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Seniors are more likely to opt for the standard deduction, which increased under the new tax law, but those who want to maximize their deductions have several considerations.
February 5 -
The number of people in that group fell by more than 28% in the fourth quarter, according to Fidelity's data.
February 5 -
Lawmakers this year are expected to pursue measures that will help Americans enhance their retirement prospects.
February 4 -
A recent ruling by the U.S. Labor Department could open the door for automatic 401(k) transfers between employers, which means fewer workers will be tempted to cash out.
February 1 -
Millennials lag behind in terms of credit card debt and retirement savings, but they spend the most on vacation, dining out and other unnecessary expenses, according to a new study.
January 31 -
Conventional wisdom says to postpone filing for benefits until full retirement age or, even better, until your 70th birthday. Are there some cases when that doesn't apply?
January 30 -
One approach to determine a retirement withdrawal rate is to set a fixed percentage of their portfolio every year, says an expert. But there are other strategies, as well.
January 29 -
The impact of the 35-day partial government shutdown could delay the process this year.
January 29 -
The latest funding round puts Acorns, led by CEO Noah Kerner, at a reported valuation of $860 million.
January 28 -
Compared to lower earners, clients with moderate and higher incomes will owe more taxes on the distributions from tax-deferred accounts after they retire.
January 28