-
IRA Tax-Free Charitable Contributions Extended
Tweet Share on Facebook January 25, 2013 CommentIRA investors who wish to donate some of their retirement savings to a charity are now eligible to make tax-free transfers that will count toward tax year 2012, if they act quickly. Individuals age 70 ½ or older have until January 31, 2013 to make a direct transfer to an eligible charity. And people who received IRA distributions in December 2012 may contribute part or all of the amount received to a charitable institution tax-free.
-
How Entitlements Influence When People Retire
Tweet Share on Facebook January 17, 2013 CommentWorkers have a variety of strategies for deciding when they will retire. Eligibility for various forms of retirement benefits, especially Medicare and Social Security, often plays a key role in the decision-making process. Here is how workers are determining the best age for retirement:
