By creating a tax-smart retirement income plan, you can better manage your tax burden to ensure you have enough income to ...

In a recent episode of "Ask the Hammer," financial expert Jeffrey Levine from Buckingham addressed a common concern among Social Security recipients: the potential need for tax withholding on their ...

January is a good time to consider tax planning. Amid the yearly onslaught of inflation-adjusted tax figures, here are three ...

Gov. Ned Lamont addressed the legislature in a State of the State Address ahead of the regular legislative session.

• $871.0 billion in value added (GDP). • $224.3 billion in federal, state and local tax revenue. Pension expenditures have large multiplier effects: • Each dollar paid out in pension benefits ...

The IRS has implemented new tax brackets and standard deductions for 2025, offering a slight boost to paychecks and reducing income tax for many Americans. These changes, though modest, are designed ...

The SECURE 2.0 Act made another change impacting RMDs by requiring the IRS to adjust the qualified charitable distribution ...

Their contributions would not be subject to income tax, although distributions made in retirement would ... “Historical Income Tables: Households,” download “Table H-6. Regions-by Median and Mean ...

There are limits as to how much you can contribute and for income thresholds for individual retirement accounts. For 2024 and 2025, you can contribute $7,000.

The average Social Security benefit will reach $1,976 per month in025. Part of that has to do with inflation, which has hurt ...

The IRS released its updated contribution limits and adjustments to eligibility thresholds for 401(k) plans, IRAs and other ...