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May 23, 2024 at 8:40 AM. Pool via CNP / Shutterstock.com. On April 23, the Department of Labor announced it had finalized its Retirement Security rule to “protect the millions of workers who are ...
The potential tax implications could reach retirement accounts — like IRAs — as well. According to Blain, a Biden reelection could mean significant changes to the way retirement accounts are ...
Retirement legislation President Biden inked in December pushes the age that retirees must start taking required minimum distributions, or RMDs, from IRAs, 401(k)s, and 403(b) plans, to 73 this ...
In 2022, the Biden Administration unveiled two major changes for retirement plans in America, in addition to implicitly endorsing the more regular changes made by the SSA and the IRS.
Chief Justice John Roberts administers the presidential oath of office to Biden at the Capitol, January 20, 2021. On January 20, 2021, Biden was sworn in by U.S. Chief Justice John Roberts as the 46th president of the United States, completing the oath of office at 11:49 am EST, eleven minutes before the legal start of his term.
Updated December 25, 2022 at 1:03 PM. Nestled inside the $1.7 trillion government spending bill, which has passed Congress and is headed to President Biden's desk for a signature, is a suite of ...
If you make under $150,000 or have a combined family income under $300,000, you can get a $7,500 tax credit for qualifying new electric vehicles. For used electric cars, a $4,000 credit is ...
The economic policy of the Joe Biden administration, dubbed Bidenomics (a portmanteau of Biden and economics ), is characterized by relief measures and vaccination efforts to address the COVID-19 pandemic, investments in infrastructure, and strengthening the social safety net, funded by tax increases on higher-income individuals and corporations.