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Should I Roll My 401(k) Into an Annuity?
SmartAsset via Yahoo Finance· 3 days agoWhen you leave a job where you had a 401(k) it's important to understand what your options are for rolling over your tax-advantaged plan. Cashing out is...
Proposed Treasury Regulations Provide Guidance on Stock Buyback Excise Tax for Redemptions and M&A...
JD Supra· 6 days agoOn April 12, 2024, the Treasury Department and Internal Revenue Service (IRS) issued proposed Treasury Regulations (REG-115710-22) providing comprehensive guidance for applying ...
I Cut My Student Loan Payments: Here’s How I Did It
GOBankingRates via Yahoo Finance· 3 days agoMost college graduates would tell you that a student loan is the bane of their existence. It's understandable because it's an immense debt you end up...
Taxation of Foreign Currency Transactions Part III: Section 988 Transactions Defined, Character &...
JD Supra· 1 day agoWhich transactions qualify as section 988 transactions? In section 988 transactions, the taxpayer makes payments or receipts denominated in or determined by reference to one or more nonfunctional currencies.
What Is Rule 72(t)?
Time Magazine· 2 days agoIt sounds arcane, but when you have significant savings tied up in retirement accounts, it pays to know about rule 72(t)—one way to avoid penalties for...
7 Myths About Debt That Gen Z Must Stop Believing
GOBankingRates via Yahoo Finance· 15 hours agoFinancial literacy is key to achieving financial stability. There's no better time to start learning about it than when you're young -- though it's also...
6 Things To Do Now If You Have More Than $5,000 in Your Checking Account
GOBankingRates via Yahoo Finance· 5 days agoA recent GOBankingRates survey shows that 9 out of 10 people possess checking accounts. But despite...
How to get a mortgage when you’re self-employed
Bankrate via Yahoo Finance· 7 days ago“You should be eligible for all available options, including both conforming mortgage programs by Fannie Mae, Freddie Mac, FHA and others, as well... and...
The Savings Game: The pros and cons of backdoor Roth IRAs
Herald & Review· 1 day agoOne of the positive features of the SECURE Act, passed in 2019, was that it eliminated the restriction that if you had reached age 70 ½, you could no longer make IRA contributions. In 2024, ...
37 Life Hacks That Will Save You Money
GOBankingRates via Yahoo Finance· 2 days agoSavvy shoppers might be the masters of coupon cutting and buying on a budget, but those aren't the only ways to save money. If you don't take advantage...
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