Caution! The site can't guarantee, that text has age permission. The site is not recommended, if you are less than 18 years old.
The site shows example sentences for English words. How the word or phrase could be used in a sentence?
" ... As a result, a Democratic Congress could move forward with making changes to the estate tax and not impact many of their constituents while gaining political currency. Further the changes they would make might just be a return to the Obama era. ... "
" ... For many Americans, the tax debate over RMDs is moot. These individuals are relying primarily on Social Security and their tax-deferred savings to provide them with living expenses during retirement. They’re not being “required” to take a distribution; they need to take a distribution. Particularly in light of the pandemic, the demand for cash has increased for many, and their tax-deferred savings is a readily available source. Some argue that because of taxes, withdrawing money from your IRA should be one of the last sources of income to drawdown – but this is not universally the case. Take, for example, if you are temporarily unemployed due to the pandemic, but expect to be rehired. Compared to borrowing money from a bank – if that’s even possible – withdrawing from an IRA may make more financial sense. Another example is if you qualify, but have not yet filed for Social Security. Taking distributions from your IRA can help sustain your retirement income for several years while you wait to file, and that translates to a larger Social Security benefit for life. This approach may not only provide a higher lifetime retirement income, but also may address the next reason for drawing down your IRA – to save taxes. ... "
" ... Weary tax payers may remember the banking bailout of 2008. That’s the time when the Federal government forked over $700 billion to financial institutions in order to save the banking system. ... "
" ... • 2019 tax returns (since 2020 returns have not been filed) ... "