An important part of financial planning for physicians with children can be 529 plans.

But for retirees who are subject to required minimum distributions from their tax-deferred accounts, those pesky RMDs can ...

The hike being deferred is meant to raise the portion of capital gains on which companies pay tax to two-thirds from one-half. The policy would also apply to individuals with capital gains earnings ...

The Office of Personnel Management will grant federal agencies the authority to offer early retirement in conjunction with this week’s offer of purported “deferred resignations” to most ...

The capital gains inclusion rate represents the portion of capital gains that is taxable. To ensure most middle-class Canadians do not pay more tax once the capital gains inclusion rate is increased, ...

If you’re older than age 73, your first stop for withdrawals are those accounts that carry required minimum distributions, or RMDs, such as traditional IRAs and company retirement plans. Although the ...

The Internal Revenue Service has set its calendar for the upcoming tax-filing season: Americans can start submitting their income-tax returns on Monday, Jan. 27. As people send in their 2024 ...

If you have net earnings of at least $400 from self-employment, for example, you’re required to file taxes. If you earn at least that much, you pay self-employment tax. Need a break? Play the ...

Savvy retirees tap retirement accounts with a tax plan. Each type of account may have different tax rules and rates, so know before withdrawing funds.

Ted Cruz, R-Texas, has introduced the Student Empowerment Act to expand a tax-deferred education savings plan previously ... about 529 plans offered in all 50 states. In Texas, for example, there are ...

Its growth is tax-deferred, and withdrawals are tax-free when used for eligible education expenses. “One other way someone can keep more of their money prior to tax day is to fund a 529 plan or ...

She holds a master’s degree from Arizona State University. Maskot / GETTY IMAGES Moving to a state with lower taxes might seem like a great way to save money, especially on income taxes.