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IRAs

How to Report a K-1 on an IRA Account

Generally speaking, earnings on an IRA account are tax exempt until you begin taking distributions. However, certain situations ex...
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How to Document IRA Withdrawals for Medical Bills

In general, money in your IRA is supposed to stay there until you reach age 59-1/2. The IRS recognizes, however, that unexpected d...
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Can I Cash Out My 401k While I Am Still Employed?

If you’ve fallen on hard times and need extra money, cashing out your 401k account may seem like an attractive idea. It̵...
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How to Open a Roth IRA for Someone Else

You can open a Roth IRA for anyone who qualifies. If your recipient has time to wait before using the funds, a Roth IRA can be an ...
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How to Find a Lost IRA Account

You might think it almost inconceivable that someone would misplace the information about an Individual Retirement Account (IRA) c...
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