The IRS views interest on a savings account as earned income, whether it's $1 or $1,000. So, if you received interest on a ...

By leveraging tax-advantaged accounts and products, you can build a retirement plan that maximizes growth, minimizes taxes ...

Learn how a reverse mortgage can supplement your retirement income without increasing your tax burden. Discover strategies ...

The jockeying and the April 15 tax deadline are timely reminders that smart retirement planning involves taking advantage of ...

The simple act of withdrawing money during the downturn not only becomes a taxable event, but it's also going to be an erosion event. If you have another bucket, the reverse mortgage line of credit, ...

You may be required to pay taxes on a portion of your Social Security benefits. Here's what you can expect to pay.

By Brad Rhodes Tax deferral is a strategy in which you delay paying taxes on income until a later date. This can be achieved through investment in certain tax-deferred accounts. Your investment ...

According to the Financial Industry Regulatory Authority (FINRA), you pay income tax on your pension and withdrawals from any tax-deferred investments — including IRAs, 401(k)s and tax-deferred ...