The IRS Extends Additional Tax Deadlines for IRAs, HSAs, and More

Previously, the Internal Revenue Service (IRS) announced that the federal income tax filing due date for individuals for the 2020 tax year had been automatically extended from April 15, 2021, to May 17, 2021.1 More time for all However, the [...]

8 Ways to Reduce the Tax Bite During Retirement

It's one thing to build up your retirement savings so you can retire. But remember, every dollar you save in tax-deferred plans, including 401(k)s and traditional IRAs, will be taxed when you withdraw money in retirement. It’s also important to [...]

IRA Withdrawal Planning Can Save on Taxes

Advance planning can, in many cases, minimize or even avoid taxes on IRA distributions and other qualified plan distributions. When contemplating future retirement and when to begin tapping taxable IRA and other qualified retirement accounts, taxpayers need to consider a [...]