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Don't Overlook These New RMD Rules for 2024 01/25/2024 07:00pm • Retirement account owners must take required minimum distributions from traditional IRAs and 401(k)s after a certain age. The SECURE 2.0 Act, signed into law in December 2022, brought changes to the RMD rules in 2023. For 2024, you'll want to know what age your RMDs will start, along with the conseq 5 Great Fixed-Income Funds to Buy Now 01/24/2024 07:00pm • In the aftermath of a challenging year for bonds in 2022 as interest rates rose, investors might be tempted to overlook the diversification benefits of bonds. However, that could mean missing out on the historical resilience that bonds have shown in turbulent times. This can be seen by reviewing his Do You Pay Taxes on Savings Account Interest? 01/24/2024 07:00pm • Interest is one of the many benefits you can receive when you set aside money in a savings account. When you earn interest, your financial institution is essentially paying you to keep your money there. But that interest comes at a price. Generally, the IRS requires you to pay federal taxes on any s How to open a Roth IRA 01/24/2024 07:00pm • A Roth IRA is a tax-advantaged individual retirement account where the account holder can contribute after-tax dollars. A significant upside to Roth IRAs is that all contributions and accumulated earnings grow tax-free. After the age of 59 1/2, Roth IRA investors can withdraw those tax-free funds. T New Jersey Supreme Court rules against Ocean casino in COVID business interruption case 01/24/2024 02:30pm • ATLANTIC CITY, N.J. (AP) — New Jersey's Supreme Court ruled Wednesday that an Atlantic City casino is not entitled to payouts from business interruption insurance for losses during the COVID-19 outbreak, determining that the presence of the virus did not constitute the kind of “direct physical l How to Reduce Your Lifetime Tax Bill With a Roth IRA 01/23/2024 07:00pm • It's safe to say that pretty much everyone wants to slim down their tax bill. Investing in a Roth individual retirement account is one way to decrease your taxes. A Roth IRA is a tax-advantaged retirement account. Unlike a traditional IRA, where you don't pay taxes on the money contributed until you "La sociedad de la nieve" está nominada a mejor película internacional. ¿Qué películas españolas han ganado el Oscar? 01/23/2024 12:06pm • (CNN Español) -- "La sociedad de la nieve", película española dirigida por Juan Antonio Bayona, se encuentra bajo los reflectores gracias a sus recientes nominaciones a premios cinematográficos.Apenas hace unos días, el filme —que retrata la llamada "tragedia de los Andes" de 1972— se llevà 6 Funds to Add to Your HSA 01/22/2024 07:00pm • Are you currently enrolled in a high-deductible health plan (HDHP)? If so, there's a silver lining: You may be eligible to open a health savings account, or HSA. To be eligible, you must not be enrolled in Medicare, claimed as a dependent on someone else's tax return or have other health coverage, b How to Claim the Saver's Credit 01/22/2024 07:00pm • Low- and moderate-income workers who save for retirement in a 401(k) plan or individual retirement account could qualify for the saver's credit. This retirement savings contributions credit can be claimed in addition to any tax deduction you earn by contributing to a traditional retirement account. Much of US still gripped by arctic weather as Memphis deals with numerous broken water pipes 01/22/2024 02:56am • NASHVILLE, Tenn. (AP) — Subfreezing conditions and treacherous roadways have contributed to dozens of deaths this month across the U.S., where states as far south as Texas and Florida remain gripped by deadly arctic weather Sunday. But the numbing cold is expected to ease up in the coming days. Na Every 2024 Tax Deadline You Need to Know 01/21/2024 07:00pm • The April 15 federal tax-filing deadline is famous, but there are other key tax deadlines and important dates to know throughout the year. Keep the following tax calendar in mind to help avoid penalties and take advantage of savings opportunities: January 29: The IRS Starts Accepting 2023 ReturnsThe 7 Best Funds to Hold in a Roth IRA 01/21/2024 07:00pm • Investors often focus on the theoretical expected returns from their investments, but a crucial aspect that's frequently overlooked is the impact of taxes on these returns. The historical averages posted by funds are usually presented first on a pretax basis, and the actual net returns received by i 12 Financial New Year's Resolutions for 2024 01/17/2024 07:00pm • January's half over, but the year has still just begun. If you haven't tried to whip your finances in shape, this is a good time to start. You don't have to think of these as financial goals as resolutions, but more like a reboot to your yearly financial to-do list. If you want 2024 to be a better m 5 Facts to Know About Your 401(k) 01/16/2024 07:00pm • It's no secret that saving for retirement is important, and one of the best places to stash those savings is your employer's 401(k) plan. These plans offer much higher contribution limits than individual retirement accounts, known as IRAs, and can offer lower cost investments thanks to economies of How Roth IRA Taxes Work 01/16/2024 07:00pm • A Roth IRA allows you to pay the taxes on your retirement savings while you are still working, but there are rules regarding contributions and eligibility for tax-free withdrawals in retirement. If you don't carefully follow the rules, you may have to pay taxes or penalties on the investment earnin