Pension maximizer: boon or bust?
Article Abstract:
Pension plan payments can be made as single-life or as joint-and-survivor payouts. Pension maximization refers to the single-life option, which guarantees payments for life. Benefits and disadvantages of the payment options are examined.
Publication Name: Modern Maturity
Subject: Personal finance
ISSN: 0026-8046
Year: 1992
User Contributions:
Comment about this article or add new information about this topic:
Are you an 'innocent' spouse?
Article Abstract:
Joint income tax returns carry joint liability. When one spouse claims false deductions or hides unreported income, the innocent spouse may not be liable for understated tax. IRS rules regarding liability for joint returns are examined.
Publication Name: Modern Maturity
Subject: Personal finance
ISSN: 0026-8046
Year: 1992
User Contributions:
Comment about this article or add new information about this topic:
A guide to gift taxes
Article Abstract:
Gift tax is not to be confused with income tax. No tax liability is involved for gifts up to $10,000 from a single donor or gifts up to $20,000 from a married couple. Rules for gift taxes are examined.
Publication Name: Modern Maturity
Subject: Personal finance
ISSN: 0026-8046
Year: 1992
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: Never too young to learn. Taking control has paid off
- Abstracts: Retirement Strategies rethought. Are you in Excess? A worthy sacrafice?
- Abstracts: Look beyond the banks. Smooth economic ride to continue ... for now. Planning for when life isn't picture perfect
- Abstracts: An investment alternative. Objets of desire
- Abstracts: Ties that blind: facing up to the family secret. To hell and back: POW remembers the horrors of captivity. Hidden legacies