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#BestOf2021 What are the Tax Rates for an Inherited IRA?
on January 6, 2022
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The tax code is confusing. Are inherited IRAs taxed at estate rates? As income? At all? This article answers.
An Updated RMD Calculator (New Divisors for 2022)
on January 4, 2022
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There are different tables and formulas used to calculate your RMD divisor based on your particular circumstances. Here is a calculator for the three most common.
2022 Tax Facts
on December 31, 2021
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Here is a reference chart with 2022 income tax rates, capital gains rates, retirement contribution limits, and more.
#TBT Financial Help for the New Year
on December 30, 2021
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A 2007 article that stands the test of time. This is the year you should keep your financial resolutions. Getting help from an objective advisor can provide both a powerful catalyst for action and real peace of mind.
How to Spend: Be Quick to Return
on December 27, 2021
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Look at new items with a side eye and think, “Do I really want you here?”
Introduction to Freedom Investing (Podcast)
on December 24, 2021
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On Friday, November 5, 2021, Megan Russell was interviewed by Michael Morton of Financial Planning for Entrepreneurs podcast to discuss Freedom Investing.
How to Avoid an IRMAA Medicare Premium Surcharge 2022
on December 21, 2021
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To avoid getting issued an IRMAA, you can proactively tell the SSA of any changes your income has seen in the past two years using a “Medicare Income-Related Monthly Adjustment Amount – Life-Changing Event” form.
Review: Amazon Rewards Visa Signature Credit Card
on December 20, 2021
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All in all, this card is a fairly easy way to pay 5% less for any Amazon purchase.
Gift Ideas for 4-Year-Olds
on December 16, 2021
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As the proud mother of a now five-year-old daughter, I thought I’d record some of my and my firstborn’s favorite things from this past year as helpful ideas for gifts from grandparents.
Best Credit Cards of 2022 for Those with Excellent Credit
on December 14, 2021
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These credit cards won’t change your life, and they shouldn’t, but they can get back a very small portion of the money you spend each month.
Your Children Are Not Entitled To Your Retirement Savings
on December 13, 2021
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Hard work can often only be learned by struggling. You can’t teach your children to live within their means if you always supplement their means.
#TBT Five Ways to Thrift Your Empty Gearharts Chocolates Box
on December 9, 2021
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Hopefully, some of these ideas inspire you to reuse various treasures you didn’t know you had.
Account Funding Priorities for 2022
on December 7, 2021
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Which account you should fund depends on your circumstances. However, there are some general guidelines you can follow to make your decision.
2022 Contribution Limits
on December 3, 2021
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Even though it doesn’t feel like it sometimes, contribution limits are indexed to inflation.
Annuities: Just Say No.
on November 29, 2021
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You don’t need their product. You don’t even need to know why their specific product is bad. Just say no.