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Monday September 27, 2021

News

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401(k) Retirement Plans

Personal Planner

401(k) Retirement Plans

The 401(k) is rapidly becoming the most popular qualified retirement plan. More than 90% of large companies now offer a 401(k). With a 401(k), each employee has an individual account and is permitted to transfer a portion of his or her salary...

Expanded Tax Benefits For 2021 Gifts

Washington News

Expanded Tax Benefits For 2021 Gifts

In a September 17 letter, the Internal Revenue Service explained how both individuals and businesses may receive additional benefits for charitable gifts this year. The Taxpayer Certainty and Disaster Tax Relief Act of 2020 included four temporary...

How to Manage an Inherited IRA from a Parent

Savvy Living

How to Manage an Inherited IRA from a Parent

What are the rules regarding inherited IRAs? When my mom died this year, I inherited her traditional IRA and would like to know what I need to do to execute it properly. I am very sorry about the loss of your mother. Inheriting a traditional IRA...

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