One of the most important parts of setting up your 401(k) is naming a beneficiary. This ensures that your 401(k) can pass to someone without going through probate. However, the beneficiary will have to pay income tax on the 401(k) balance. The tax rate in this circumstance can be very steep, depending on circumstances.
Do you wish to do great things that profoundly impact the lives of others? It’s nice to know that you can have such an effect even if you don’t consider yourself wealthy or influential. Simply open your eyes to the possibilities floating around you!
The arts seem to be slowing dying off. It used to be far more common for the average person to attend an art gallery, orchestra performance, or the ballet. This is unfortunate, because the arts can add a tremendous amount of enrichment to our lives.
The financial markets have complex forces working within them that can affect your investment profits. Institutional investing is one of these forces. Read on to find out how they can affect nearly any investment you may be considering.
If you’ve always wanted to develop a charitable spirit, then why not take action? Participating in charitable work is one of the best ways to develop your sense of purpose and become more balanced and peaceful.
Here are 3 simple steps to building a robust major gifts system in this new era of virtual fundraising.
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