#tax-implications

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#real-estate #retirement-planning #capital-gains-tax #home-equity #financial-planning #401k-rollover
US news
fromBusiness Insider
7 hours ago

I advise lottery winners. People are shocked by how little guidance you get - here's what to do if you win the Powerball.

Choose between a lump sum and annuity based on tax consequences and personal money-management tendencies, with lump sums often offering greater control despite higher immediate taxes.
#401k-rollover
from24/7 Wall St.
3 weeks ago
Business

A Roth IRA Conversion Sounds Smart, but Is It Right for Your 401(k)?

When leaving a job, roll your 401(k) into a new retirement account—preferably an IRA or Roth IRA—to avoid taxes, penalties, and unmanaged plans.
from24/7 Wall St.
8 months ago
Retirement

I Thought I Had My Finances Under Control Until My 401k Transfer Went Wrong

Rollover issues from a 401(k) to an IRA can lead to tax complications if not handled correctly.
more#401k-rollover
from24/7 Wall St.
3 months ago

Why I Questioned JEPQ's High Returns and What You Should Know About Dividend Funds

The JPMorgan Nasdaq Equity Premium ETF ( NASDAQ:JEPQ) is a case study in higher yields not always being better for investors. On the surface, JEPQ's 9.96% SEC yield looks like a compelling opportunity for investors. If you invest $100,000 into the fund, you will receive $9,960 in annual cash flow. Most dividend stocks and funds can't keep up with that type of yield.
Business
fromAbove the Law
3 months ago

Lawyer Gives Employees The Afternoon Off After Taylor Swift And Travis Kelce Engagement - Above the Law

The news, dropped in the most millennial-coded way possible, a joint Instagram post, broke smack in the middle of the work day. And *millions* (yours truly included) found it difficult, to say the least, to focus on work while speculating with the respective group chats about the potential details of America's royal wedding. And Monroe knew that. So she gave folks the afternoon off.
Marketing
#real-estate
more#real-estate
Real estate
fromSFGATE
4 months ago

Thinking of Selling the Family Home? Here's How To Make the Most of It-for You and Your Kids

Older homeowners are motivated to sell primarily by healthcare costs, maintenance concerns, and the need to help their grown children.
E-Commerce
fromIndependent
4 months ago

Thinking of selling your employer shares? An expert guide to looking before you leap...

Risk exposure, market demand, and tax bills are critical for maximizing restricted stock units (RSUs).
fromSFGATE
4 months ago

5 Key Takeaways: Capital Gains Tax Rules and Divorce

Most homeowners qualify for a capital gains exclusion of up to $250,000 (individual) or $500,000 (married couple) if they meet residency requirements.
Real estate
Toronto Maple Leafs
fromEditor In Leaf
5 months ago

CBA changes could harm Maple Leafs' ability to attract top free agents

Changes in the new CBA will negatively affect the Toronto Maple Leafs' ability to attract free agents due to tax implications on signing bonuses.
Real estate
fromSFGATE
5 months ago

12% of Homeowners in Oklahoma Will Face a Hidden Home Equity Tax If They Sell

Oklahoma homeowners face unexpected capital gains taxes as home values rise, affecting financial planning even in times of equity growth.
fromSFGATE
5 months ago

46.1% of Homeowners in New York Will Face a Hidden Home Equity Tax If They Sell

In New York, 46.1% of homeowners possess home equity that exceeds IRS capital gains tax exclusions, leading to potentially significant tax liabilities upon sale.
New York City
fromSFGATE
5 months ago

50% of Homeowners in New Hampshire Will Face a Hidden Home Equity Tax If They Sell

In New Hampshire, 50% of homeowners have more home equity than the IRS exclusion for capital gains tax, with 9.3% of married couples exceeding the $500,000 limit.
Real estate
Real estate
fromSFGATE
5 months ago

22.5% of Homeowners in Minnesota Will Face a Hidden Home Equity Tax If They Sell

Minnesota homeowners face unexpected capital gains tax due to rising home values exceeding outdated federal limits.
#social-security
from24/7 Wall St.
6 months ago
Retirement

I Just Received a Giant Check from Social Security - What Should I Do with the Back Payments?

Unexpected Social Security windfalls can provide retirees with significant financial relief and opportunities that they did not anticipate.
from24/7 Wall St.
8 months ago
Retirement

3 Harsh Social Security Truths You Need to Know

Social Security should not be the only source of retirement income.
more#social-security
from24/7 Wall St.
7 months ago

1 in 20 side hustles now make over $10,000 per month

A side hustle can provide extra income but achieving significant earnings often requires specialized skills and an understanding of tax implications.
Startup companies
Retirement
from24/7 Wall St.
8 months ago

I'm getting ready to retire next year and want to sell some stocks and buy bonds - what's the smartest way to do this?

Diversifying from stocks to bonds is crucial for this couple's retirement strategy.
Gradually selling stocks, especially from retirement accounts, minimizes tax implications.
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