What happens to your 401(k) after you leave a job? 8 key things to consider
By James Royal, Ph.D., Bankrate.com
If you’re changing jobs or have been laid off, chances are that your 401(k) account is the last thing on your mind. But it pays to include that money in your moving plans — even if you don’t deal with it right away.
Why Choose Groutshields for Your Grout Cleaning and Coloring Needs?
If you’re tired of stained, discolored, and dull grout lines, you’ve probably spent hours searching for solutions. Questions like “What is the best grout cleaner?” or “How do I restore grout color?” might have led you here. At Groutshields, we’ve made it our mission to answer those questions with top-quality products that are easy to use and deliver lasting results. Here’s why our solutions stand out from the rest.
What Makes Groutshields Different?
When it comes to grout cleaning and coloring, it’s easy to get overwhelmed by endless options. However, Groutshields has carved out a reputation for being a trusted name in the industry. Here’s why:
1. Superior Cleaning Results
Our grout cleaners are specially formulated to tackle deep stains, grime, and dirt that build up over time. Whether you’re dealing with a high-traffic kitchen or bathroom floor, our products break through the toughest dirt while being gentle on surrounding surfaces. With minimal effort, you’ll see like-new grout lines that transform the look of your entire space.
The Savings Game: Revised regulations for tax return filing for 2024
The deadline for filing your income tax return for 2024 is approaching: Monday, April 15. Below I will discuss some details that may help you file your tax return. But first I’ll discuss recent regulations around required minimum distribution (RMDs).
Under the SECURE Act, which went into effect on Jan. 1, 2020, if you inherited a retirement account from someone other than your deceased spouse, it is likely that you are subject to the 10-year rule for distributions. From the year after your inheritance, you will have 10 years to withdraw the entirety of the inherited amount. In addition, you may be required to start taking RMDs starting in 2024. You should discuss this with your financial planner or tax preparer.
Some beneficiaries may not have to take annual RMDs. The custodian of your retirement account is not required to advise you regarding your RMDs in 2024. The IRS did not require individuals who inherited retirement accounts after January 1, 2020, to take RMDs until 2025. If you are required to take minimum distributions in 2025, and do not, you will be subject to penalties, and the IRS has increased the interest rates for these penalties, so make sure you do take the required distributions in 2024.
How George E. Johnson made millions in the hair care industry while following the Golden Rule
George E. Johnson, at 97, is a rich man. He’s been a rich man since the 1960s. He’s owned yachts, cattle ranches and a home in France. Years ago, he took a French lover; they divorced after a short marriage. He lived in Glencoe much of his life. He had a tennis court and swimming pool, and when his first wife came home from Neiman Marcus carrying thousands of dollars’ worth of designer clothes, he blinked and showed concern, but Joan, his wife, said they had money, what was the worry? Johnson was a rich man.
His mother nicknamed him “The Rich Man” before he actually was a rich man. He acted like one. His mother left Mississippi at 18 and arrived in Chicago as part of the Great Migration. He grew up near Bronzeville and took small jobs as early as age 6. He waited tables, washed cars, swept floors, shined shoes. After he made a little cash, he took horseback riding lessons around Hyde Park. He bought wide-legged jodhpurs and liked to walk around wearing them. He would also carry a riding crop, just because.
Universal releases more options for Epic Universe tickets, hotel packages
Universal Orlando has introduced its next phase for ticket sales for Epic Universe, its theme park that’s scheduled to open May 22.
The bulk of the new options are for Florida residents and include three days of parks — but just one day at Epic Universe. One of the choices includes, for the first time, a breakfast inside the newest installment of the Wizarding World of Harry Potter inside Epic.
Now available are passes that allow two days at Universal Studios theme park, Islands of Adventure or Volcano Bay water park, and then one separate day at Epic. Park-to-park powers are sold as an add-on and do not include park-hopping into Epic Universe. Prices vary with date. A three-day ticket with the Universal Studio, IOA and Epic, for example, costs between $479 and $580.99. The first date of use determines the total.
All prices for all combinations can be seen before purchasing on Universal Orlando’s official website.
Florida residents can also get Epic tickets with the “create your own” vacation package that has a four-night stay at an on-property Universal Orlando hotel and some early park admission privileges. Pricing varies with dates and selected hotels.