Taxes

Taxes

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Nine Lessons to Be Learned From the Hilton Family Trust Contest

This article discusses the contest of Barron Hilton’s family trust, which centers on changes made by Barron Hilton after the death of his wife, Marilyn. Barron gave 97% ...
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Featured Retirement Taxes

YOUR MONEY Some retirement savers can still get a ‘special tax credit,’ IRS says — but most don’t claim it

Some retirement savers can still snag an extra tax incentive for 2023. However, most eligible filers don’t claim it, according to the IRS. The retirement savings contribution credit, or “saver’s ...
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Featured Income Retirement Taxes

Americans have poor understanding of retirement income planning

Most respondents to a new study by the American College of Financial Services had a poor understanding of how to plan for the finances they will need in retirement. Results ...
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Contributors Featured Retirement Social Security Taxes

To save Social Security, they may come for your 401(k)

It looks like we had better ramp up our 401(k) and IRA contributions to the absolute max while we still can, folks. That means a full $30,000 this ...
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Contributors Featured Income Retirement Social Security Taxes

A New Bill Aims to Fix Social Security by Eliminating Taxes on Benefits

Asmall group of lawmakers wants to eliminate taxes on Social Security benefits as part of a proposal they claim could help fund the flagging program. Rep. Angie Craig, ...
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Featured Retirement Taxes

8 Things You Need To Know About Taxes Once You Reach Age 65

Tax planning doesn’t necessarily get easier as you age. There are times when taxes get more complicated as you get older. When taxes are complex, there are more ...
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Contributors Featured Retirement Taxes US

2023 Tax Tips From a Retired Tax Accountant

You can always use some professional tax tips when it comes to saving taxes. Some financial decisions, like filing your income tax, should be diplomatic indeed. With effective ...
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Contributors Featured Retirement Taxes

Want to Minimize Retirement Taxes? Don’t Follow This Popular Strategy

If you’re planning on making tax-deferred retirement accounts the last pot of money you tap after retirement, you’ve got a lot of company. And why not? The idea that your ...
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Featured Income Lifestyle Money Retirement Taxes

How to know you’re on track with your retirement savings, according to a financial expert

Investing money for retirement can be daunting, especially since it’s common for future retirees to worry about whether or not they’ll have enough money to last them through their golden years. ...
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Contributors Featured Lifestyle Retirement Taxes

4 Ways Taxes Could Burst Your Retirement Bubble (and What to Do About Them)

When people think about retirement planning, they tend to put their focus on saving and investing so they have a nice nest egg when they quit working. And ...
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