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Shift in fiscal policy can bridge India's rich-poor divide: ADB

Apr 11, 2012

Shift in fiscal policy can bridge India's rich-poor divide: ADB

The region must spend more on education and health, create quality jobs and invest in infrastructure to reduce imbalances between developed and lagging rural areas, the Asian Development Bank said. #Asian Development Bank #Poverty #ExpertView #Gini coefficient #Income distribution #income inequality

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Shift in fiscal policy can bridge India's rich-poor divide: ADB

Sep 21, 2014

I am a first-time home buyer. If I take a distribution from my 401(k) to purchase land and a house, will I have to pay a penalty on this distribution? Also, what kind of form will I need to file with my taxes, showing the IRS that $10,000 went toward

As you may already know, you must meet certain requirements, outlined in the 401(k) plan document, to be considered eligible to receive a distribution from the plan. Your employer or plan administrator will provide you with a list of the requirements...
Shift in fiscal policy can bridge India's rich-poor divide: ADB

Sep 18, 2014

Earnings within a Roth IRA are tax free, so are these earnings included in the modified adjusted gross income which is used to determine Roth IRA eligibility?

There are two possible answers to this question, depending on whether or not the distribution from the Roth IRA is qualified.Earnings on investments within a Roth IRA are neither subject to income tax nor are they included in the IRA owner's income. ...
Shift in fiscal policy can bridge India's rich-poor divide: ADB

Sep 22, 2014

Does it make sense to convert a Traditional IRA to a Roth when the market’s down?

If your modified adjusted gross income (MAGI) is $100,000 or less and you are not married filing separately, you may initiate a taxable conversion of a Traditional IRA to a Roth IRA. You can do a direct trustee-to-trustee transfer or receive a distri...