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

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

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

GOBankingRates asked ChatGPT to outline the most effective habits and tools that can stretch, grow and protect income over ...

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 ...

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 ...

A required minimum distribution is the amount of money you must withdraw from your retirement account by April 1 of the year ...

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

Families can give away assets during their lifetime to reduce inheritance tax liabilities, but failing to meet gifting rules ...

Voters in the Franklin City School District for the first time will vote on an income tax proposal. The Board of Education voted 3-2 to place a 1% continuing school district income tax on the Nov. 4 ...

A 66-year-old retiree is facing a dilemma that might sound familiar to anyone considering adding a little adventure to their retirement years: should he tap into his IRA to pay cash for a vacation ...

You don’t have to choose just one. Life insurance and Roth IRAs can work in tandem to provide retirement income.