Over the past decade, some retirees have sought to lower their RMDs by buying a type of annuity called a qualified longevity annuity contract, or QLAC. You buy the annuity with pretax money (up to a ...

Planning your retirement savings just got a little easier with the CRA’s announcement of the 2026 RRSP contribution limit.

On paper, a $2.5 million nest egg looks like an ironclad path to a $100,000 lifestyle in retirement. In practice, the tax ...

Discover the benefits and drawbacks of using your 401(k) to pay off your mortgage, including tax implications, retirement savings impact, and interest savings.

For the right client, these plans can build substantial retirement wealth quickly while offering tax advantages.

Lackawanna County property owners anxious about the impact of the county’s reassessment on their 2026 tax bills can begin calculating what that impact might be, at least in terms of their county taxes ...

The IRS has issued proposed regulations for the temporary car loan interest deduction enacted under the new tax law.

After meticulously polishing application materials, hitting submit during the early admissions round, and enduring the agonizing wait for an admissions decision, thousands of students opened their ...

Elysse Bell is a finance and business writer for Investopedia. She writes about small business, personal finance, technology, and more. Erika Rasure is globally-recognized as a leading consumer ...

If you have a sizable balance in your 401(k) or IRA, it’s natural to think of that entire amount as part of your nest egg. But there’s a catch: because these accounts are tax-deferred, the IRS will ...

As a small business owner, you have a lot on your plate and filing your taxes might seem like an overwhelming task. But the right online tax-filing software can save you time, money and stress. CNBC ...

Cash gifts and income are subject to IRS reporting rules. Gifts of up to $19,000 in cash are exempt from reporting in 2025. Those who have household employees must report cash payments that exceed ...