Key Findings Introduction Republicans have expressed interest in repealing elements of the 2022 Inflation Reduction Act (IRA) ...

Furthermore, the TCJA put a $10,000 cap on the state and local tax (SALT) deduction. If the cap is retained once the TCJA ...

Retirees receiving pension payments will also have to pay ordinary income tax. How much you'll owe depends in part on the tax ...

If a participant rolls over ineligible amounts to their IRA, it could create an excess contribution. Excess contributions ...

Social Security, retirement accounts, taxable accounts and pensions all have different tax implications. When you start ...

When it comes to saving for retirement, the Roth and traditional IRA are like two sides of the same coin. Both offer powerful ...

It’s no secret that annuities play a pivotal role in retirement planning, providing a steady income. Despite certain tax ...

Rich Americans may be able to reduce their tax bill with some strategic moves, including being smart about when they take ...

Or, you could sell the stock within the Roth and redeploy the funds to something you think will do better. You won't be able to take any loss for tax purposes, but you could stop the bleeding. If you ...

Avoiding the variety of mistakes that can occur during a retirement account rollover requires careful consideration.