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Health Savings Accounts: Underused tools for retirement | Chattanooga Times Free Press

U.S. healthcare costs accelerated nearly twice as fast as inflation over the past 40 years, prompting employers to adopt insurance plans with higher deductibles.

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Rollovers In The Crosshairs - InsuranceNewsNet

Advisors must be in compliance with the new Department of Labor investment advice rule by the end of January. The impact on rollover business is significant.

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DOL Drops 'Bomb' On Advisors Who Give Advice To IRA Owners

In the Investment Advice PTE, effective since Feb. 16, 2021, the DOL announced that most recommendations to make a rollover are considered fiduciary investment advice.

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Taxes 2020: Everything you need to know about filing this year

Taxes 2020: Everything you need to know about filing this year
CNN
1 hr ago
© Shutterstock
Okay, last call.
Next Monday, May 17, is the official deadline for individuals to file their 2020 federal tax return, and in most instances their state tax return, too.
It's a month later than usual, thanks to the pandemic. But the filing deadline's not the only thing that's changed. Many of the upheavals over the past year have caused other changes to your taxes. Due to the Covid crisis, there are plenty of new and revised provisions and important dates you will need to know about before filing your return this year.

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Monday's tax day - but Texans get until June; here's what you need to know about filing

Monday's tax day - but Texans get until June; here's what you need to know about filing
kvia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from kvia.com Daily Mail and Mail on Sunday newspapers.

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2020 taxes: Everything you need to know about filing this year

2020 taxes: Everything you need to know about filing this year
CNN
2 hrs ago
© Shutterstock
Okay, last call.
Next Monday, May 17, is the official deadline for individuals to file their 2020 federal tax return, and in most instances their state tax return, too.
It's a month later than usual, thanks to the pandemic. But the filing deadline's not the only thing that's changed. Many of the upheavals over the past year have caused other changes to your taxes. Due to the Covid crisis, there are plenty of new and revised provisions and important dates you will need to know about before filing your return this year.

Arkansas , United-states , Montana , Louisiana , Alabama , Nevada , District-of-columbia , Alaska , Vermont , Delaware , Minnesota , California

Tax Day is Monday. Here's everything you need to know about filing your 2020 taxes.

Monday, May 17, is the official deadline for individuals to file their 2020 federal tax return, and in most instances their state tax return, too.

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Tax Day is Monday. Here's what you need to know after a year of pandemic stimulus checks

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Tax Day is Monday. Here's what you need to know after a year of pandemic stimulus checks
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Updated: 10:53 PM EDT May 13, 2021
By Jeanne Sahadi, CNN Business
Tax Day is Monday. Here's what you need to know after a year of pandemic stimulus checks
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Updated: 10:53 PM EDT May 13, 2021
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SOME SAVINGS, BUT SOME CAUSE. AS THE PANDEMIC BROUGHT LIFE AS WE KNEW IT TO A STANDSTILL LAST YEAR, A LOT OF PEOPLE QUICKLY FOUND THEMSELVES IN NEED OF HELP, FREEFALLING, SO CONGRESS TRIED TO SOFTEN THE BLOW USING TAX CHANGES. FIRST, BY LETTING PEOPLE TAKE MONEY OUT OF THEIR 401KS LAST YEAR WITHOUT THE NORMAL 10% TAX PENALTY. BUT THERE IS A CATCH. >> IF YOU WERE IMPACTED BY COVID. BEN: WHICH MEANS YOU MUST SHOW FINANCIAL IMPACT, YOU CAN’T USE THE MONEY FOR A TRIP OR A HOME RENOVATION. CONGRESS ALSO CHANGED THE RULES ON DONATIONS TO CHARITIES TO HELP PEOPLE IN NEED. ALLOWING EVEN PEOPLE WHO DON’T ITEMIZE THE ABILITY TO DEDUCT $300 WORTH. THAT CAP IS THE SAME NO MATTER IF YOU FILE A SINGLE RETURN OR JOINTLY, AND IT CAN’T INCLUDE DONATIONS OF OTHER ITEMS LIKE CLOTHING OR FURNITURE. >> IT IS A PAST CONTRIBUTION TO A CHARITY. REPORTER: -- BEN: WE WENT TO JOHN WARREN, AN IRS ENROLLED AGENT, A TAX EXPERT, FOR GUIDANCE ALL WEEK. HE SAYS THE PANDEMIC MIGHT ALSO LEAD TO SOME LARGER THAN NORMAL SURPRISE TAX BILLS, INCLUDING FOR HIGH SCHOOL OR COLLEGE KIDS WHO COLLECTED UNEMPLOYMENT. >> THAT MONEY IS CONSIDERED UNEARNED INCOME ON A TAX RETURN. THE UNEARNED INCOME IS TAXED AT THE PARENTS’ TAX RATE. BEN: PLUS, ANYONE WHO RELIES ON DEDUCTING INTEREST PAID ON STUDENT LOANS MIGHT SUDDENLY FIND THEMSELVES OUT OF LUCK. BECAUSE INTEREST ON FEDERALLY-OWNED STUDENT LOANS WAS FROZEN STARTING LAST MARCH. NO INTEREST PAID MEANS NO TAX DEDUCTION. STILL, IT’S A GOOD IDEA TO PAY AS MUCH AS YOU CAN ON YOUR L

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Tax Day is Monday. Here's everything you need to know about filing your 2020 taxes

(CNN) - Next Monday, May 17, is the official deadline for individuals to file their 2020 federal tax return, and in most instances their state tax return, too.
It's a month later than usual, thanks to the pandemic. But the filing deadline's not the only thing that's changed. Many of the upheavals over the past year have caused other changes to your taxes. Due to the COVID crisis, there are plenty of new and revised provisions and important dates you will need to know about before filing your return this year.
Here are some of the most important ones.
Why May 17?
While the original filing and payment due date was April 15, the IRS has pushed the deadline to May 17 to give individual filers, tax preparers and the IRS itself more time to sort through the many changes affecting one's 2020 taxes from the latest Covid relief package. As it is, the filing season started a few weeks late this year since the IRS had its hands full administering provisions, like stimulus checks

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Tax Day is Monday. Here's everything you need to know about filing your 2020 taxes.

Millions of Americans are expecting a tax refund. Many will use it on things like bills, debt and other essentials. If you donât have any pressing financial matters to pay for at the moment, you may look at investing it in your future. PennyGemâs Johana Restrepo has more.
Okay, last call.
Monday, May 17, is the official deadline for individuals to file their 2020 federal tax return, and in most instances their state tax return, too.
It's a month later than usual, thanks to the pandemic. But the filing deadline's not the only thing that's changed. Many of the upheavals over the past year have caused other changes to your taxes. Due to the COVID crisis, there are plenty of new and revised provisions and important dates you will need to know about before filing your return this year.

Arkansas , United-states , Montana , Louisiana , Alabama , Nevada , District-of-columbia , Alaska , Vermont , Delaware , Minnesota , California