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How Parents Can Gain From Two Tax Credits This Season

How Parents Can Gain From Two Tax Credits This Season

KEY POINTS: The cost to raise a child has become expensive for parents in the U.S. For instance, 47% of parents spent more than $1,500 a month on child care expenses in 2023. To help get a return on these costs, here are two tax credits parents can look into. READ THE...

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8 Ways to Potentially Lower Your Taxes

8 Ways to Potentially Lower Your Taxes

When it comes to filing your federal income taxes, it can pay to review your situation and plan ahead. Your Ameriprise financial adviser will help you identify year-round tax-savings opportunities and work with your tax professional to help ensure you’re not paying...

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16 Retirement Mistakes You Will Regret Forever

16 Retirement Mistakes You Will Regret Forever

As more and more baby boomers start eyeing retirement, thoughts turn from worry over the workday slog to concerns about how to fund the golden years. How prepared are you? How much money do you really need to retire? Do you know the ins and outs of your pension (if...

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Perplexed by the Gift Tax? Answers to 10 Common Questions

Perplexed by the Gift Tax? Answers to 10 Common Questions

You’ve done well in life, and now you want to share some of your wealth with the people you know and love. Perhaps you want to help your children make a down payment on a home. Or contribute to your grandchild’s college savings plan. Or give a retirement gift to a...

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Estate Plan Check-Ups: Don’t Just Set It and Forget It

Estate Plan Check-Ups: Don’t Just Set It and Forget It

In the world of financial planning, an often talked about aspect is estate planning. Estate planning can mean many different things. For most people, it involves creating a last will and testament, possibly a revocable trust and important advanced directives such as a...

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Three Overlooked Benefits of Estate Planning

Three Overlooked Benefits of Estate Planning

Estate planning not only makes things easier for your loved ones if you become incapacitated or when you’re gone, but it also does these three important things. If you’re like most Americans, you don’t have a documented estate plan. A 2023 survey by Law Depot revealed...

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How to save for retirement

How to save for retirement

How much money will you need to retire? If you’re like the majority of Americans, you don’t know the answer. But experts use a quick rule of thumb to gauge how much you can spend. They suggest a safe withdrawal amount each year is about 4 percent of your savings,...

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Best retirement plans for the self-employed

Best retirement plans for the self-employed

Retirement plans for the self-employed range from the good to the outrageously good, and can allow you to save much more than you ever could with a traditional employer plan. A well-chosen retirement plan can allow entrepreneurs and the self-employed to bankroll a...

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5 Best Investment Accounts For Kids

5 Best Investment Accounts For Kids

Do you want to teach your kids how to invest but you’re not quite sure how to get started? Whether you have very young children or you’re starting to fill out college applications, we’ve assembled some great resources to help you and your kids learn about investing...

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