Andrew Shilling

High-deductible plans open the door to tax breaks for high-income investors, an expert says.

“Not every muni is trying to achieve the same thing,” an expert says.

Clients should consider paying more deductible expenses before year-end if their total itemizable deductions will be close to their standard deduction amount.

“The combination of low rates, curbs on state and local tax deductions, and consistent economic expansion have been a nice tailwind,” an analyst says.

Among the honors this year by NICSA are awards for operational excellence, and advances in product development and technology.

The tax basis can change when homeowners compute depreciation, loss or gain for sales purposes.

At more than twice the price of the average fund, many with the even biggest gains still underperformed the broader market over the last decade.

Taxpayers face a 5% penalty if they fail to meet the deadline.

Those who experience a financial setback when they are preparing to retire are advised to stick to the budget and cut spending.

Deviation from the broader market has left more than half of these products with losses during a time the Dow and S&P 500 each posted double-digit gains.