What’s New in SECURE Act 2.0?
In the dark of the night, snuggled within the 4,000+ page Omnibus Bill meant to keep the machine of government well-oiled, lies a passage that may change the future of retirement saving.
IRS Announces New Lifetime and Gift Tax Exemptions
The Internal Revenue Service Today announced new inflation-adjusted limits for 2023 that will allow well-off individuals to transfer much more to their heirs tax free during life—or at death.
Prisoner Claims He is Tupac Reincarnated and Entitled to His Estate
A Colorado inmate filed a lawsuit in New York to obtain Tupac Shakur’s estate because he believes he’s the late rapper reincarnated.
Is Private Sector Medical Care Better than the VA?
Veterans who use community care programs to access private sector medical appointments may not be receiving faster, better or less expensive care than if they used Veterans Affairs physicians, according to a new outside analysis of the health care options.
No Inheritance Tax for King Charles III
King Charles III has ascended to the U.K. throne, but he won’t have to pay the U.K.’s inheritance tax on the massive wealth he inherits from his late mother, Queen Elizabeth II. That’s because of a deal the royals made with the government nearly 30 years ago.
Can Dementia Be Prevented?
Socializing, taking classes and exercising may boost your brain’s cognitive reserve and stave off memory and thinking problems down the road, a new study suggests.
What Impact will Inflation Have on Retirees?
Inflation hurts everyone. It seems to reach every sector, product and business in one way or another, whether it raises the cost of heating your home, lunches or road trips. However, if you’re a retiree, you may be particularly worried about inflation because your spending habits and income sources might be disproportionately exposed to inflation.
RMD Formula Changes for First Time in 20 Years
The IRS has good news for retirees: you can now keep more money in your tax-deferred retirement accounts thanks to lower required minimum distributions (RMDs).
What the Latest Dementia Study Says about Links with Certain Medicines
Controversy regarding the purported link between the use of proton pump inhibitors (PPIs) or histamine H2 receptor antagonists (H2RAs) and risk for dementia continues.
Eat an Avocado for Your Heart
Try replacing your morning bacon with some of this.