Month: May 2024

The IRS recently announced that in 2024, for the fourth consecutive year, IRA beneficiaries don’t have to take the annual required minimum distributions (RMDs) described in the proposed regulations interpreting the 10-year rule of the SECURE Act. Recall that in late 2019 the Setting Every Community Up for Retirement Enhancement (SECURE) Act was enacted. One
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Another earnings report, another sell-off in extended trading for Palo Alto Networks . But like the two releases preceding Monday night’s results, we’re looking at the decline as buying opportunity for long-term investors. Revenue during the cybersecurity company’s fiscal 2024 third quarter increased 15% year over year to $1.985 billion, beating the consensus estimate of
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President Joe Biden announces student loan relief with Education Secretary Miguel Cardona, right, in the Roosevelt Room of the White House in Washington, D.C., Aug. 24, 2022. Olivier Douliery | AFP | Getty Images In attempts to fix the country’s $1.6 trillion student loan system, the Biden administration has routinely announced forgiveness of large shares
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Young woman feeling concerned about grocery prices on the bill in the supermarket. Lordhenrivoton | E+ | Getty Images Many shoppers have been shocked by what they pay at the grocery store checkout. Food prices shot up amid broader inflation in recent years, and remain high for many staples. As consumers struggle with elevated food
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Aj_watt | E+ | Getty Images A recent Social Security report showed a strong economy has helped the program. Still, Social Security’s trust funds may be depleted in the next decade, if no changes happen sooner. Many Americans have a misplaced worry that benefits will disappear. “The biggest myth about Social Security is that when
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