Tax

Here’s how to decide whether your client should select the traditional or Roth IRA to put away for retirement and boost their savings.

Medicare costs count as a deductible medical expense, but only if they exceed 7.5% of adjusted gross income.

Almost 50% of the workers polled by EBRI claimed to have less than $25,000 in their retirement accounts.

Until the early 1980s, Social Security wasn't taxed. But in some situations today, clients may be in for a surprise.

Until the early 1980s, Social Security wasn't taxed. But in some situations today, clients may be in for a surprise.

Despite a stock market rally, it is possible that American's 401(k) returns will remain low.

Here’s one reason why clients should consider maxing out their contributions ahead of claiming deductions this year.

Here’s one reason why clients should consider maxing out their contributions ahead of claiming deductions this year.

Clients who have assets in an IRA but want to reduce the costs may want to roll the money into their 401(k) plan if their employer allows such transfer.

Plan sponsors must watch out for tax law changes and rising interest rates, experts say.