Where asset managers look for mid-year income as rates remain high
With the Federal Reserve's rate cut outlook today a reversal from what it was in January, now is a good time for investors to review their fixed-income allocations. There have…
Here's How to Reduce Income Tax on Your Pre-Tax IRA Withdrawals
Maryna Terletska | Moment | Getty Images Individual retirement accounts are growing in size, and that could pose tax problems for retirees or their children who inherit the assets, experts…
Here's how to reduce income tax on your pension withdrawals
Vladimir Vladimirov | E+ | Getty Images If you're nearing retirement and have a large pre-tax 401(k) plan or an individual retirement account balance, you need a plan for managing…
Supreme Court upholds Trump-era tax on foreign income, sidestepping disruptive ruling
Washington — The Supreme Court on Thursday left intact an obscure tax that was introduced as part of Republicans' sweeping 2017 reform package. focuses on American taxpayers with shares of…
Couples say they can’t get married because of the outdated rules of Social Security’s Supplemental Security Income program. : NPR
It wasn’t until after Amber and Devon Weise married that they learned Supplemental Security Income, the federal benefits program Amber relies upon, penalizes couples who marry. Amber lost her monthly…
The Supreme Court's decision upholds the Trump-era tax on offshore income
The Supreme Court on Thursday rejected a challenge to an obscure provision of President Donald Trump's 2017 tax package, ending a lawsuit that many experts feared could destabilize the country's…
Supplemental Security Income marks age 50. How benefits can change
Martona photo | Moment | Getty Images A federal program for people with disabilities and older adults made the first distributions 50 years ago. In 1974, Supplemental Security Income, or…
Trump advocates abolishing the US income tax and replacing it with import duties
Republican presidential candidate, former US President Donald Trump, speaks during his campaign rally in Sunset Park on June 9, 2024 in Las Vegas, Nevada. Brandon Bell | Getty Images Donald…
Russia's wealthy elite could face higher income taxes if authorities propose a new, progressive system
MOSCOW — Russia's wealthy elite could face higher income taxes, according to a proposal put forward by the Russian Finance Ministry on Tuesday. The proposal, which is likely to first…
Rachel Reeves promises no income tax or NI increases under working conditions
Labor has pledged not to increase income tax and national insurance contributions if it wins the general election, although cuts are still on the table. Shadow Chancellor Rachel Reeves, speaking…
