Retirement plan contribution limits regularly increase. In response to inflation, the IRS announced substantial increases to many of these limits for 2023. Be
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Managing taxes during retirement might be the single most critical factor influencing your retirement lifestyle. As you transition from working for an income to
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If you are above a certain income threshold, you may be subject to an additional Medicare surtax. Under The Affordable Care Act, the Medicare surtax requires an
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If you have company stock and are looking to withdraw it from your retirement, the net unrealized appreciation (NUA) tax break may be an option you should
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Funding a Health Savings Account, or HSA, is a great way to save and pay for qualified out-of-pocket medical expenses. But are you familiar with the withdrawal
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Roth IRA distributions are always tax-free... right? Not necessarily. There are certain circumstances where your Roth IRA distribution could be subject to
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Converting your traditional IRA to a Roth IRA can come with many benefits, including eliminating the uncertainty of how future tax rates will impact your income
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Have you heard about the opportunity cost argument against Roth conversions? Some believe there is a lost opportunity cost by doing a Roth conversion because
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As a retirement account owner, you’ve probably been warned about the 10% early distribution penalty that applies to taxable distributions made before age 59½
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Have you recently inherited a loved one’s retirement assets? If so, you should know that there may be an income tax deduction available to you called the income
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