factor in how that may affect your job, your pay, your benefits and your taxes. You may have to switch to another plan offered by your employer if the insurer you have now doesn't offer coverage in the state where you're moving. Your paid leave benefits may change, too. Also, if there are any changes to your paycheck when you move, that will change how much you receive in matching contributions to your 401(k) since they're based on a formula tied to your earnings.