The rich use a variety of strategies, all perfectly legal and available to everyone, to reduce the size of their income tax bills.
More members of Generation Y are taking advantage of both IRAs and 401k's to sock away money for retirement.
Conventional advice to drain taxable accounts first isn't always best. Consider delaying Social Security and tapping taxable and tax-deferred accounts simultaneously to minimize tax bite.
New IRS inflation-adjusted figures increase the maximum individual 401k retirement plan contribution to $17,000 for 2012. Should you take advantage of it?
Workers will be able to sock more away for retirement while enjoying tax benefits.
You can avoid costly mistakes by following these simple steps.
Here's what to consider when you're changing jobs and have to decide what to do with your retirement account.
If you make the wrong moves with your retirement account when you change jobs, you could inadvertently reduce your retirement income.
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