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Roth IRAs were established in 1997 to incentivize middle-class Americans to save for retirement. Congress imposed strict limits, including a cap on how much can be contributed to the accounts each year, which today stands at $6,000 for most Americans. The average Roth account was worth $39,108 at the end...
Robert Faturechi, Justin Elliot, and Ellis Simani of ProPublica delved into tax information for dozens of billionaire owners across the four largest American pro sports leagues. This is a trigger warning for those with hostilities towards billionaires or concerns with income inequalities. Billionaires Paying Less Than Millionaires…and Thousandaires? Los Angeles...