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Tax season is the perfect time to plan for your future. Here’s a thorough guide to taxes in retirement to help you.
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Whether youâre saving money in a bank account or investing it in the market, you want some reassurance that itâs safe. The Federal Deposit Insurance Corporation (FDIC) and the Securities Investor Protection Corporation (SIPC) ensure banks and other financial institutions, ⦠Continue reading â
The post SIPC vs. FDIC: Understanding Key Differences appeared first on SmartAsset Blog.
In basic terms, home equity is the percentage of your homeâs overall value that you personally own. So if you owe money on a mortgage, that part isnât included in your equity. There are multiple ways to tap into home ⦠Continue reading â
The post Reverse Mortgage vs. HELOC vs. Home Equity Loan appeared first on SmartAsset Blog.
When tax season rolls around, your mailbox might fill up with W-2s and other forms that youâll need to file your return. An Internal Revenue Service (IRS) Form 1099-R might be in the mix if you received certain types of ⦠Continue reading â
The post What Is a 1099-R Form? appeared first on SmartAsset Blog.
When the market is soaring, itâs easy to forget that what goes up can also come down. But economic slowdowns tend to be cyclical, which means that another recession is in the future. Whether itâs fast-approaching or still a ways off, itâs ⦠Continue reading â
The post 5 Things to Invest in When a Recession Hits appeared first on SmartAsset Blog.
Writing checks may not be something you do often. But if you do write a check, itâs important to make sure you have enough money in your bank account to cover it. If you donât, your bank might charge a ⦠Continue reading â
The post What Is a Returned Check Fee? appeared first on SmartAsset Blog.
Creating a trust as part of your estate plan is something you might consider if youâd like to ensure that your assets will be managed according to your wishes after youâre gone. When you establish a trust, youâll need to ⦠Continue reading â
The post Can a Trustee Remove a Beneficiary From a Trust? appeared first on SmartAsset Blog.