Income for Surviving Spouse
Harold and Helen were concerned about planning for the future. They had built a substantial estate of $1,200,000. When Harold was 70, he rolled over his $400,000 qualified retirement plan into an IRA. >>>read further
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Housing Help for Retirees Looking to Relocate
Dear Savvy Living,
I've heard that Congress recently passed a new homebuyer's tax credit available to older homeowners. What can you tell me about this? My wife and I have been thinking about downsizing to a smaller one-story house or condo and would like to find out if this could benefit us. >>>read further
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Tax-Free Sale
Gene and Carol White were age 55 when they purchased some development land outside of town. They thought it would be a good investment that they could later sell for a higher price. They have owned the property for 10 years and now would like to sell. >>>read further
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White House Budget Changes Taxes
On February 1, 2010, the White House released the budget for fiscal year 2011. The budget projects a spending level of $3.8 trillion and a deficit of $1.56 trillion. >>>read further
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Stocks - Toyota Gives Favorable Report Despite Recall >>>read further
Bonds - Treasurys Rise on Unemployment Report >>>read further
CD's and Mortgages - Mortgage Rates Remain Stable and Low >>>read further
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