Roth IRA

Still waiting on your IRS refund? You're not alone! The IRS Taxpayer Advocate has announced 35 million tax returns have not been processed. They're severely short-staffed and refunds are delayed. Clark's tax filing strategy to save you some trouble. / Promising news on the price of prescription medicine: A new program for prescription insulin has the potential to shake up the … [Read more...] about 7.12.21 IRS delays / Promising news on Rx costs – Action News Jax

By Mark McGahee Do you have an IRA? As you enter your 70s, you may start to look at that IRA not only as an asset, but also as a problem. By law, you must take required minimum distributions from a Traditional IRA once you reach age 72; there are very few exceptions to this. The downside of these distributions? The entire distribution is taxable. (You never have to take … [Read more...] about All about qualified charitable distributions – The Suffolk News-Herald

Still waiting on your IRS refund? You're not alone! The IRS Taxpayer Advocate has announced 35 million tax returns have not been processed. They're severely short-staffed and refunds are delayed. Clark's tax filing strategy to save you some trouble. / Promising news on the price of prescription medicine: A new program for prescription insulin has the potential to shake up the … [Read more...] about 7.12.21 IRS delays / Promising news on Rx costs – FOX23 News

Personal Finance Insider writes about products, strategies, and tips to help you make smart decisions with your money. We may receive a small commission from our partners, like American Express, but our reporting and recommendations are always independent and objective.Bottom line: Axos Invest Managed Portfolios is best for goal-based, passive investors who want to avoid the … [Read more...] about Pros, Cons, and Who Should Set up an Account

Billionaire investor Peter Thiel managed to grow less than $2,000 into more than $5 billion of tax-free savings in just two decades, according to leaked IRS data. The enormous chunk of wealth was reported by investigative nonprofit site ProPublica on Thursday as part of a series of stories about the ultrawealthy that is being written using a trove of thousands of … [Read more...] about PayPal founder Peter Thiel amassed $5B fortune in Roth IRA, tax leak reveals