The top Democrat and Republican on the tax-writing House Ways and Means Committee introduced bipartisan legislation to encourage more Americans to save for retirement. Original Article Posted at : https://www.accountingtoday.com/news/lawmakers-propose-bill-to-improve-retirement-plans-and-tax-breaks

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It’s possible to use your 401(k) for a down payment when buying a home. But it’s not always best. Learn how a 401(k) loan works and other options. Original Article Posted at : https://themortgagereports.com/18789/should-you-borrow-from-your-401k-to-purchase-a-home-gina-pogol

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unfunded public pension liabilities

Unfunded public pension liabilities for states amount to $4.9 trillion or $15,080 per person in the U.S., according to the American Legislative Exchange Council (ALEC). The organization said in a report this week that the situation has improved somewhat, but the steep uphill climb continues. Q1 2020 hedge fund letters, conferences and more Improvements in […]

The post These states have the most unfunded public pension liabilities appeared first on ValueWalk.

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The Internal Revenue Service is giving retirement plan participants and beneficiaries some added flexibility during the COVID-19 pandemic to remotely sign or have notarized their retirement plan elections. Original Article Posted at : https://www.accountingtoday.com/news/irs-allows-remote-signatures-and-notarization-on-retirement-plan-elections-amid-coronavirus

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