RMDs

The amount that can be transferred is equivalent to the HSA's annual contribution limit, which is $3,400 for singles and $6,750 for couples.

Making excess withdrawals could result in taxes on the earnings and a hefty 10% penalty.

The withdrawals can be taken early in the year, late in the year or in installments throughout the year. Each approach has advantages to consider.

Congress may have a difficult time closing tax code loopholes that benefit households more than corporations, an expert suggests.

Planning may help high-income seniors avoid paying up to four times the going rate for Part B and Part D coverage.

If clients tap their Roth accounts at the wrong time, even after retirement, they could lose out on some potential tax benefits.

Clients should plan to replace roughly 80% of their pre-retirement income after they leave the workforce for good.

Only 3% of households earning under $50,000 a year benefitted from the mortgage interest tax deduction.

Here’s how receiving investments on a stepped-up cost basis can save a client’s inheritance.

The average score of correct answers was 47%, and only 5% of respondents earned a grade higher than C.