Money Today That Matters Tomorrow
See this updated article for the latest 401(k) and IRA Contribution, Eligibility, Income and Tax Deduction Limits The IRS has released updated 2014 limits for defined contribution (or pension) plans such as 401(k) and IRAs. This was delayed from the usual mid-October release due to the government shutdown. The annual limits …
[Update] –Â The Obama administration announced that it will give Americans who buy health insurance through the new online marketplaces an extra six weeks (until March 31st, the end of open enrollment) to obtain coverage before they incur a penalty. With all the news around the glitches plaguing the Obamacare website …
A short term budget deal has been reached and the government shutdown is over. The debt ceiling has also been raised which will allow the nation to pay its bills and service new debt/payment obligations. But the deal legislation includes a few interesting provisions which are summarized below The Senate …
In this blog I mainly write about topics related to saving, making and spending money. But I don’t write often enough about giving away money. Especially to people less fortunate than most. This was highlighted to me recently when I was at a downtown 7-Eleven where a number of people …
The Premium Tax Credit (PTC) allows you offset the monthly premium costs of health care plans purchased via official exchanges or government health insurance marketplaces. For nearly 5 million households, the PTC completely offsets their monthly premium (free health insurance!). Another 10 million benefit with reduced health care premiums. The PTC …