New & improved IRA rules; now it will be easier - and less taxing - to take money from your IRA and 401(k) accounts

Article Abstract:

The Internal Revenue Service has adopted new regulations that will simplify the calculation of required minimum distributions to IRAs and other retirement plans. Calculation examples, and other rule changes, are discussed.

United States, Laws, regulations and rules, Individual retirement accounts, Salary reduction savings plans, 401K plans, United States. Internal Revenue Service

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Spend your kids' inheritance; it's better for you - and for them

Article Abstract:

Many people continue to work after a normal retirement age so that they can build an inheritance for their children. This often creates a financial burden that is unnecessary, and unwanted by the children.

Social aspects, Economic aspects, Finance, Column, Parent and child, Parent-child relations, Retirees, Inheritance and succession

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Plan now for a richer retirement

Article Abstract:

Advice is presented for planning a substantially larger retirement income by saving a little more now.

Planning, Retirement income

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