IRAs

Here’s one reason why clients should consider maxing out their contributions ahead of claiming deductions this year.

Despite the projected increase in health care expenses, clients can expect their total living costs to decline after they retire, as they will owe lower or no income taxes and have fewer items on their budget.

These products are meant for short- and intermediate-term investing and should carry enough risk to grow and meet the goals over time.

Nearly 2 million Americans aged 50 to 64 had Parent Plus loans last year, and 200,000 retirees aged 65 and older carrying the same type of loans.

How IRA conversions can come at a steep price for clients. Plus, ways to dodge a surprise bill from the IRS.

Many people who qualify for the Retirement Savings Contribution Credit can save as much as $2,000 on taxes but fail to claim it because they are not aware of it.

A reverse rollover from IRAs to other retirement plans is an option that enables investors to improve their tax efficiency.

The proposed new Roth health savings account is designed to help people cover health insurance premiums and out-of-pocket medical costs.

When a tax-deferred account is part of an estate, failure to follow the tax rules correctly can result in a financial disaster.