In late 2022, Congress passed a new set of retirement rules designed to make it easier to contribute to retirement plans and access those funds earmarked for retirement. The law is called SECURE 2.0, and it’s a follow-up to the Setting Every Community Up for Retirement Enhancement (SECURE) Act, passed in 2019. We know a … Continue reading “SECURE Act 2.0: An Overview”
SECURE Act 2.0: An Overview
February 24th, 2023
A Taxing Story: Capital Gains and Losses
Capital gains result when an individual sells an investment for an amount greater than their purchase price. Capital gains are categorized as short-term gains (a gain realized on an asset held one year or less) or as long-term gains (a gain realized on an asset held longer than one year). Long-Term vs. Short-Term Gains Short-term … Continue reading “A Taxing Story: Capital Gains and Losses”
