I’m still mad about it,” says one taxpayer who was hit with a 10% penalty.

Michigan is a top choice for retirees. Enjoy low taxes, breathtaking scenery and abundant outdoor recreation.

The Beatles struck a chord in more ways than one with their 1966 song "Taxman." Its lyrics included the lines: Let me tell ...

Every state taxes retirement income a bit differently. More often than not, the way retirement income is taxed can impact a ...

Paying taxes is a drag no matter how old you are. But when you’re retired, taxes can be even more of a problem than during ...

Avoiding the variety of mistakes that can occur during a retirement account rollover requires careful consideration.

With only two weeks remaining in the 2024/2025 tax year, taxpayers have a final opportunity to maximise their tax-deductible ...

From a continuing care retirement community to an independent living village, retirees have a lot of ways to live out their ...

Planning for retirement is one of the most important financial steps you can take, yet many South Africans delay saving for ...

Unfortunately, retirees living in nine states could find out they don't get to keep all of their Social Security benefits. Their state governments tax Social Security benefits based on their income, ...

A new report found high-earning, older millennials would benefit from Trump's Social Security tax proposal—but not all groups ...

The saver’s tax credit helps people who earn modest incomes save more for retirement. Learn whether you qualify for it and the advantages it can provide.