[Updated in August 2020 after July inflation release.] Retirement plan contribution limits are adjusted for inflation each year. While inflation dipped in April due to the COVID-19 pandemic, it has ...
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2020 2021 ACA Health Insurance Premium Tax Credit Percentages
If you buy health insurance from healthcare.gov or a state-run ACA exchange, whether you qualify for a premium tax credit is determined by your income relative to the Federal Poverty Level (FPL). You ...
Life Hack: Donate To Charities Without Getting Junk Mail
Here's a problem. You'd like to donate some cash to a charity but you're concerned that the charity will put you on their mailing list and keep asking for more donations. Worse yet, because some ...
Can 401k and IRA Contribution Limits Go Down If We Have Deflation?
The annual 401k and IRA contribution limits are adjusted for inflation each year. Due to rounding, the limits can stay the same from one year to the next when there isn't enough inflation. The ...
How To Pay Off SBA COVID-19 EIDL Loan Early: A Walkthrough
Back in March, Congress created two loan programs to help small businesses and the self-employed mitigate the economic impact of the COVID-19 pandemic: the Economic Injury Disaster Loan (EIDL) ...
2021 California ACA Health Insurance Premium Subsidy
Update on July 3, 2020: New California state budget for 2021 preserved funding for the state premium assistance. The program design for 2021 carried over the same design from 2020. Ever since the ...