A Couple Reasons to Smile About
Women on Business
JANUARY 11, 2011
. - Allows individuals aged 70 ½ and older who must take RMDs from Individual Retirement Accounts (IRAs) to withdraw up to $100,000 and donate to charitable organization. tax on their income (up to $106,000 or so) as opposed to the normal tax of 6.2%. This provision was extended through 2011. In 2011, workers will pay 4.2%
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