Life Insurance Premium Financing
It’s too often improperly presented, implemented and managed. Fundamentals of Financing. First, it’s a good idea to look back to the general fundamentals of financing. Financing comes into play when someone needs or wants to purchase an asset of something but...
When Are IRA Distributions Not Included in a Spouse’s Gross Income?
In Private Letter Ruling 201831004 (released Aug. 3, 2018), the Internal Revenue Service ruled that a decedent’s individual retirement account wasn’t an inherited IRA and that his surviving spouse would be treated as the payee of the IRA proceeds because she made a...
Fed Pauses As Expected But Tightening Still On The Schedule
The Fed kept policy steady on Wednesday while signaling it views another rate hike is likely as soon as September. At a two-day meeting that ended Wednesday, the Fed voted unanimously to keep its benchmark federal-funds rate in a range of 1.75% and 2%. In a statement,...
