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Medical
Medical expenses refer to costs incurred for the diagnosis, cure, relief, treatment, or prevention of diseases. This includes expenses for equipment, supplies, and diagnostic devices
October 17, 2024
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Blog
Category: Tax Help for Seniors
IRAs
When it comes to retirement planning, married couples have a unique advantage that can significantly boost their savings: the Spousal IRA. This often-overlooked tax break allows a working spouse to contribute to an Individual Retirement Account (IRA) on behalf of a non-working or lower-earning spouse. In this post, we explore how you can leverage a Spousal IRA to enhance your retirement nest egg, covering eligibility requirements, contribution limits, tax benefits, and strategic advantages.
June 6, 2024
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