With trillions of dollars to spend, you’d think the least the government could do is maintain consistent records.
The GPRA Modernization Act of 2010 had a vision: to “provide Congress and the public a clearer picture of the programs that exist across the Federal government.” Like most things in government, it failed to live up to its goals.
Despite a government “of the people, by the people, for the people”, I have found myself told time-and-again, “You’re on your own”.
Roth conversions are a great way to save money and if you have a good financial planner, they need not be a headache.
Does the Joint Economic Committee live up to anything in its name?
Increased pressure will only force more teachers to choose between their integrity and their salaries.
A reader asks, “My wife has a $250K SEP IRA earning 1.5% interest. Can we use any of the funds for real-estate investments?”
Despite their complexity, these exchanges have the potential to save vast amounts of money.
MAGI is a common tax term to denote the resulting value of your adjusted gross income (AGI) with some items added back in. However, each use of MAGI may have different variables added back.