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401(k)s Are Now Open to More Part-Time Workers
The 401(k) plan is one of the most popular qualified retirement plans around. However, in the past eligibility was generally restricted to an employer’s full-time employees.
The 401(k) plan is one of the most popular qualified retirement plans around. However, in the past eligibility was generally restricted to an employer’s full-time employees.
If you meet the tax law requirements and are receiving Supplementary Security Income (SSI) and/or Medicaid benefits, you’re automatically eligible to participate.
Many of the changes for individuals in the Tax Cuts and Jobs Act (TCJA) are temporary and are scheduled to expire after 2025. But some are permanent provisions of the tax code.
Americans with a financial interest in or signature authority over a foreign financial account are required to file an FBAR if the aggregate value of all foreign accounts is more than $10,000.
Charged with a conspiracy to claim $111 million in tax refunds using the stolen identities of accountants and taxpayers by filing at least 371 false tax returns.
The new law enhances the benefits of making “qualified charitable distributions” (QCDs) from a taxpayer's IRAs.
These changes provide more flexibility and tax relief to owners of retirement accounts. If you have any questions, don’t hesitate to contact your tax and financial advisors.
73% of workers with a side hustle are actively thinking about quitting their job. 60% of workers said that they would rather quit their job than return to the office five days a week.