Tax

Some seniors are missing out on a potential 20% tax deduction, and “no one is talking about what a wonderful retirement planning technique" it is, says an expert.

Seniors in this position may face a tax bill and possibly a penalty if they dip into their 401(k) prematurely, says an expert.

The tax law overhaul has created planning opportunities.

“People didn’t want to use up their estate tax exemption,” but that has changed as a result of the new law, an expert says.

Rather than developing a new family of ETFs, the asset manager created them as a share class within its existing mutual funds.

The bank allegedly helped French clients evade taxes.

A 67-year-old wife collecting spousal benefits will be better off waiting until 70 before shifting to her own retirement benefit if she remains healthy, according to this Q&A article.

As retirement horizons grow, the rich are less willing to focus on generational wealth transfers.

The firm joins a growing roster of asset managers taking advantage of new tax breaks for investing in low-income communities.

When financial emergencies compel early withdrawals from clients' retirement accounts, they face income tax and often an additional 10% penalty.

Cuts in Medicaid could prove disastrous for low-income retirees who rely on the program for nursing home care, experts say.

“Health care prices are increasing at levels that significantly exceed overall inflation,” an expert warns.

The earlier they begin planning, the easier it'll be to avoid a big tax hit.

Blucora’s wealth management unit is transforming while showing some impressive results. But is the firm moving too fast?

Capital gains tax rates are not just taxed at a single, more favorable, rate anymore.

A proposal to increase payroll taxes is facing opposition from some lawmakers who believe millennial workers cannot afford to bear the brunt of higher payroll taxes.

The strategy only applies to investments held in taxable, not tax-favored, retirement accounts.

New legislation that aims to give workers greater opportunities to save may put the kibosh on a strategy for passing large individual retirement accounts to heirs.

Advisors are ensuring that multibillion dollar estates go exactly where HNW clients want them to go.