If you’re considering investing in mutual funds before the end the year, be sure to check when it is paying its capital gains distribution. It’s not a good idea www.accordingtoinsurance.com accordingtoinsurance according to insurance Website according to insurance com to pay taxes on gains that you did not take advantage of. –Read more
Be Careful of Your Retirement Savings
The IRS sets limits on the amount that you can put into retirement accounts eligible for special tax treatment. The limit is $19,500 for 401(k) and as high as $26,000 for people who are 50 or over at the end of the year. The limits for IRAs are based on age. the limitations for IRAs are $6,000 or $7,000
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