Social Security retirement benefits are subject to taxes in many cases. But familiarity with the rules and some advance ...

I am 62 and was told that my required minimum distribution will start when I turn 75. At that time, I am projected to have $4.5 million in an IRA. My RMD would be $180,000 and the taxes would be high.

Making incorrect assumptions about tax brackets, tax-loss harvesting, charitable giving, estate taxes and more can cost you ...

One of the biggest appeals of accounts like 401(k)s and traditional IRAs is the up-front tax break, with the chance to lower your taxable income. Unfortunately, this doesn't exempt you from taxes; it ...

Although RMDs help supplement retirement income, small mistakes can be costly. Here's how to avoid some of the most common ...

But here’s the rub: You already have a sizable IRA, possibly from rolling over a previous employer’s 401 (k). Now you’re wondering if it makes sense to move that money back into a 401 (k) — a process ...

When they file their returns this year, high-income taxpayers should be prepared for an additional hit. The net investment ...

Read here for an analysis of differences between MSTY and MSTY:CA, their strategies, and which fund suits your income-focused ...

Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund offers a high dividend yield of 9.2% and monthly distributions.

The Hermitage school board has accepted a settlement in its property tax appeal regarding the FedEx distribution center that ...

Once you turn 50, and especially after age 65, you may qualify for extra tax breaks. Older people get a bigger standard deduction, and they can earn more before they have to file a tax return.

Withdrawing your 401(k) early may offer a way out of a tricky financial situation, but early withdrawals generally come with consequences too. Discover More: 4 Unusual Ways To Make Extra Money ...