Every year, the Internal Revenue Service announces cost-of-living adjustments that affect contribution limits for retirement plans and various tax deduction
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IRA owners may want to revisit their estate planning strategies to help prevent their heirs from getting hit with higher-than-expected tax bills.
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An element of the new tax law that went into effect the beginning of 2018 is the increase of standard deductions for both single and joint filers. Although
Many people saving for retirement end up with a variety of savings or investment accounts: regular personal (non-retirement) accounts; employer pre-tax