As a rule-of-thumb, retirees, for some time now, have been advised to count on spending 70 to 85 percent of their paychecks received “just before retirement.” Yet, according to a…
While a conventional IRA offers an immediate tax break, a Roth IRA offers tax-free withdrawal for all growth, provided the money is withdrawn after fifty-nine and a half. If the…
The rules for determining capital gains on homes before 1997 were complicated. Therefore, congress passed the Taxpayer Relief Act to simplify the process and to provide relief for taxpayers on…