In 2025, an individual can give up to $19,000 to as many people as they wish without reporting the gift on a tax return or ...

A new way to save for children will become available next year as a result of tax legislation passed last summer.

Retirees who give to charity often feel torn between generosity and the reality of fixed-income budgets and unpredictable tax ...

There are number of ways for older Americans to manage their income, investments, and charitable contributions to pay less to ...

Roth conversions should never be done on a whim — they're a product of careful timing and long-term tax considerations. So how can you tell whether to go ahead?

Dear Liz: When I retired, I had a small 401 (k) with about $12,000 in it. Instead of rolling that money into an IRA, I took a distribution and paid taxes on it. I had no immediate need for the ...