Ok, you’re feeling pretty good about your long-term savings habit and now have a rather decent IRA balance.  You’re turning 73 or already 73 or older.  Now Congress setup a […] ...

Some retirees are caught off guard when taxes take a bite out of their Social Security. Understanding the IRS formula behind ...

The IRS claims, however, that Yum’s restructuring initiated billions in taxable income. Yum disputes the IRS claim that ... while also owing $418 million in penalties, and interest of about $1.5 ...

At its most basic, creating a retirement budget is all about money in vs. money out. You figure out what kind of income you ...

Retirement doesn’t mean staying put. For many retirees, it means something far more adventurous: moving abroad. One-third (34 ...

You may fear it's hopeless to start investing in your 60s, but the reality is you've got more horizon than you think.

On May 22, 2025, the House of Representatives passed a tax bill (House Tax Bill) that proposes to make permanent – and increase – the section ...

You might be surprised by how much you can save when you are a few to 10 years from retirement. Pre-retirees should use the ...

On May 22, 2025, the House of Representatives passed H.R. 1, the budget reconciliation bill known as the One Big Beautiful Bill Act (the Tax ...

On May 22, 2025, the House of Representatives passed H.R. 1, the budget reconciliation bill known as the One Big Beautiful Bill Act (the Tax ...

Itemized deductions are specific expenses you can subtract from your taxable income to potentially lower your tax bill. In ...