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  2. How all 50 states tax retirement income: A comprehensive list ...

    www.aol.com/finance/states-that-tax-retirement...

    Ohio taxes most retirement income, offering only two credits: a $50 annual senior citizen credit for residents age 65 and older, or a one-time lump sum distribution credit of up to $200 for those ...

  3. Individual retirement account - Wikipedia

    en.wikipedia.org/wiki/Individual_retirement_account

    An IRA may borrow or loan money but any such loan must not be personally guaranteed by the owner of the IRA. Any loan on assets in the IRA would be required to be a non-recourse loan. The loan could not be personally secured by the IRA account owner, or the IRA itself. It can only be secured by the asset in question.

  4. Personal finance - Wikipedia

    en.wikipedia.org/wiki/Personal_finance

    A personal balance sheet lists the values of personal assets (e.g., car, house, clothes, stocks, bank account, cryptocurrencies), along with personal liabilities (e.g., credit card debt, bank loan, mortgage). A personal income statement lists personal income and expenses. Goal setting: Multiple goals are expected, including short- and long-term ...

  5. Reverse mortgage - Wikipedia

    en.wikipedia.org/wiki/Reverse_mortgage

    Reverse mortgages allow older people to immediately access the equity they have built up in their homes, and defer payment of the loan until they die, sell, or move out of the home. Because there are no required mortgage payments on a reverse mortgage, the interest is added to the loan balance each month. The rising loan balance can eventually ...

  6. Have $6,000 or More in Credit Card Debt? Here's How to Get ...

    www.aol.com/6-000-more-credit-card-100021771.html

    For example, if your balance is $6,000 and your credit card sets minimum payments at 1%, you'll pay around $60 per month plus interest. But by just paying the minimum balance, you'll pay a lot ...

  7. Leisure World, Seal Beach, California - Wikipedia

    en.wikipedia.org/wiki/Leisure_World,_Seal_Beach...

    Leisure World Seal Beach is an active-seniors’ retirement community opened in 1962 that introduced many innovations characterizing later senior property developments. . When built, it was the nation's first mass-marketed housing project, first gated senior community, first all-electric community, and the first to have a health insurance plan and access to an on-site medical center included ...

  8. Retirement plans in the United States - Wikipedia

    en.wikipedia.org/wiki/Retirement_plans_in_the...

    When the interest credit rate exceeds the mandated section 417(e) discounting rate, the legally mandated lump sum value payable to the employee [if the plan sponsor allows for pre-retirement lump sums] would exceed the notional balance in the employee's cash balance account. This has been colourfully dubbed the "Whipsaw" in actuarial parlance.

  9. Student loans in the United States - Wikipedia

    en.wikipedia.org/wiki/Student_loans_in_the...

    Research shows that access to student loans increases credit-constrained students' degree completion, later-life earnings, and student loan repayment while having no impact on overall debt. [3] Student loan debt has proliferated since 2006, totaling $1.73 trillion by July 2021. In 2019, students who borrowed to complete a bachelor's degree had ...

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