Learn about the IRS’s new Code Y for reporting Qualified Charitable Distributions (QCDs) from IRAs, effective in 2025.

You can use charitable donations to get out of RMDs -- if you do things the right way. The $23,760 Social Security bonus most ...

Wealth Enhancement reports seven year-end tax moves to optimize savings, including maximizing retirement contributions and ...

For recent retirees, required minimum distributions (RMDs) become a way of life at age 73 (75 if you were born in 1960 or later). RMDs are the government's way of ensuring it collects taxes on money ...

Properly reinvested, a RMD can provide continued growth, financial stability, and flexibility. If you're looking for ...

Decoding Retirement Host Robert "Bob" Powell answers viewer questions about retirement alongside HerMoney Media CEO Jean ...

New charitable giving tax rules will soon lower your deduction for donations to charity — here’s what you should do now.

Everybody hates being told what to do, and retirement investors hate it even more when being told what to do comes with a ...

A qualified charitable distribution is a direct transfer from your pretax IRA to a qualified charity. Instead of withdrawing ...

If you're 73 or older, there's a good chance the IRS is expecting you to take a required minimum distribution (RMD) this year ...

Financial advisor Brad Allen joined us Wednesday, Nov. 12 to talk about how people can make the most of their charitable giving during the holiday season.Allen, from Drake & Associates, ...

In this week's Ask the Editor Q&A, Joy Taylor answers tax questions on the 20% deduction for qualified business income or QBI ...