A new tax deduction for people over age 65 has some thinking about Medicare premiums and MAGI strategy.

With some careful planning focused on the standard deduction, retirees who have large sums in tax-deferred accounts can avoid unpleasant tax bills and even part ways with the IRS for good.

Retirees will see a nice change to their returns this year.

The IRS has released 2026 tax brackets—here’s how understanding your bracket can help you save with smart retirement and Roth conversion strategies.