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Backdoor Roth IRAs Are Promising—and Perilous
The Wall Street Journal· 3 days agoFor determined savers, the backdoor Roth IRA is an important tool. It’s easy to see why: Roth IRAs offer both tax-free growth and tax-free withdrawals on...
7 ways to give money as a gift
Bankrate via AOL· 6 days agoTypically, 529 plans aren’t counted as a student asset when filling out the FAFSA forms for financial aid, so it won...
‘529’ Plans Are Getting a Lot More Flexible—and Useful—This Year
The Wall Street Journal· 3 days agoSince the advent of “529” education-savings plans in 1996, parents and other savers have complained...
Smishing And Phishing Scams Kick Off IRS Annual Dirty Dozen | JD Supra
JD Supra· 7 days agoOn 3/28/24, the IRS kicked off its annual Dirty Dozen list with a warning for taxpayers to be aware of evolving smishing and phishing scams designed to steal sensitive taxpayer ...
11 Types of Savings Accounts: These Are the Best Places To Save Your Money
MSN News· 5 days agoSavings accounts provide a way to earn interest, often in a government-insured package. Numerous...
Debate: Do Taxpayers Benefit From Changes to the Saver’s Credit? | ThinkAdvisor
ThinkAdvisor· 7 days agoBloink: While tax credits can provide powerful incentives on many fronts, the saver’s credit is...
The ‘father of the 401(k)’ talks about the death of pensions, the future of retirement, and what...
Fortune via Yahoo Finance· 4 days agoEmployers can actually design the plan however they want to: decide which employees...
7 Things To Know If You Withdraw More Than $10,000 From Your Checking Account
GOBankingRates via Yahoo Finance· 8 hours agoIf you've taken the advice to save as much money as in an emergency fund or other form of savings,...
Last Minute Reminder: Filing Deadline For Most Tax-Exempt Organizations Is May 15
Forbes· 4 days agoWhile tax season is over for many taxpayers (except those of us still on extension), tax-exempt...
Tax Breaks: On May The 4th, A Tax Dispute That Started An Intergalactic War
Forbes· 2 days agoNo, that’s not a reference to any particular tax authority, even though it feels like it could be....
