You may retire from work, but you'll never quite retire from paying taxes. How much you'll pay once you retire depends on the ...

Where you live during your golden years can make a measurable -- but likely not life-changing -- difference in your net ...

How some older adults could see federal income tax savings of $480 or more from a new senior "bonus" tax deduction, if it's passed by Congress.

Fidelity recommends putting aside three times your annual income by age 40. Here's how to get the most out of your savings to ensure a smooth retirement.

Key Points. A Reddit user is thinking of taking money out of his 401(k) after a layoff. Other posters suggested he avoid the early withdrawal by making sure he and his wife are signed up for the ...

Workers in their 50s have kept contributions steady, but many still fall short of recommended retirement savings targets ...

Your 401(k) doesn’t just disappear when you die. Here’s how it’s transferred, who gets it, the tax impact, and why beneficiary updates matter more than you think.

Navigating taxes in retirement can be challenging. Your tax situation may differ from your working years due to income and ...

Employer-sponsored plans, such as 401(k) accounts and IRAs, have an annual cap on contributions. If you are unable to max out your tax-advantaged plans, aim to save 15% to 20% of your income for ...

For each of the following suggestions, we’ll assume that the funds are not currently held in a Roth 401(k) but in some other type of retirement or bank account. Know your tax bracket It helps to ...

A decade ago, in the first quarter of 2015, employees contributed 8.1% of their pre-tax pay to 401(k) plans, according to Fidelity data. Employers kicked in 4.4% in matching contributions, for a ...