Some of these may provide big savings. The Internal Revenue Code is around 700 pages thick – not as long as War and Peace or Remembrance of Things Past, but much drier reading. However, some very nice tax breaks may be found within its pages and amendments. Not all are well-known. Reducing America’s debt. If…
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Early Distributions from Retirement Accounts
There are times when people really need money – and in those times, a retirement account may seem like a conveniently liquid resource to tap. What’s the harm in taking an early distribution from a tax-deferred retirement plan? Well, the tax bite could be considerable. Big taxes may await you. If you are younger than…
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Monthly Economic Update – April 2011
THE MONTH IN BRIEF Would you believe the Dow Jones Industrial Average managed to eke out a gain in March? It rose 0.76% on the month, even as a plethora of troubling headlines rocked the world and Wall Street. At home, the unemployment rate was descending and consumers increased their spending (though mainly in response…
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Monthly Economic Update – March 2011
THE MONTH IN BRIEF As a call for democracy spread across the Middle East in February, U.S. stocks posted a nice advance, responding more to earnings reports and domestic economic indicators than headlines from abroad. Historically, this February was a pleasant anomaly; the Dow, NASDAQ and S&P 500 all registered monthly gains of 2.8% or…
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Men Vs. Women
This is a short post that I thought you'd enjoy. It has very little to do with money, finances, or insurance. My wife and I are re-doing a few parts of our house, picking out paint, carpet, lighting, furniture, etc. So far, we have pretty much agreed on everything (ie, i have gone along with…
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