High taxes when you’re working doesn’t mean high taxes when you stop. California may very well be a retiree-friendly low-tax state.
Most of the 401k/403b/457 and IRA contribution limits will stay the same in 2021. Some of the income limits will increase slightly.
Rolling over a 529 account from one plan to another is very simple, but first find out whether your state will claw back previous state income tax benefits.
A 401(a) plan allows additional contributions on top of 401(k), 403(b), and 457 plans.
Whichever learning style suits you, learning more about taxes will help you save money in the long run.
Paying estimated taxes based on previous year’s tax is the easiest. Estimate your income and taxes only when you have a large drop in income.
Stop paying $200 to file your taxes just to receive Earned Income Tax Credit and Child Tax Credit. Here’s how to do it for free with TurboTax.
If you receive EITC or the ACA subsidy, you should contribute to the Traditional 401k, not to the Roth 401k.
Although it sounds like more old school, the software you install on your own computer is actually both less expensive and more powerful.
When you are a resident of California or New Jersey, having an HSA and especially investing in the HSA require extra tax reporting. Here’s how to do it.
This calculator shows the effect on ACA subsidy when you convert to Roth or when you realize long-term capital gains.
The IRS gave taxpayers flexibility in treating the 2018 HSA contribution limit for family coverage as $6,900 or $6,850.