Federal Credit Union & Financial Services of Parma, OH

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401k Maximum Yearly Contribution

401k Maximum Yearly Contribution       A 401k plan is a retirement plan sponsored by a company for its employees. Contributions to a 401k plan are not subject to federal and most state income taxes until the funds are withdrawn from the plan. The same also goes for the earnings.More...


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Death Tax Unfairness

Death Tax Unfairness        Estate tax, also popularly known as death tax, is a tax that has to be paid when the assets or property of a person who has died is transferred to his or her heirs. This is considered to be one of the most unfair taxes imposed by the IRS as it has to be paid even though the family is dealing with the death of a loved one.More...




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Parma, OH Federal Credit Union & Financial Services


What Causes Economic Depression ?

What Causes Economic Depression ?       There is a common misconception floating around that the stock market crash in 1929 caused the Great Depression. However, what caused the Great Depression has much deeper roots than the stock market crashed.More...

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