The “One Big Beautiful Bill Act” (the “BBB”) was signed into law by President Trump on July 4, 2025. The BBB generally extends certain tax ...

In concrete terms, money contributed to a Traditional IRA can reduce taxable income for the year, resulting in an immediate ...

Required minimum distributions (RMDs) are required for tax-deferred retirement accounts. The amount of your RMD will depend ...

Maeve has a defined benefit pension that will pay $68,418 a year, indexed to inflation, starting at age 58. That includes a ...

One of the main pitfalls of the Backdoor IRA is the famous "pro-rata rule". This rule requires that all of a taxpayer's ...

Avoid a single $200,000 lump sum. Spreading it over two years — say something as simple as gifting $100,000 this December and ...