The John Hancock Freedom 529 Portfolio recorded a low single-digit loss for the quarter and trailed its blended benchmark.

Many families and individuals who want effective and efficient ways to save for education expenses often turn to the ever-popular 529 plan, which offers wide-ranging tax benefits. In recent years, the ...

tax savings each year. Examples of Tax Deductions The most common federal tax deduction used to reduce your federal income tax liability is the standard deduction. Each taxpayer may claim a ...

Should families move to more conservative assets to protect their savings, or should they ride out the volatility? The best ...

However, if the only feature you associate with the retirement saving plan is its tax advantages ... Under the Employee Retirement Income Security Act (ERISA), your 401(k) funds are typically ...

Some ways to reduce your tax liability include contributing to a retirement or health savings account. You can also use credits or other deductions to reduce your taxable income. Your federal tax ...

The non-profit By Degrees Foundation received $140,000 from the Mid-Iowa Health Foundation to expand 529 savings account programs to Harding students. Originally, enrollment with the By Degrees ...

Need a break? Play the USA TODAY Daily Crossword Puzzle. Roughly 40,300 people in Michigan did not file their 2021 federal income tax returns, according to the IRS, and they are owed $37.3 million ...

The savings in taxes ... the estimate came from. The income tax cut would reduce revenues in the current $81.3 billion state budget by about $539.3 million. Michigan’s fiscal year runs from ...

House Republicans are again trying to roll back Michigan’s income tax rate from 4.25% to 4.05% The state automatically lowered its rate to 4.05% in 2023, but courts ultimately ruled the cut was ...

Michigan City has been discussing tearing it down to open up more of the lakefront to public use. The USW hopes to save the 125 union jobs and $5 million in annual tax revenue, noting it helped ...

President Donald Trump has pledged to end the practice, and one Michigan lawmaker wants voters to decide. Could the sun be setting on Daylight Saving Time? Personally, I don't think we need to ...