Retirement
General information about the type of retirement accounts whether it is employer-sponsored or not. Catch up with the contributions limits to see how much you’re able to save for your future.
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Can You Pay Federal Income Taxes with Your 401(k)?
If you’re facing a hefty federal income tax bill, you might be wondering: Can I use my 401(k) to pay…
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Safe Harbor 401(k): What Is It?
A Safe Harbor 401(k) is a type of retirement savings plan designed to simplify compliance with IRS nondiscrimination rules while…
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How to Change Code on IRA Distribution?
Changing the code on an IRA distribution is a crucial process that can significantly impact your tax obligations and reporting…
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Backdoor Roth IRA Pro Rata Rule: What You Need to Know
The Backdoor Roth IRA Pro Rata Rule is a critical concept for high-income earners who use the backdoor Roth IRA…
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Tennessee Retirement Taxes
The state of Tennessee has a very favorable tax climate for retirees. Unlike most other states, it does not have…
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ROTH IRA Contribution Limits
Roth IRA Contribution Limits are determined by your earned income. The contribution limit is lower for individuals with higher incomes.…
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How to Find the Best Income Annuities?
Annuities offer tax-deferred growth and guaranteed retirement income. However, they are not for everyone. They are long-term products and should…
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Full Retirement Age
While age may be just a number, it plays an important role in Social Security benefits. Social Security’s full retirement…
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Pension Benefit Guaranty Corporation
The Pension Benefit Guaranty Corporation (PBGC) is a federal agency established by the Employee Retirement Income Security Act (ERISA) of…
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Life Expectancy Calculator
A life expectancy calculator is a tool that helps you estimate your expected lifespan. It uses complex algorithms to make…
