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  2. Housing affordability hits worst level in 37 years. It now takes 35.51% of the median household income to make a principal and interest payment on the average home.

  3. 529 plan - Wikipedia

    en.wikipedia.org/wiki/529_plan

    A 529 plan is a tax-advantaged investment vehicle in the United States designed to encourage saving for the future higher education expenses of a designated beneficiary. In 2017, K–12 public, private, and religious school tuition were included as qualified expenses for 529 plans along with post-secondary education costs after passage of the Tax Cuts and Jobs Act

  4. Monetary policy - Wikipedia

    en.wikipedia.org/wiki/Monetary_policy

    Monetary policy is the policy adopted by the monetary authority of a nation to control either the interest rate payable for very short-term borrowing (borrowing by banks from each other to meet their short-term needs) or the money supply, often as an attempt to reduce inflation or the interest rate, to ensure price stability and general trust of the value and stability of the nation's currency.

  5. Tax deduction - Wikipedia

    en.wikipedia.org/wiki/Tax_deduction

    Above and below the line. Above and below the line refers to items above or below adjusted gross income, which is item 37 on the tax year 2017 1040 tax form. Tax deductions above the line lessen adjusted gross income, while deductions below the line can only lessen taxable income if the aggregate of those deductions exceeds the standard deduction, which in tax year 2018 in the U.S., for ...

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  7. 401(k) mistakes most Boomers are making - aol.com

    www.aol.com/finance/401-k-mistakes-most-boomers...

    What Boomers Should Do Whenever possible, boomers should max out their 401(k) contributions and take advantage of catch-up contributions. For 2022, the 401(k) annual contribution limit is $20,050 ...

  8. Variable universal life insurance - Wikipedia

    en.wikipedia.org/wiki/Variable_universal_life...

    Variable universal life insurance (often shortened to VUL) is a type of life insurance that builds a cash value. In a VUL, the cash value can be invested in a wide variety of separate accounts, similar to mutual funds, and the choice of which of the available separate accounts to use is entirely up to the contract owner.

  9. Conservative Monday Club - Wikipedia

    en.wikipedia.org/wiki/Conservative_Monday_Club

    History Foundation and early years. The club was founded on 1 January 1961, by four young Conservative Party members, Paul Bristol (a 24-year-old shipbroker and the club's first chairman, who left the club in 1968), Ian Greig (Membership Secretary until 1969), Cedric Gunnery (Treasurer until 1992), and Anthony Maclaren.