Curious how the wealthy reduce their tax bills? Discover smart tax strategies used by high earners and how you can legally ...

By late December, many tax savings strategies are off the table. But there are still a few simple things that you can do now ...

For example, some beneficiaries choose to only take the RMDs and end up with a large remaining balance in year 10, which then ...

Trump Accounts promise a simple pitch: a government-blessed way to invest for a child's future, with a $1,000 head start for ...

If you’re looking to save for retirement, an IRA is a great place to start. Here are the best places to open an IRA account.

The only time you wouldn't pay taxes on a conversion is if the money in the original account was already taxed, like non-deductible contributions. In that case, you wouldn't pay taxes on the ...

The epic OBBBA tax law brings glad tidings to most families, but complacency can lead to costs for financial advisors and their clients.

You can roll over your unused 529 dollars into a Roth IRA or ABLE account, but there are limits. One common concern is ...

I'm 64 and my wife is 65. We have $1.5 million in 401 (k)s and IRAs and $90,000 in a Roth IRA. We are looking to retire next year. I will receive $3,000 in a monthly pension that my wife will inherit ...

Dear Liz: When I retired, I had a small 401 (k) with about $12,000 in it. Instead of rolling that money into an IRA, I took a distribution and paid taxes on it. I had no immediate need for the ...

Discover how stealth taxes impact your wallet, even though they're hidden in costs. Learn about their forms, effects, and why ...

Discover if you can deduct IRA contributions based on your participation in employer-sponsored plans, filing status, and MAGI. Learn the rules you need to know.