financial planner

How to use required minimum distributions for unpaid taxes

Portrait | E+ | Getty Images If you’re retired and haven’t made the required quarterly estimated tax payments for 2022, there may still be time to avoid late penalties, experts say. Retirees have to pay taxes four times a year if they don’t have enough withholding from Social Security, pensions, investments, or other sources of …

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How to avoid a penalty by making quarterly tax payments by Sept. 15

If you haven’t remitted a portion of your income to the IRS in the past few months, this week is your last chance to avoid a tax penalty. The deadline for third-quarter estimated taxes is Sept. 15, and it applies to income from self-employment, small business, investments, gig economy work and more, according to the …

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How to prepare your portfolio as interest rates continue to rise

dowel | moment | Getty Images After almost eight months of market volatility, many investors are still concerned about rising interest rates and how these changes will affect their portfolios. About 88% of investors are concerned about rising inflation and rising interest rates, according to a JP Morgan Wealth Management study of more than 2,000 …

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How to buy an ESG fund now that Inflation Reduction Act is law

Simonskafar | E+ | Getty Images ESG funds have become more popular Steve Cicero | Photographer’s Choice | Getty Images Funds that allocate investor money around ESG themes held $357 billion at the end of 2021 — more than four times the amount three years earlier, according to Morningstar, which tracks data on mutual funds …

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