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Unlike retirement accounts, there are no federal contribution limits for variable annuities, and the investment gains won’t be taxed until they are withdrawn.
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A new tax-advantaged investment account officially launched on July 4th: the 530A account, also known as a Trump Account, which is designed to help children get a head start on their financial future.
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Even small online purchases that are shipped from outside the United States must now pass through customs — and are likely to incur duties.
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Financial habits can repeat themselves, month after month and year after year, until we consciously break the pattern.