Traditional IRA provides $142,322.17 more in after-tax value (30.88% advantage) Your tax rate is expected to decreasefrom 24.00% to 22.00%in retirement Reinvesting Traditional IRA tax savings adds ...
If your modified adjusted gross income (MAGI) is too high, your Medicare Part B premiums could skyrocket. This article ...
That number is your household’s modified adjusted gross income (MAGI). If you understand this metric, it becomes much easier ...
Business Intelligence | From W.D. Strategies on MSN

5 tips for avoiding penalties on your first required minimum distribution

Retirement planning is full of twists and turns, yet few things cause as much confusion as required minimum distributions.
The biggest change once I retire is that I won't be "saving" for retirement anymore, so I won't need to replace the pretax money currently going into my 401 (k). Rather than working off a percentage ...
Contributing money to a traditional or Roth IRA can help you save money for retirement on a tax-advantaged basis. Should you ...
What Are RMDs? Required Minimum Distributions are withdrawals that the IRS mandates you begin taking from your retirement accounts once you reach the age of 73. This rule applies to traditional IRAs, ...
For Americans ages 45 to 54, the median 401(k) balance is just $67,769 according to Vanguard’s How America Saves Report. This ...
"Trump accounts," the new investment vehicle for children that was part of the so-called One Big Beautiful Bill Act, could ...
Discover legal strategies to minimize taxes when cashing out cryptocurrency in 2026, including tax-loss harvesting, ...
The new deduction can lower your taxable income and thus your combined income. It's estimated that 90% of seniors will now pay no federal income tax on their Social Security benefits. Some other ...
Seasoned federal employees who survived the turmoil of 2025 might be thinking: Should I retire in 2026? You should make this most crucial and personal of decisions on the basis of where you want to be ...