Tag Archive for: IRAs

Nine Last-Minute Tax Moves You Still Have Time To Make

Making a few last-minutes tax moves could lead to meaningful savings. Even small adjustments can add up. Here are nine smart steps to consider before you file.

How 2026 Tax Bracket Changes Affect Retirement Income

Understanding the new federal income tax thresholds could save retirees thousands through smarter withdrawal timing and conversion strategies.

IRS Increases Contribution Limits for 7 Retirement Accounts — Including the First IRA Catch-Up Hike In Years. Here’s How Much More You Can Save In 2026

The IRS has announced inflation-based increases for seven types of retirement accounts. Income limits for IRAs and the cap for qualified charitable distributions are also rising. These changes will apply to tax returns filed by April 2026.

Tax Season Is A Month Away. Review This Year Tax Checklist To Prepare

There are end-of-the-year tax tips that can set you up for the upcoming tax season. It's worth taking the time now to review your tax situation, as a little effort now could pay off big later.

This Charitable Giving Strategy ‘Almost Always’ Provides The Biggest Tax Break, Advisor Says

Qualified charitable distributions, or QCDs, are direct transfers from an individual retirement account to a non-profit organization. Additionally, retirees can give more in 2024, according to the IRS. Financial experts say this is a key move to maximize a tax break.

Average 401(k) Balance by Age In 2024: Benchmarking Your Retirement Savings

A 401(k), 403(b), or other retirement plan is more than a savings account. Retirement savings plans are a wealth-building tool to ensure a comfortable, secure, and stress-free retirement. By understanding how age, income, and gender impact your retirement savings, you can make better-informed decisions that align with your demographic and investment goals.