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Cash Value Life Insurance is tax advantaged?

Cash value life insurance, also known as permanent life insurance, can offer some tax advantages, but it depends on the specific type of cash value life insurance policy and the way the policyholder uses it. Here are a few ways cash value life insurance can offer tax advantages: It’s important to note that laws and […]

H1B worker can earn money from other sources?

H-1B visa holders are allowed to earn money from other sources in addition to their primary employment, but there are certain restrictions and requirements that must be met: It’s important to keep in mind that laws and regulations regarding H1B visa can change, so it’s always a good idea to consult with an immigration lawyer […]

Can H1B worker can work on multiple jobs?

H-1B visa holders are allowed to work for multiple employers in the United States, but there are certain restrictions and requirements that must be met. It’s important to keep in mind that laws and regulations regarding H1B visa can change, so it’s always a good idea to consult with an immigration lawyer or a legal […]

Inheritance taxes in the United States

Inheritance taxes in the United States are taxes imposed on the transfer of property from a deceased person to their heirs. Inheritance taxes are also known as estate taxes. In the United States, inheritance taxes are imposed by some states and at the federal level. However, the federal estate tax has a high exemption amount, […]

Disadvantages of 529 savings accounts

529 plans are a popular way to save for college expenses, however, they do have some disadvantages to consider: Another major disadvantage of 529 plan is that it is considered as an asset in FAFSA application which increases the Epected Family contribution (EFC) thus reducing the financial aid. It’s important to research different college savings […]

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