BY DONALD JAY KORN FOR INVESTOR'S BUSINESS DAILY Posted 11/14/2008 Some presidents cut taxes, some raise them. Where will tax rates be when you retire? That's impossible to know, but being aware of the impact of taxes on your retirement plan can help ...
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—Pat Montalbano, Scotch Plains, N.J. If you hold a Roth IRA, or even a traditional individual retirement account with nothing but after-tax contributions, you can harvest tax losses. But the strategy works only if the losses are so significant that ...
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I have sadly learned of the death of Louise Grimes Simmons, a wonderful person and a longtime member of the Nacogdoches High School Alumni Association. I decided to honor Mrs. Simmons in my article for the newspaper, because with her passing, Louise ...
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NEW YORK , Nov. 17 /PRNewswire/ -- We may have a new President-Elect, but taxpayers have only six weeks to make certain moves that will help ensure tax savings when they file in April 2009 . According to Bob Trinz , Senior Tax Analyst for the Tax ...
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NEW YORK (CNNMoney.com) -- As the faltering economy forces companies to cut back, employee perks are among the first things to go. And along with free coffee in the break room, the next thing your employer might axe is its contribution to your ...
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Though it's never too late to start, the sooner you begin saving, the more time your money has to grow. Gains each year build on the prior year's - that's the power of compounding, and the best way to accumulate wealth. 2. Set realistic goals ...
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Last year my required IRA distribution pushed me into a higher tax bracket. Is there anything I can do to reduce my tax liability? Many things you do can have an impact to your taxable income and deductible expenses. You should begin thinking about ...
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