Under the Worker, Retiree, and Employer Recovery Act of 2008, Required Minimum Distributions (RMDs) for 2009 from IRAs were waived. People who inadvertently received a distribution were confused about their options, but the IRS has issued clarifying guidance. Read the full article

As the November 30th deadline for the $8,000 first-time homebuyers credit approaches, members of both the House and the Senate are floating ideas for ways to extend the credit. Read the full article

Today the House Financial Services Committee approved a bill establishing the Consumer Financial Protection Agency (CFPA). Read the full article

Despite a decline in the Consumer Price Index (CPI), major retirement plan limits remain unchanged. Read the full article

Yesterday’s second hour of the radio program “On Point” featured the author of “Buy Ketchup in May and Fly at Noon: A Guide to the Best Time to Buy This, Do That, and Go There.” Read the full article

At this time of year it’s a good idea to look for last-minute opportunities to minimize your taxes. Most opportunities require some action before the end of the calendar year; here are several ideas to consider. Read the full article

Bizjournals.com recently released its analysis of per capita income growth in the 100 largest US metro areas. Except for Bridgeport-Stamford, CT, Boston was the only metro area in New England ranked among the top 10 . Read the full article

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