Holding a high-yield dividend portfolio in a taxable account at the 24% federal bracket means writing the IRS a $14,400 check every year on $60,000 of income that should have been yours. It repeats ...

The Quiet Cliff Sitting Between $108,999 and $109,001 A single retiree, age 70, lives off Social Security, a modest pension, ...

Learn how the survivor’s penalty can raise taxes after a spouse dies and what widows and widowers can do to reduce the hit.

If you don't like the idea of that, you may be considering a Roth conversion. With a Roth conversion, you move money from a ...

Some states give multiple tax breaks to retirees, while nine others have no state tax on any kind of income, no matter your ...

This Roth conversion strategy can save you a lot of money on taxes in the long run. Here's how the setup works.

The types of IRAs include: With a traditional IRA, if you are under 50 years old, you’re allowed to contribute up to $6,000 ...

Bernstein Private Wealth Management reports on strategies for managing inherited retirement accounts, emphasizing tax ...

We own our home and our two cars (they're not new, but still running) and we have no debt. Our net worth is $5 million, including the house, retirement accounts, savings and stocks and bonds. We have ...

Your state may be draining your retirement funds. Taxes on IRA income, property taxes and various other levies can chip away ...

In your 70s, it's time to put your retirement plan into action. Here are some tips on how to maximize your success.

Tax-efficient retirement distributions can help advisors unlock more after-tax income and stronger legacy outcomes for ...