The IRS views interest on a savings account as earned income, whether it's $1 or $1,000. So, if you received interest on a ...

Investing for retirement is more critical than ever. With rising costs, Social Security in jeopardy, and pensions nearly non-existent, you need to take charge of your investments. Investing in ...

Relying primarily on savings from a 401(k) plan to fund retirement dreams could potentially set retirees up for financial ...

The two main types of IRAs are traditional IRAs and Roth IRAs. A traditional IRA is a tax-deferred investment account, meaning qualified contributions are tax-deductible in the year they are made.

Simply put, a little tax planning can go a long way. Here are some examples of different kinds of accounts you may want to use on your investing journey: Types of investment accounts. Investing ...

Though the urge to splurge is strong, it might be better to put that money in your investing account, especially if it is in the range of $1,000. This can come in the form of a tax refund ...