Author: Grace Thompson

Starting in 2025, new rules regarding inherited Individual Retirement Accounts (IRAs) will take effect, impacting the way beneficiaries manage and withdraw funds. These changes are part of broader updates to tax regulations and are expected to influence financial planning strategies for those inheriting retirement accounts. Understanding the implications of this new rule is crucial for beneficiaries seeking to maximize the benefits of an inherited IRA while avoiding potential penalties. The 2025 Rule Change The primary change set to take effect involves how beneficiaries of inherited IRAs must handle required minimum distributions (RMDs). Currently, those who inherit an IRA must withdraw the entire balance within 10 years of the original owner's death, under the SECURE Act of 2019. H...

With remote work becoming more accessible, entry-level positions that pay well are increasingly available to job seekers. Many companies are offering competitive salaries for remote roles, even for those just starting in their careers. If you’re looking for a flexible work option with great earning potential, here are five entry-level remote jobs where you can earn up to $75,000 annually. 1. Customer Success Manager Customer Success Managers (CSMs) work closely with clients to ensure they are satisfied with a company’s products or services. This role involves managing client relationships, troubleshooting issues, and providing tailored solutions. While experience in customer service or account management can be helpful, many companies offer training for entry-level hires. CSMs can ea...

Millions of Americans may be eligible to receive payouts of up to $7,200 through various tax credit and relief programs aimed at supporting individuals and families. As the economy continues to face challenges, these payments offer much-needed financial assistance. If you meet the eligibility criteria, you could be among those who qualify for this significant payout. Tax Credits and Financial Relief The largest portion of the $7,200 payout comes from expanded tax credits, including the Earned Income Tax Credit (EITC) and Child Tax Credit (CTC). These programs were enhanced in recent years to provide additional relief to low and middle-income households. The EITC benefits working individuals and families by offering refundable tax credits, meaning you could receive money even if you d...