Cost Is a Big Factor in College Decisions
Cost is one of the most important factors for families at each step in the college research and selection process.
Do You Have a Will?
Regardless of age or income, having a will is an essential step to pass your assets to your heirs.
Three Decades of College Cost Increases
College costs have risen steadily and significantly over the past 30 years.
Background
The Pension Protection Act of 2006 first allowed taxpayers age 701⁄2 or older to make tax-free charitable donations directly from their IRAs. Technically, these taxpayers were allowed to exclude from gross income otherwise taxable distributions from their IRA ("qualified charitable distributions," or QCDs), up to $100,000, that were paid directly to a qualified charity. These gifts are also known as "Charitable IRA rollovers." The law was originally scheduled to expire in 2007, but was extended periodically through 2014 by subsequent legislation, and finally made permanent by the Protect Americans from Tax Hikes (PATH) Act of 2015.
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Latest News
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Harbour Trust Newsletter - April 2024
When Do People Start Collecting Social Security? Here's a look at the percentages of people who claim Social Security retirement…
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Security
As an independent Trust Company we have been granted a charter of operation from the Indiana Department of Financial Institutions...
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Michigan City, Indiana 46360
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