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2. What retirees can do right now to reduce next year's taxes - AOL

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   The marginal tax rate in 2024, for example, is 24% for incomes over $100,525 ($201,050 for married couples filing jointly). A decade ago, it was around 28%. “People who don’t really need the ...

3. Do retirees need to file a tax return this year? Savvy Senior ...

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   For example, if you earned more than $400 from self-employment in 2023, owe any taxes on an IRA, Health Savings Account or an alternative minimum tax, or get premium tax credits because you, your ...

4. The pros and cons of taking out a 401(k) loan - AOL

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   The ability to take out a loan helps make a 401 (k) plan one of the best retirement plans, but a loan has some key disadvantages. While you’ll pay yourself back, you’re still removing money ...

5. SEP-IRA - Wikipedia

   en.wikipedia.org/wiki/SEP-IRA

   SEP-IRA. A Simplified Employee Pension Individual Retirement Arrangement ( SEP IRA) is a variation of the Individual Retirement Account used in the United States. SEP IRAs are adopted by business owners to provide retirement benefits for themselves and their employees. [1] There are no significant administration costs for a self-employed person ...

6. Social Security Tax Cut: New Proposal Could Save Seniors Big ...

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   A few days later, Ricketts told a group of seniors, state senators and other stakeholders that his bill would cut the federal tax on Social Security benefits by 20% over two years. “This would ...

7. I'm a Senior. How Can I Increase My Retirement Income? - AOL

   www.aol.com/seniors-using-plan-retirement-income...

   The fund will pay 6% income from the target-date balance high mark, and if a participant’s account balance runs out before the end of his or her life, the product includes a guaranteed 4.5% ...