IRA Withdrawals that Escape the 10% Tax Penalty
Outlined below are the circumstances under which individuals may withdraw from an IRA prior to age 59 1/2, without a tax penalty. Ordinary income tax, however, generally is due on such distributions.
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A Penny Saved is Two Pennies Earned
The famous saying from Poor Richard's Almanack is frequently misquoted. It was published by founder Benjamin Franklin in 1737: "A penny saved is two pence clear." Finding ways to manage expenses is one of the cornerstones of a sound financial strategy.1 Here are some simple and inexpensive energy-saving tips that may help you save money.
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Tax Rules When Selling Your Home
How the gains from the sale of a primary residence are taxed has changed in recent years. If you have recently sold your home, or are considering doing so, you may want to be aware of these new rules.
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Dividing the Costs of a College Education
Planning for your children's education is a long-term effort. With college costs on the rise, starting early is key, but what about getting some other important individuals on board?
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