State lawmakers who represent Olney were divided on whether they would support legislation to allow public funds to be diverted to pay for homeschooling or private schools in a “school voucher” or “education savings accounts” favored by state leaders but opposed by local school officials.
If you’ve invested in an IRA for many decades, it may well turn into a key source of income for your retirement. Still, you might not deplete your IRA in your lifetime, especially if you also have a pension or a 401(k) and other investment income. So, if your IRA still has sizable assets after your passing, it would likely end up in your estate plan. If you leave your IRA to grown children or other family members, could they be hit with a big tax bill?
213 E. Main St.
PO Box 577
Olney, Texas 76374
Phone: (940) 564-5558
Fax: (940) 564-3992
