Countries With The Most Millionaires

While America may have the most number of millionaires in absolute terms, it does not have the most per capita. Reflecting the shift in global wealth distribution, most of the countries where the per-capita number of millionaires exceeds that of the US are in Asia …

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2012 Tax Refunds Smaller Than 2011 Payments

The IRS recently published some statistics on 2011 tax returns (filed in 2012, excluding extensions) which revealed some interesting factoids, such as: – If you got a refund this year, chances are that it was lower than the one you received in 2011. The average …

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Average 401k and IRA Balances and Returns Up in 2012

[2012 returns and balances update] Fidelity Investments, the nation’s largest employer sponsored 401(k) administrator, recently published its 2012 statistics covering 20,200 401(k) plans with 12 million participants, showing that the average 401(k) balance was $75,900. This was the highest end-of-quarter average since the company it began tracking the data …

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Payroll Tax Credit and Unemployment Insurance Benefits Extension

See updated details on the potential 2020 payroll tax cut ______________________ [Updated- 2012 Payroll Tax Credit Holiday, Unemployment Benefits and Medicare Doctor Payments Extended to Dec 31st] With House Republican support Congress has passed legislation extending the federal payroll tax holiday through the end of …

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