Nation
World
Politics
Sports
Business
Entertainment
Life
Tech
Science
Opinion
Crime
Health
Oddities

As the markets tank, Congress can help retirees by suspending RMDs

Por: The Hill Business November 10, 2022

thumbnail

Consider a retired individual, 72 years old, with $100,000 invested in a retirement account at the end of last year, 50 percent broadly invested in stocks and 50 percent in a Treasury bond portfolio. As of Oct. 27, this model portfolio retirement account has declined in value to $82,400, the worst annual performance of a 50/50 portfolio in the last 60 years , including the years of horrible stock market performance in  and .  requiring... + full article



Similar News

Why Retirees With Existing Mortgages Should Take A HECM Reverse Mortgage

Forbes USA Business November 17, 2022

thumbnailRetirees should pay off their existing mortgage with a reverse mortgagegetty About 60% of the homeowners reaching 62 today have outstanding mortgage balances, and most of them have limited financial assets. Such retirees, concerned (as most are) with having enough spendable... + más

4 ways a reverse mortgage can help you | CBS News

Don’t Be Complacent During The “Critical Retirement Decision” Zone | Forbes


Tank America opens in Orlando with 17-ton tank driving experience

Orlando Sentinel USA Entertainment November 05, 2022

thumbnailTucked in the woods of urban Orlando, just off Forsyth Road near Colonial Drive, there’s trouble afoot with enemy troops lurking and the scene of a plane crash in the trees. At least this is the narrative tourists will experience while driving a 17-ton tank — what some might... + más

Music listings: Oct. 14-20 | Orlando Sentinel

Music listings: Oct. 7-14 | Orlando Sentinel


Council Post: The Tax-Efficient Checklist You Should Be Reviewing Annually

Forbes USA Business November 04, 2022

thumbnailFounder and Financial Advisor of , a leading independent wealth management and tax and accounting firm in Texas. getty As we enter the fourth quarter, it’s an optimal time to begin implementing year-end tax-saving strategies and review critical areas in your finances to ensure... + más

Council Post: 14 Essential Activities For Every Small-Business Owner’s Q4 Financial Checklist | Forbes

3 ways to get a bigger tax refund | CBS News


How To Avoid A Penalty On A Late RMD When The Error Isn’t Yours

Forbes USA Business November 01, 2022

thumbnailIf you miss a required minimum distribution from an IRA account that was inherited in the same year ... [+] the account owner died, what should be your next steps be to remedy the situation?getty Surprise: Failed RMDs Can Affect Beneficiaries of Any Age One of the stiffest tax... + más

IRS Waives The 50% Excise Tax For 2021 And 2022 RMD Failures For Some Beneficiaries | Forbes

'This is a real benefit': IRS has good news if you filed your taxes late during the pandemic —but you need to act before this deadline | MarketWatch


IRS Waives The 50% Excise Tax For 2021 And 2022 RMD Failures For Some Beneficiaries

Forbes USA Business October 11, 2022

thumbnailIf you did not take your required minimum distribution from your inherited IRA in 2021 or 2022 because of the confusing messaging from the SECURE Act, and you fall into a specific class of beneficiary, you do not owe the usual 50% excise tax on RMD shortfalls. Friends meeting up... + más

IRS Extends Tax Deadlines For Hurricane Ian Victims In North Carolina And South Carolina | Forbes

Lack Of Guidance Regarding Stock Buyback Excise Tax Worries Companies | Forbes


IRS delays guidelines, waiving penalties for some inherited retirement accounts until 2023

CNBC USA Business October 10, 2022

thumbnailZinkevych iStock Getty ImagesIf you inherited a retirement account in 2020 or 2021, the IRS is waiving penalties for some heirs who needed to start taking required minimum distributions right away, according to a .The new rule won't apply until 2023.Typically, there's... + más

Got a tax extension? The deadline for filing your return is almost here. | CBS News

Republicans plan immediate IRS oversight if they take control of the House | Fox News


Don’t Be Complacent During The “Critical Retirement Decision” Zone

Forbes USA Business October 08, 2022

thumbnailDon't ignore or put off critical decisions you face as you transition into retirement. getty As you transition into retirement, you face many important decisions that will impact your quality of life for the rest of your life. The trouble is, many people ignore or put off... + más

Hurricane Ian Reminds Us Of 3 Retirement Risks Few Consider | Forbes

Think retirement is out of reach? Here's what you need to know | Los Angeles Times



About iurex | Privacy Policy | Disclaimer |