Latest Articles by Janet

82% of Parents With Kids Younger Than 18 Support Extending Monthly Child Tax Credit Payments Past 2021
With the second round of advance child tax credit payments starting to arrive for eligible parents, MagnifyMoney asked payment-related questions to more than 1,000 parents with kids younger than 18. The survey found that 82% of these parents with younger kids think the monthly payments should be extended past 2021. ... Read More
August 16, 2021
California Estate Tax
California tends toward the higher side when it comes to many taxes, but that isn’t the case for estate taxes. In fact, the Golden State has neither an estate tax nor an inheritance tax. Federal and state governments may assess an estate tax on the value of a person’s estate, ... Read More
July 19, 2021
Naming a 401(k) Beneficiary: Why it Matters
A 401(k) beneficiary is the person (or persons) who will receive the money in your retirement account upon your death. That sounds pretty simple, but there are several things about naming a beneficiary that you should know — especially if you’re married, divorced or considering naming your children as beneficiaries. ... Read More
November 9, 2020