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HHL Group, Inc. Newsletter for February 23, 2016.

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  Timely Opportunities

Spring is the time for rising college freshmen and graduate students to pick their favorite schools. For many, cost is a key deciding factor, because higher education can be a huge investment. Fortunately, several tax breaks are available to help offset some of the costs. Here’s an overview of how much you can expect to spend each year and the tax benefits that are currently available.
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  Personal Finance

College costs continue to rise. That’s why if paying for a college education is in your future, it’s never too early to learn about Section 529 plans. These plans include programs for college savings and for prepaid tuition, and can be used to fund higher education for your kids, your grand-kids or even for yourself. Continue reading to learn how the current tax law adds benefits that make Section 529 plans even more attractive.
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  Retirement Planning

Medicare is a comfort to most retirees. But before you step foot out of the United States, you need to find out whether Medicare will cover you while you are away. Generally, the coverage is limited if not nonexistent. There are exceptions and there are other options to explore. This article gives a rundown of information you need if your plans include travel outside the country.
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  401(K) Plans & IRAs

What happens to your 401(k) plan when you switch employers? Depending on the circumstances, you’ll need to make a choice of how you handle the funds. There are three basic ways to handle the funds, so you need to understand the consequences of each path. The good news is, you don’t have to make a snap decision. You can take a little time to figure out what is best for you.
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  Latest Headlines
Mars recalling products in 55 countries: AP
Reuters.com – Tue, 23 Feb 2016 15:51:06 GMT

Wall Street extends losses as oil slides further
Reuters.com – Tue, 23 Feb 2016 15:43:00 GMT

Time Inc explores bid for Yahoo’s core business: source
Reuters.com – Tue, 23 Feb 2016 15:37:25 GMT

Risk rally fades as global stocks slip back into the red
Reuters.com – Tue, 23 Feb 2016 14:30:56 GMT

Macy’s in talks for real estate deals, sales fall less than feared
Reuters.com – Tue, 23 Feb 2016 14:17:26 GMT

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  Disclaimer of Liability
Our firm provides the information in this e-newsletter for general guidance only, and does not constitute the provision of legal advice, tax advice, accounting services, investment advice, or professional consulting of any kind. The information provided herein should not be used as a substitute for consultation with professional tax, accounting, legal, or other competent advisers. Before making any decision or taking any action, you should consult a professional adviser who has been provided with all pertinent facts relevant to your particular situation. Tax articles in this e-newsletter are not intended to be used, and cannot be used by any taxpayer, for the purpose of avoiding accuracy-related penalties that may be imposed on the taxpayer. The information is provided “as is,” with no assurance or guarantee of completeness, accuracy, or timeliness of the information, and without warranty of any kind, express or implied, including but not limited to warranties of performance, merchantability, and fitness for a particular purpose.

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