Multi-Generational IRA: A Gift of Love to Grandkids!


The American Taxpayer Relief Act (ATRA) was passed by Congress on January 1, 2013 and signed into law by President Obama the next day. For high-income taxpayers: tax rates rise from the prior maximum 35 percent to 39.6 percent; and the maximum tax rate on capital gains and dividends rise from 15 percent to 20 percent.

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