A spousal IRA isn’t a unique type of IRA or a joint account, but instead it is a separate IRA opened and owned in the name of the nonworking or low-income earning spouse. This w ...

The Roth IRA is an Individual Retirement Account created in the United States in 1997. Unlike the Traditional IRA, which ...

One of the most common mistakes is failing to understand the fundamental differences between the two types of IRAs. In a ...

Assessing the new over-65 deduction and its implications for Social Security taxation, as well as new rules for charitable ...

The current tax landscape presents significant opportunities. On July 4, President Donald Trump signed the “One Big Beautiful ...

From student loan debt to a changing job market, this generation has some potholes to navigate. But with those challenges come opportunities.

IRAs (Individual Retirement Accounts) are certainly popular. According to research from the Investment Company Institute (ICI ...

Roth IRA conversions have long been a go-to strategy for managing long-term tax liability. By moving funds from a traditional IRA to a Roth IRA — triggering ordinary income tax in the year of ...

Imagine losing nearly a quarter of your monthly income just as you’re about to retire. That’s the reality millions of ...

GoFundMe launched a new platform for charitable giving called Giving Funds, which lets you create your own donor-advised fund ...

The Trump Accounts Contribution Pilot Program starts eligible kids off with a one-time $1,000 credit. The money comes from ...

Trump Accounts come with some restrictions. Before the child turns 18, annual contributions are capped at $5,000. Employers ...