One of the biggest "cons" of a 401k or IRA is that your money is "locked up" until retirement. But did you know that there ...

You know the saying "have your cake and eat it too"? I've found that it rarely applies to personal finance. Usually, personal finance is about choosing one benefit or the other. You can't max out both ...

Tax loss harvesting is often hailed as a smart way to reduce your tax bill and boost your investment returns. The idea is ...

Explore the latest IRS updates for 2025, including tax bracket shifts, deduction increases, and new filing tools to help ...

In the United States, taxpayers with annual incomes exceeding $200,000 face a higher risk of IRS audits. This threshold is ...

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

New IRS data reveals stark contrasts in tax contributions across income brackets. The top 1% of earners pay 40% of all taxes, ...

Explore annuity payout options like life-only and joint-life. Learn how to choose the right income plan for your goals.

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

Thinking about opening an annuity? Understanding how the 5-year rule works can help you avoid costly tax surprises.

IRS tax refund June 2025 is the hot topic right now ... However, the exact amount you receive may vary depending on your personal tax situation—credits claimed, income bracket, deductions, and whether ...

The House of Representatives passed its version of the fiscal year (FY) 2025 budget reconciliation bill on May 22 by the narrow margin of 215 to 214, with one Member voting present. The bill, titled ...