As many as 7% of retirees aren't taking required withdrawals from their accounts, a mistake that can be costly. Luckily, ...
Small financial moves can trigger big IRS bills. A financial planner shares the five tax mistakes he sees clients make—and ...
Looking to save money on taxes and have your retirement income go further? Retire to one of these 18 U.S. cities where 401(k), IRA, and Social Security income aren't taxed by the state.
Active-duty and federal employee veterans have until Dec. 31 to contribute to their Thrift Savings Plan for 2025. The annual limit is $23,500, with an extra $7,500 catch-up for those 50 and older; or ...
Discover 11 valuable tax breaks available exclusively to people over 50, offering savings opportunities and financial advantages tailored to older adults.
But while eliminating income tax might sound appealing, some of its consequences might make you reconsider. Income taxes brought in about $2.7 trillion to the federal government in 2025, according to ...
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A little-known retirement tax credit gets better in 2026 -- how to tell if you qualify
That’s right: Less than half of workers are aware of the saver’s credit, according to a survey by the Transamerica Center for Retirement Studies. And even retirees might be able to qualify for this ...
Washington — House Republican leaders unveiled a plan Friday to address health care costs ahead of a year-end lapse to tax credits that will result in skyrocketing premiums for more than 20 million ...
DALLAS — The latest attempt to lower property taxes in Texas is known as “Operation Double Nickel.” Introduced by Lt. Gov. Dan Patrick, the proposal would lower the age at which Texans could enjoy ...
Corporate tax revenue has quickly dipped since Republicans passed tax cuts this summer. But economists think these tax breaks might be worth it. By Andrew Duehren Reporting from Washington For most ...
OKLAHOMA (KXII) - Oklahoma State Senator David Bullard (R-Durant) introduced the “Ad Valorem Reform Act of 2026″ on Thursday, which would eliminate property taxes for homeowners age 65 and older as ...
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