While tax withholding is automatic while working, retirees face the responsibility of ensuring their income is withheld for ...

Saving for your retirement in your 40s and 50s may mean playing catch-up. Here's how to save more and pay less in taxes now ...

MoMo Productions / Getty Images Individual retirement accounts (IRAs ... "CPI Calculator." Internal Revenue Service. "Earned Income and Earned Income Tax Credit (EITC) Tables." ...

With many federal employees unexpectedly losing their jobs, now is a good time to review some essential tax rules.

If you've been tucking money away into a traditional IRA, SEP IRA, SIMPLE IRA, or employer-sponsored plan like a 401 (k), you'll eventually have to take required minimum distributions (RMDs) and pay ...

The math can get a little tricky, but you can find calculators online or through tax software to figure ... per year into a Roth or traditional IRA. Absolutely! Here's a table summarizing the ...

But here’s the truth: A tax refund isn’t a gift. It’s part of every paycheck you should have been getting all along. It’s not ...

For 70 years, April 15 has been the day of reckoning for most Americans who must file their returns with the Internal Revenue ...

Discovering that you’ll be getting a tax refund is certainly not the worst news you’ve had in your life. In fact, it’s easy to see a tax refund as some kind of gift from the ...

How great is it that a tax-deferred retirement plan allows you to invest pre-tax dollars? Such plans encourage saving for your golden years while reducing the taxes you owe. The only catch is this: ...

Discovering that you'll be getting a tax refund is certainly not the worst news you've had in your life. In fact, it's easy to see a tax refund as some kind of gift from the universe. You might even ...

For example, if your income is $5,000 every month, $2,500 will go to your needs, $1,500 to your wants, and $1,000 for saving ...