A Reddit user inherited $200,000 recently and is trying to figure out how to best use the funds to enable early retirement.

After losing both her husband and father within two years, Ana turned to spending as a way to cope with overwhelming grief. Travel, shopping, and dining out became temporary comforts — but they also ...

Roth conversions, especially when combined with smart structuring techniques like this, can be one of the most impactful ...

Transitioning the Trust to its own EIN led to a significant tax increase, prompting a full portfolio and tax strategy review.

Retiring in Florida? Claiming domicile could save you thousands in taxes. Here’s how to do it — and why high-tax states may ...

A 25-year-old has a 15% employee stock discount and can invest up to 10% of his salary into this program. This program offers ...

Private placement life insurance (PPLI) offers almost unbelievable investment flexibility, estate planning and tax advantages ...

No one wants to pay more in taxes than they have to. Here are nine IRS-approved strategies the wealthy use to pay less in ...

However, if you correct the mistake within two years, you may be eligible for a reduced penalty of 10%. Many beneficiaries might need to take RMDs from inherited retirement savings accounts even if ...

But the approach can be useful for other savings and investment goals, too, including covering long-term-care costs out of ...

If you have a significant amount in tax-deferred retirement accounts, you could be sitting on a tax time bomb. Luckily, there's a way to defuse the situation.

Learn about what generational wealth is and discover ChatGPT’s step-by-step guide to building it, including some actionable ...