If you're taking a required minimum distribution from an IRA, 401(k) or other tax-deferred account and don't need the money ...

With just a few weeks left in 2025, the American Institute of CPAs (AICPA) advises taxpayers to take action and make year-end tax and financial planning moves that can help prepare them for 2026, ...

Caring for a child or parent can mean a drop in income and a lower tax bracket. Why not take advantage by moving money into a ...

1st Chance Finance is thrilled to announce the launch of its unique platform, designed to help parents and guardians open, ...

Proactively reviewing your health coverage, RMDs, and IRAs can lower retirement taxes in 2025 and 2026. Here’s how.

As December approaches, the countdown to the end of the year means more than just holiday shopping and party plans. It’s also ...

Few Americans Wait Relatively few Americans wait for the maximum benefit anyway. According to a 2024 study by the Bipartisan Policy Center, a Washington, D.C.-based think tank, 29% of Social Security ...

Most states offer at least one tax break to retirees but some exempt multiple forms of retirement income and eight states have no income tax at all.

Inflation at 3% challenges retirees. Smart strategies involving budgeting, high-yield savings, TIPS and dividend stocks help ...

This says that you must wait until the converted funds have been in your Roth IRA for at least five years before you can ...

The new “no tax on tips” law could push many restaurants to reconsider their mandatory gratuity policies if they want ...

A Roth IRA is an individual retirement account that you fund with after-tax dollars. While you don't get a tax break now, your contributions and investment earnings grow tax-free.