Home Sharing: A Growing Trend Among Homeowners I recently came across information regarding home sharing programs for homeowners and would like to learn more. I am in my late 60’s and interested in renting out a room in my house for extra income. What information can you share? Read More »
PERSONAL PLANNER
IRA and 401(k) Designated Beneficiary Options Each year, IRAs and 401(k)s are subject to required minimum distributions (RMDs). Because the distributions start at just under 4% at age 72 and then slowly increase, many IRA and 401(k) plans earn more than those payouts and will continue to grow. Read More »
WASHINGTON NEWS
IRS Hires 4,000 Phone Representatives With funding from the Inflation Reduction Act, the IRS is making progress toward its goal of improving phone support for the 2023 tax-filing season. On October 27, the IRS announced it hired 4,000 new customer service representatives. Read More »
DONOR STORY
Gift Annuity for Real Estate Jonathan purchased a home many years ago for $80,000. The home has appreciated substantially over the years and is now worth $420,000. Read More »
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