Withdrawals

Do you have an inherited IRA? Here’s how to strategize your desired withdrawals Loaner

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Vizques / Shutterstock.com When you inherit an IRA, it’s more than just a financial windfall; It’s also a responsibility. The rules governing inherited IRAs are complex and can significantly affect how much you end up with after taxes, as well as how your money is managed over the long term. Whether you’re navigating SECURE Act … Read more

401(k) Taxes on Withdrawals and Contributions: Millennial Money Loaner

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401(k) accounts provide employees with many tax advantages, but when you need the money, there are tax consequences you must understand. The taxes you owe depend on several factors, including the type of account, your age, whether you are retired, and the reason for the withdrawal. In this article Tax basics on 401(k) accounts. You’ll … Read more