By Reid JohnsonThe current administration has already spent $1.9 trillion on COVID relief and has plans to spend trillions more on infrastructure projects, Medicaid expansion, education, and climate investments.In order to fund these projects, the administration has proposed several tax-increasing measures on corporations and wealthy individuals. Under his plans, the corporate … [Read more...] about Are Higher Taxes On The Way? Having A Strategy Is Essential
How can you separate a Roth IRA’s principle and gain?
Q. Am I correct that if you convert to a Roth IRA, you can withdraw the amount converted at any time with no tax and the gain would be taxed if it is not in the account for five years? If this is correct, how do you distinguish when a withdrawal is made between principal or gain?— CalculatingA. Yours is a great question.Yes, you are correct that under current tax laws, you can … [Read more...] about How can you separate a Roth IRA’s principle and gain?
Is Roth IRA better for young workers? || Darrin Gifford
File/ eExtra News If you’re in the early stages of your career, you’re probably not thinking much about retirement. Nonetheless, it’s never too soon to start preparing for it, as time may be your most valuable asset. So, you may want to consider retirement savings vehicles, one of which is an IRA. Depend ing on your income, you might have the choice between a … [Read more...] about Is Roth IRA better for young workers? || Darrin Gifford
Ira Khan posts heartfelt wishes for boyfriend Nupur’s mother Pritam on her birthday
Ira Khan took to Instagram on Sunday to share a sweet picture of her boyfriend, Nupur Shikhare, and his mother, Pritam Shikhare. Ira shared the picture on the occasion of Pritam Shikhare’s birthday. She drew a heart around the two and wrote, ‘happy birthday.’The picture featured Nupur and Pritam posing for a picture together. Adorning a pink outfit, Pritam wears a sash with the … [Read more...] about Ira Khan posts heartfelt wishes for boyfriend Nupur’s mother Pritam on her birthday
Paychex is the Nation’s Largest 401(k) Recordkeeper
ROCHESTER, N.Y., Aug 6, 2021 /PRNewswire/ -- For the eleventh consecutive year, Paychex, Inc., has earned distinction as the largest 401(k) recordkeeper by total number of 401(k) plans. The company serves more than 90,000 plans. The ranking was announced as part of the annual PLANSPONSOR magazine's annual Recordkeeping Survey, a national publication dedicated to the pension and … [Read more...] about Paychex is the Nation’s Largest 401(k) Recordkeeper