Charitable giving: Tax-smart strategies for doing good Developing a tax-savvy giving back strategy can be an important part of a comprehensive financial plan — and help make doing good an effective year-round endeavor.
Income tax brackets unveiled Wondering what are the federal income tax brackets for the 2024 and 2025 tax years? Find your federal income tax rate and what you might owe the IRS here.
Move a mile, make a million Tax optimization strategies are an important consideration in overall wealth and lifestyle planning. You don’t have to move thousands of miles to benefit from “tax cliffs” – or variations in tax rules when you cross a border.
Are political contributions tax-deductible? Political contributions are not tax-deductible. This applies to a wide range of donations associated with politics. Learn more about key considerations.
Wash-sale rule: A key consideration in tax-loss harvesting Within tax-loss harvesting, the wash-sale rule prohibits you from writing off an investment loss, which could make your taxes higher than hoped. Learn how to identify and avoid wash sales.
Required minimum distributions (RMDs) Required minimum distributions (RMDs) require retirees to start withdrawing money and paying taxes on withdrawals when they reach a certain age. Learn how to calculate your RMDs.
Making a Difference: How advice drives retirement readiness in the tax-exempt market Empower research finds that workplace savers who have taken advantage of advice interactions available through their plans are significantly better prepared for retirement than those who haven't.
What are Roth IRA taxes & how do they work? Roth IRAs have unique tax benefits for investors, including tax-free growth and withdrawals. Learn how Roth IRAs work and how they compare with other tax-advantaged retirement accounts here.
What’s the difference between after-tax contributions to a 401(k) plan vs. Roth 401(k)? While similar, Roth and after-tax 401(k) plans have several key differences. Dig deeper into the pros and cons of each.
What is PITI? PITI stands for principal, interest, taxes, and insurance. It's what makes up your annual homeownership expense and determines how much house you can afford.
What is tax-loss harvesting? Tax-loss harvesting is the investing technique of selling depreciated securities to offset gains within a given tax year.
How to avoid capital gains tax Capital gains taxes are owed when an asset is sold for more money than was paid for the asset. Learn more about capital gains taxes and how to avoid them.
