The House bill would increase the child tax credit to $2,500 per eligible child from 2025 through 2028, among other changes.

A 4.1 magnitude earthquake rattled eastern Tennessee and was felt all through the Southeastern states. Billionaire and co-founder of Microsoft Bill Gates told CNN’s Fareed Zakaria what he thinks of ...

No one wants to pay more tax than they owe. Building a tax-efficient retirement paycheck means weighing options, running ...

Here’s how an after-tax 401(k) works, and what you need to know to see if it’s right for you. How an after-tax 401(k) works. An after-tax 401(k) allows savers to put after-tax ...

Your employer will set aside funds in your deferred compensation plan, and the exact amount will be determined by an agreement. You don't have to pay federal income taxes on the contributed funds ...

Benefits of annuities Annuities are tax-deferred, meaning you won't pay taxes on the initial contribution or the investment gains until you withdraw. Remember, however, that if you decide to ...

Having financial flexibility in retirement — especially in being able to maximize your spending while minimizing your taxes — is an optimal situation. And it’s one you can arrange by keeping ...

Roth IRA conversions let you turn tax-deferred savings into Roth, incurring taxes now for tax-free withdrawals later. No limit exists on the amount you can convert per year, but large sums might ...