Posts Tagged ‘withdrawal’
Understanding IRAs
An individual retirement arrangement (IRA) is a personal savings plan that offers specific tax benefits. IRAs are one of the most powerful retirement savings tools available to you. Even if you’re contributing to a 401(k) or other plan at work, you might also consider investing in an IRA. What types of IRAs are available? The…
Read MoreNew tax bill expands use of 529 Plans to private school tuition
URGENT call to action by 12/31 – new tax bill expands 529s As you may know, the U.S. Congress passed a tax reform bill that was signed into law by the President yesterday. Included in the law is a provision that expands the use of 529 accounts to pay for educational expenses like qualified elementary…
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