Personal Finance
Latest Personal Finance News
What Is the Tax Rate on 401(k) Withdrawals After Age 65?
Reaching age 65 doesn’t automatically change how the IRS taxes your 401(k) withdrawals. Instead, it taxes distributions from a traditional…
Cross-Border Tax Accountant: Services and Examples
When your financial life involves more than one country, taxes can get complex. This is true for expats, dual citizens,…
Dependent Care FSA: High Income Earners
For high-income earners, balancing a demanding career with the rising costs of childcare can quickly become a financial juggling act.…
Do 401(k) Loans Show Up on Your Credit Report?
A 401(k) loan does not appear on your credit report because it isn’t considered a loan from a third-party lender.…
I Have $1.1 Million in My 401(k). What Should I Do With It When I Retire?
Leaving the workforce changes many aspects of your 401(k), and once you retire you will have to make a number…
Extra Standard Deduction for Seniors Over 65: Requirements
Turning 65 doesn’t just mark a milestone in life, it can also unlock valuable tax savings. The IRS grants seniors…
Standard Deduction for Married Filing Jointly: Strategy and Examples
One of the biggest tax decisions that a couple can make is whether to take the standard deduction or itemize.…
Standard Deduction for Singles: Strategy and Examples
Filing taxes can feel overwhelming, but one of the most important decisions you’ll make is also one of the simplest:…
Jerome Powell’s Wednesday Press Conference Shows Why He Must Step Down
The fundamental flaws in the way the Federal Reserve operates these days were on full display Wednesday when Jerome Powell…
Top Social Security Tax Rising 4.8% In 2026, As Benefits Creep Up 2.8%
The nation’s 75 million Social Security recipients will receive a 2.8% cost of living adjustment (COLA) increase in their benefits…
