House expected to follow in Senate footsteps and pass Jobs Bill
Thu, 03/04/2010 - 10:28 | by Lisa Clark
On March 2, House Majority Leader Steny Hoyer told reporters that he hoped to have a vote on the Senate passed Jobs Bill (H.R. 2847, the Hiring Incentives to Restore Employment (HIRE) Act) very soon. It appears that there are enough House Democratic votes to pass the bill. The HIRE Act would create a limited “payroll tax holiday” and a tax credit to encourage companies to hire unemployed workers in 2010.
Senate Passes HR 2847: “Hiring Incentives to Restore Employment Act”
Tue, 03/02/2010 - 13:53 | by Lisa Clark
By a vote of 70 to 28 , the Senate passed H.R. 2847, new legislation carrying the Hiring Incentives to Restore Employment Act (the Senate jobs bill).
Roth IRA conversions - is it right for you?
Thu, 02/25/2010 - 15:15 | by Mary Prukop
As of January 1, 2010, the IRS has removed the income restrictions on Roth IRA conversions. Since withdrawals from Roth IRAs are exempt from income tax provided that you're at least 59 1/2 and have had the account for at least five years, converting your traditional IRAs to Roth IRAs may make sense for you. Plus, Roth IRAs have no required minimum distribution once you reach age 70 1/2.
