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  2. When are Taxes Due? Important 2020 Tax Deadlines and Dates - AOL

    Generally, you have three years from the tax return due date to claim a tax refund. That means for 2020 tax returns, the window closes on April 15, 2024. After three years, unclaimed tax refunds...

  3. 401(k) - Wikipedia

    In the United States, a 401 (k) plan is an employer-sponsored, defined-contribution, personal pension (savings) account, as defined in subsection 401 (k) of the U.S. Internal Revenue Code. [1] Periodical employee contributions come directly out of their paychecks, and may be matched by the employer. This legal option is what makes 401 (k) plans ...

  4. Roth 401(k) - Wikipedia

    IRS Raises 2022 401 (k) Contribution Limit to $20,500, a $1,000 boost from 2021 contribution limits. Additional considerations Roth 401 (k) contributions are irrevocable; once money is invested into a Roth 401 (k) account, it cannot be moved to a regular 401 (k) account.

  5. 2020 United States federal budget - Wikipedia

    The United States federal budget for fiscal year 2020 ran from October 1, 2019 to September 30, 2020. The government was initially funded through a series of two temporary continuing resolutions.

  6. IRA required minimum distributions - Wikipedia

    Although the rules require RMDs to begin by April 1 of the year after the individual reaches age 72, participants in an employer-sponsored plan can usually wait until April 1 of the year after retirement (if later than age 72) to begin distributions unless the individual owns 5% or more of the employer who is sponsoring the plan.

  7. Thrift Savings Plan - Wikipedia

    The Thrift Savings Plan (TSP) is a defined contribution plan for United States civil service employees and retirees as well as for members of the uniformed services.As of December 31, 2020, TSP has approximately 6.2 million participants (of which approximately 3.8 million are actively participating through payroll deductions), and more than $735.2 billion in assets under management; it is the ...

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