What you can do to lessen its impact for your heirs. Probate subtly reduces the value of many estates. It can take more than a year in some cases, and attorney’s fees,…
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To find out, look closely at two factors. Your Social Security income could be taxed. That may seem unfair, but it is a possibility. Seniors have had to contend with this…
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Could it make the world a better place? Could it make sense, financially? A gift to charity may also help to improve your tax or financial situation. Here’s a brief look…
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It seems high time to dispel some of the misconceptions. Generalizations about money and retirement linger. Some have been around for decades, and some new clichés have recently joined their ranks.…
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Investors would be taxed less if this idea gets the green light. Recently, President Trump and Secretary of the Treasury Steven Mnuchin both voiced their support for an intriguing idea: the…
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Comparing their features, merits, and demerits. How do you save for retirement? Two options probably come to mind right away: the IRA and the 401(k). Both offer you relatively easy ways…
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More people ought to know about them. There are a number of well-known retirement savings vehicles, used by millions. Are there other, relatively obscure retirement savings accounts worthy of attention? Are…
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Why striving to stay in the workforce a little longer may make financial sense. The median retirement age for an American woman is 62. The Federal Reserve says so in its…
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Now is the time to explore the possibilities. Grandparents Day provides a reminder of the bond between grandparents and grandchildren and the importance of family legacies. A family legacy can have…
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Save and invest, year after year, to put the full power of compounding on your side. Have you been saving for retirement for a decade or more? In the foreseeable future,…