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My husband and I, who are both 66 years old, have fallen behind on our mortgage payments and have accumulated quite a...
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In 2003, the U.S senate passed a resolution establishing October as National Work and Family Month. To support families, the IRS published IR-2019-166. It explains the Family and Medical Leave Act (FMLA) and the employer credit for providing family paid leave. Employers with 50 or more employees generally are covered by FMLA. The basic goal of FMLA is to help employees balance their work and family responsibilities. Covered workers should give the employer 30 days notice of a birth or adoption. Employees may take up to 12 weeks of unpaid leave for the birth of a child, an adoption or to care for a close relative. The employee qualifies for normal benefits during the FMLA leave. After the FMLA leave, employees have the right to return to their original position. An exception is provided for employees in the top 10% pay grade if there is potential for a "grievous economic injury"...
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Each year, IRA and 401(k)s are subject to required minimum distributions (RMDs). Because the distributions start...
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