What Is the Step-Up in Basis? The step-up in basis is a tax provision that helps beneficiaries lock in the cost basis of assets at the time they inherit them from a benefactor. Many assets such as ...
If you open a step-up CD you'll lock in a deposit for a term, but the interest rate may increase. Step-up CDs are only available at some banks and credit unions, and often through limited terms. Rates ...
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