Standard retirement account beneficiary forms may not be flexible enough to ensure your money passes to family members according to your wishes. Naming a trust as the contingent beneficiary can help ...

Let's begin with the best news — you'll probably not owe any state taxes on your monthly Social Security payments. A total of 41 states, as well as Washington D.C., simply don't tax this income.

Most states offer at least one tax break to retirees but some exempt multiple forms of retirement income and eight states have no income tax at all.

Forms 1099 report a wide range of taxable income to the Internal Revenue Service (IRS). Issuers of these payments are ...

Retirement planning involves more than building a nest egg, it also requires managing taxes so you keep more of your savings.

Retirement planning demands attention to laws and fiscal opportunities that shape financial security. The SECURE 2.0 Act and Trump's tax reform offer distinct yet complementary paths to a prosperous ...

New findings from the Employee Benefit Research Institute (EBRI) show that 75% of Americans expect to keep working after they ...

The good news is that most states don’t tax Social Security income. A small number of states also simply don’t charge any income tax. Four states exempt most retirement income from state-level ...

Social Security is a financial lifeline for retirees. Fortunately, most should be able to avoid paying taxes. Pensions are still an important source of income for many, and the tax treatment varies by ...