NEXT explains that if you're an independent contractor, it's your job to pay taxes on your own—and you'll want as many 1099 ...
Facing a future tax hit on your retirement savings? A Roth conversion may be a way to lower the taxes you owe.
Make the most of your good intentions by understanding the ins and outs of charitable giving. A good starting point is ...
Here are IRA contribution limits, income limits and rollover rules for Roth, traditional, SIMPLE and SEP IRAs at a glance.
Contributions to IRAs should be made early for maximum growth. Choosing between Roth and traditional IRAs depends on your tax situation. The backdoor Roth IRA can be beneficial but may be taxed based ...
The only option open to taxpayers at all income levels is a traditional nondeductible IRA, but this subjects investors to two big drawbacks: required minimum distributions (RMDs) and ordinary income ...
Internal Revenue Service. "401(k) Limit Increases to $23,500 for 2025, IRA Limit Remains $7,000." Internal Revenue Service. "Publication 590-A, Contributions to Individual Retirement Arrangements ...