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Inflation Reduction Act: What You Should Know

Aug 18, 2022 10:50:01 AM
written by The Retirement Group

The Inflation Reduction Act, signed into law on August 16, 2022, includes health-care and energy-related provisions, a new corporate alternative minimum tax, and an excise tax on certain corporate stock buybacks. Additional funding is also provided to the IRS. Some significant provisions in the Act are discussed below.


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posted in Financial Planning, Inflation, IRS, Inflation Reduction Act

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Information regarding the lump-sum payout may or may not apply to specific employees based on factors such as mergers, acquisitions, years of service, age, or the date an employee was hired.