A North Carolina man who won a $1 million lottery prize jokes about never eating bologna again. He chose a lump sum payment, receiving about half the prize after taxes, emphasizing the importance of informed financial decisions.
The Cohen & Steers Infrastructure Fund, Inc. (UTF) has released a notification under Section 19(a) of the Investment Company Act of 1940. This notice informs shareholders about the sources of the distribution being paid on June 28, 2024, which could include net investment income, capital gains, or a return of capital. Understanding these components is crucial for accurate tax reporting and financial planning.
