IRS Information on 529 Plans?

Answer Section 529 plans--also referred to as Qualified Tuition Programs--provide a tax-advantaged way for parents and other family members to save money for college expenses. Each state, including the Di... Read More »

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Information on Different Medical Plans for Medicare Part D?

Medicare provides health insurance to those 65 and over and the disabled. Medicare Part D is Medicare's prescription drug benefit. It was signed into law in 2003 as part of the Medicare Modernizati... Read More »

What Information Can a Home Care Agency Disclose to Health Plans for HIPAA?

According to the Health Insurance Portability and Accountability Act (HIPAA), a covered entity must comply with the privacy rule. A covered entity is a health care provider, health plan and a healt... Read More »

Are state retirement plans considered pension plans?

Retirement plans sponsored by states are considered pension plans. There are two types of pension plans to choose from--a defined benefit plan or a defined contribution plan. The benefit plan tells... Read More »

Are all 401(k) plans profit sharing plans?

Not all 401k plans are profit-sharing plans. In most plans, employers contribute a fixed percentage of each employee's contribution as a company-paid match. This match, despite being an amount not ... Read More »