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The stepped-up basis loophole is part of the tax code that applies to inherited assets. The rule allows you to avoid capital gains on assets you pass to your heirs, lessening the tax burden on your heirs when they inherit from you. Learn about the stepped-up basis loophole and what it means for you.
One of the most common investing frauds — the one that made Bernard Madoff infamous in the United States and around the world — is known as the Ponzi scheme. Learn what a Ponzi scheme is, the scheme for which Madoff became infamous, and how to protect yourself from falling victim to a similar scam.
Are you in the market for a new brokerage? Check out our comprehensive review of Ally Invest and find out whether this online brokerage is right for you.
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