Life insurance is a financial product that pays out a lump sum in the event of the insured's death, providing financial support to one's beneficiaries and heirs. The death benefit coverage remains in-effect so long as the policyholder pays theinsurance premiums(payments) on the policy. The p...
Your required minimum distributions are calculated each year based on the amount of money in all of your tax-deferred accounts at the end of the year and your life expectancy as determined by the IRS’s Uniform Lifetime Table. When you delay distributions, you shrink the window during...
000.00 more of a refund for me . The CPA made 2 major errors- I reported as “interest” the dividends on my life insurance , and Roths, which she reported as “income