Getty getty Over the last few years there have been a lot of changes in required minimum distributions (RMDs) for IRAs and other retirement plans. It’s important to know the current rules, so you don’t pay more income taxes than you need to or incur the highest penalty in the tax code. The penalty for
Taxes
Virtual currency is one of the few success stories of 2020. In March of 2020 Bitcoin was around $4,000 per Bitcoin, and by December 2020 it was up to just below $30,000 per Bitcoin. Investors and market watchers were not the only ones paying attention to the meteoric rise of virtual currency – the Department
Ask Larry Economic Security Planning, Inc. Today’s column addresses questions about how vacation pay can be counted regarding the earnings test, whether benefits for a disabled child are automatic or must be separately filed for and whether restricted application must be made in person or can be done online. Larry Kotlikoff is a Professor of
SAN FRANCISCO, CA – DECEMBER 01: The Salesforce Tower, the city’s highest building, on December 1, … [+] 2020 in San Francisco, California. Recent workforce changes are leading to speculation about the tower’s future. (Photo by Stephen Lam/Getty Images) Getty Images As we approach the grim metric of 500,000 deaths due to Covid-19, analysts are grappling with
WASHINGTON, DC – FEBRUARY 22: U.S. President Joe Biden speaks during an announcement related to … [+] small businesses at the South Court Auditorium of the Eisenhower Executive Office Building February 22, 2021 in Washington, DC. President Biden announced changes to the Paycheck Protection Program aimed at helping small and minority-owned business to qualify for