Limiting retirement plan tax perks may help Social Security, experts say
Wand_prapan | Istock | Getty Images There’s no debate that Social Security’s funds — which are projected to become insolvent in the next decade — need fixing. But a new …
Wand_prapan | Istock | Getty Images There’s no debate that Social Security’s funds — which are projected to become insolvent in the next decade — need fixing. But a new …
Tom Werner | Digitalvision | Getty Images As the calendar turns to a new year, you may be at risk for losing money if you have a flexible spending account. …
IRS Commissioner Daniel Werfel testifies before the House Small Business Committee on July 17, 2013. James Lawler Duggan | Reuters They’re using resources to reverse the precipitous decline in enforcement …
Shoppers at a Chicago grocery store, Aug. 9, 2023. Scott Olson | Getty Images Inflation has continued to take a bite out of Americans’ wallets in 2023. But onetime predictions …
Terry Vine | Getty Images Higher earners who maximize retirement savings now have more time for pretax catch-up 401(k) contributions, thanks to new IRS guidance. Currently, “catch-up contributions” allow savers …
Andreypopov | Istock | Getty Images Property taxes can be a major expense for households, and several factors may affect the size of the bill, research shows. These levies, which …
The Mega Millions jackpot grew to $940 million on July 27, 2023. OLIVIER DOULIERY | Getty The Mega Millions jackpot has ballooned to an estimated $940 million ahead of Friday’s …