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The “Fiscal Cliff”

What is the “fiscal cliff”? It’s the term being used by many to describe the unique combination of tax increases and spending cuts scheduled to go into effect on January 1, 2013. The ominous term reflects the belief by some that, taken together, higher taxes and decreased spending at the levels prescribed have the potential to derail the economy. Whether we do indeed step off the cliff at the end of the year, and what exactly that will mean for the economy, depends on several factors.

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Can You Turn a 529 into a Roth IRA?

Would you like to fund a 529 plan for your child or grandchild and don't want them to incur penalties when withdrawing the unused funds? If so, this article explains what you need to know about transf

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