If you have a 401(k) or IRA you can thank the IRS for making some changes primarily based on the effects of inflation on the economy. 401(k) and IRA Plans 401(k) plans help people save money for when they stop working. Your employer might help you save money by giving you extra money to put […] Originally Published on BoomerBuyerGuides.com Continue Reading
Posts Tagged With ‘ IRS ’
IRS Credits Inflation as it Boosts Retirement Account Contributions
November 22nd, 2022
Beware: a New Government Imposter Scam
October 13th, 2022
It is a cruel farce. Scammers use the names of federal agencies charged with protecting citizens’ financial security to rip them off. The Consumer Financial Protection Bureau (CFPB) has confirmed the existence of a new scam in which someone purporting to be from the agency contacts individuals and tells them they are eligible for a payout in a class-action lawsuit. On one condition: to collect the money, the scammer says the taxes owed must be paid upfront. This is known as an imposter scam. Imposter scams involving other federal agencies – the IRS or the Social Security Administration –... Continue Reading