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The 60-day rollover rule is one of the many traps that lie in wait for investors rolling over a retirement account such as a 401(k) or IRA. You have to follow the rules exactly, or you could end ...
Social Security's future looks increasingly uncertain. According to the latest trustee report, the program's trust funds will be depleted by 2037, a timeline that could significantly affect anyone ...
The Social Security Fairness Act (SSFA), which was recently signed into law by President Joe Biden, eliminates rules that reduce Social Security benefits for those who also get income from public...
To be taxed at the qualified dividend rate, the dividend must: be paid after December 31, 2002; be paid by a U.S. corporation, by a corporation incorporated in a U.S. possession, by a foreign corporation located in a country that is eligible for benefits under a U.S. tax treaty that meets certain criteria, or on a foreign corporation’s stock that can be readily traded on an established U.S ...
According to one popular rule of thumb, you minus your age from 110 to figure out how much of your portfolio should consist of equities. So at 61, less than 40% of your nest egg should be in stocks.
Social Security guarantees you a monthly benefit for life -- with a catch If you work and pay into Social Security throughout your career, you're generally entitled to a monthly retirement benefit ...