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Posts Tagged ‘Estate

The House has passed legislation that would permanently extend this year’s estate tax rates and exemptions, but the Senate may not act on the bill before Jan. 1.

If an estate tax bill isn’t enacted by then, the federal tax on inherited assets would go away in 2010. The tax, however, would be scheduled to return in 2011 at much higher rates and lower exemptions.

Everyone agrees that doesn’t make sense, but that’s the situation Congress Read the rest of this entry »

The House has passed legislation that would permanently extend this year’s estate tax rates and exemptions, but the Senate may not act on the bill before Jan. 1.

If an estate tax bill isn’t enacted by then, the federal tax on inherited assets would go away in 2010. The tax, however, would be scheduled to return in 2011 at much higher rates and lower exemptions.

Everyone agrees that doesn’t make sense, but that’s the situation Congress Read the rest of this entry »

The Obama administration on Monday will propose raising nearly $60 billion over 10 years through changes to the estate tax law and closing certain domestic tax loopholes, an administration official said.

Funds raised will go to beef up a health care reserve fund, a $634 billion pot of money President Barack Obama wants to use to revamp the health care system and expand insurance to tens of millions of Americans who lack it.

The White Read the rest of this entry »

No doubt the current status of the stock market is greatly affecting your IRA and perhaps has started to change your outlook on the future and your retirement. Are you searching for answers? Perhaps you are feeling a bit trapped as you review your monthly statements. Now is the time to explore your options to ensure your nest egg is ready for retirement.

Did you know that the IRS affords you the flexibility to invest your IRA dollars in Read the rest of this entry »

No doubt the current status of the stock market is greatly affecting your IRA and perhaps has started to change your outlook on the future and your retirement. Are you searching for answers? Perhaps you are feeling a bit trapped as you review your monthly statements. Now is the time to explore your options to ensure your nest egg is ready for retirement.

Did you know that the IRS affords you the flexibility to invest your IRA dollars in Read the rest of this entry »

No doubt the current status of the stock market is greatly affecting your IRA and perhaps has started to change your outlook on the future and your retirement. Are you searching for answers? Perhaps you are feeling a bit trapped as you review your monthly statements. Now is the time to explore your options to ensure your nest egg is ready for retirement.

Did you know that the IRS affords you the flexibility to invest your IRA dollars in Read the rest of this entry »

No doubt the current status of the stock market is greatly affecting your IRA and perhaps has started to change your outlook on the future and your retirement. Are you searching for answers? Perhaps you are feeling a bit trapped as you review your monthly statements. Now is the time to explore your options to ensure your nest egg is ready for retirement.

Did you know that the IRS affords you the flexibility to invest your IRA dollars in Read the rest of this entry »

No doubt the current status of the stock market is greatly affecting your IRA and perhaps has started to change your outlook on the future and your retirement. Are you searching for answers? Perhaps you are feeling a bit trapped as you review your monthly statements. Now is the time to explore your options to ensure your nest egg is ready for retirement.

Did you know that the IRS affords you the flexibility to invest your IRA dollars in Read the rest of this entry »

No doubt the current status of the stock market is greatly affecting your IRA and perhaps has started to change your outlook on the future and your retirement. Are you searching for answers? Perhaps you are feeling a bit trapped as you review your monthly statements. Now is the time to explore your options to ensure your nest egg is ready for retirement.

Did you know that the IRS affords you the flexibility to invest your IRA dollars in Read the rest of this entry »