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One way to avoid the additional burden is to take advantage of tax-deferred retirement accounts.
September 18 -
Tax cuts and other policies have stirred a stronger economy, but these results could mean vulnerable financial markets in the foreseeable future.
September 11 -
The order is for the Treasury Department to review rules that require mandatory distributions to begin when someone turns 70 1/2, and to make it easier for small businesses to offer 401(k) plans.
August 31 -
The upfront tax benefits are undeniable, but that doesn’t necessarily help business owners in the long run.
August 27 -
Leave this bad influence back where it belongs — in high school.
August 14Life Planning Partners -
Divorced women are more financially prepared for retirement than their single, never-married counterparts because they are more likely to secure their marital home after the separation.
August 13 -
Here’s what advisors need to know about the 20% qualified business income rule.
August 9 -
Congress is considering a proposal that would allow small companies to create a multiple-employer retirement plan to enable workers to build savings.
July 24 -
Instead of making quarterly tax payments, retirees have the option of having the payments withheld from their Social Security and pension benefits.
July 20 -
Salary-reduction arrangements can exclude up to $520 each month from a client’s taxable income to cover these expenses.
June 26