Though it may be stressful, planners say it's crucial to decide when and how to live off long-held assets. The big tax cut passed by Congress in May provides a legion of generous tax breaks for Americans with a specific savings goal in mind, such as education or retirement. A financial planner or broker should be judged on more than just a portfolio's performance. The big tax cut passed by Congress last month will put a few extra dollars in the pockets of most taxpayers, but it's a bust for anyone who wants to do long-term financial planning. Despite deep Fed cuts, some rates have not fallen as much because of fine-print terms such as minimum rates.
Girls are different.
Times Staff Writer One of the more generous and immediate tax breaks included in the big tax package President Bush signed into law last week is a boost in the child tax credit. Here's a guide to how it will work. As banks trim lending rates after Fed action, consumers can save by refinancing. Homeowners have the widest options. An easy way to start narrowing the field when choosing between retirement plans is to consider the restrictions.