In the complex world of tax deductions can be daunting, but understanding which medical expenses you can deduct can ...

New analysis highlights the potential wealth you can amass in a health savings account, but there are plenty of caveats.

One of the most common notices from the IRS that my clients receive relates to distributions from their Health Savings Accounts (HSA). It is important to properly report these distributions from ...

For 2024, taxpayers can contribute up to $7,000 to traditional IRAs, with those 50 and older eligible for an additional ...

Many Gen Xers are focused on strengthening their retirement savings as they move through their peak earning years. With fewer ...

Once you turn 50, and especially after age 65, you may qualify for extra tax breaks. Older people get a bigger standard deduction, and they can earn more before they have to file a tax return.

Most Americans rely on Social Security benefits to help make ends meet during retirement. But there are concerns that the ...

Investing for retirement is more important than ever. With rising inflation, Social Security in jeopardy and pensions nearly ...