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What are 401(k) catch-up contributions?

  Retirement savers age 50 and older get to put extra tax-advantaged money into their 401(k) accounts than the standard annual contribution limits. Those additional savings are known as “catch-up contributions.”   If you have […]

What is IRS Form 1099?

IRS Form 1099 is a key part of filing annual income taxes for certain earners—including freelancers, independent contractors, income-earning stock investors, and some retirees. The 1099 covers income earned from a non-employer source. It can be […]