Contributions to a Roth IRA can be withdrawn penalty-free to open a 529 plan. 529 plans allow contributions to grow tax-free and provide tax-free distributions for qualified education expenses.

Thinking about transferring IRA funds to your HSA? Discover when this tax-free rollover can be beneficial for you.

Expecting a sizable income tax refund? You have choices about how to use that money. ISU Extension's Barb Wollan offers these suggestions.

The IRS updates tax brackets every year, so it's always a good idea to check whether you're close to one of the cutoff points.

Retirement often feels far off for adults in their 30s and 40s, making it easy to put off saving. But once you hit your 50s, ...

The Congressional Budget Office (CBO) recently released its Options for Reducing the Deficit, outlining a number ...

The Retirement Savings Contribution Tax Credit was new in 2002. It reduces or eliminates the income tax a taxpayer may owe. This also encourages people to contribute to retirement plans or to an ...

No matter what line of work you’re in, your goal may be to see your income increase from one year to the next. So if that’s ...

WASHINGTON (AP) — As House Republicans missed another deadline Friday to produce a massive budget package of tax cuts and ...

Hitting the brakes on investing while saving money for a down payment can put your long-term financial well-being at risk.

Repurpose A Thrifted Filing Cabinet Into A Unique Entryway Statement Piece Irv Gotti, Grammy-winning producer for Ashanti and ...

Most U.S. taxpayers expect a refund this year, and many plan to put it toward necessities. But a handful say they'll put it all in savings, where rates are currently high.