Family Income & Losses

 

Tax Breaks for Grandparents

The tax law does not contain any tax rules specifically for grandparents. However, there are a number of breaks that grandparents can avail themselves of to reduce their tax bills while helping their ...

5 Things You Didn’t Know About Health Savings Accounts

Health care costs may not be increasing at the same pace as in prior years, but costs for most people have not gone down. One solution for finding more affordable health coverage, especially for those...

Does It Pay to Be Old?

That may be the conclusion you reach when you see the tax breaks limited to those of a certain age:Medical and dental expenses. While most taxpayers can itemize these costs only if the total excee...

Lifetime Uses of Life Insurance Policies

Life insurance is designed to provide a surviving spouse, children, or other beneficiaries with funds after the insured’s death. It can also be used for other important purposes, such as buying out ...

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