The money you’ re stuffing into your 401 and other retirement accounts has to be withdrawn someday. If you’ re not strategic about how you save, you could face unnecessarily high tax bills and inflated Medicare premiums in retirement— plus, you could be saddling your heirs with higher taxes. “You do not want to be in the position as some clients are that all of their…
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Federal Reserve officials were under fire as they convened their two-day policy meeting, during which they decided to raise short-term rates by a quarter of a percentage point to a peak benchmark range of 4.75% to 5%. Despite uncertainty in the banking sector, the Fed said that still-high inflation required action. The rate decision, along with events of the…
