News and advice on how to minimize your tax liability in retirement

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Strategies to lower your 2021 tax bill — and line up future tax savings

Amid uncertainty about proposed tax increases, these are the tax moves to consider before the end of the year.

More Headlines on Taxes

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How South Dakota became a haven for both billionaires and full-time RV-ers

South Dakota looms large in the 'Pandora Papers' investigation into how wealthy people hide their money, thanks to favorable trust and tax laws.

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Should I convert my traditional IRA to a Roth IRA?

6 things to do before you make the move

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What does an estate executor do? Here’s a checklist of the most important financial duties

The financial stakes can be high, and there may be deadlines that pile on the pressure.

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How to settle a loved one’s estate — and when to hire a professional organizer

Key questions include whether there's enough cash or income for the surviving spouse to live comfortably without selling the family house.

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What to do if you’re the executor of a loved one’s estate — starting with when to pay the taxes

As the executor, you’re on the hook for filing the federal income tax return for the estate of your deceased loved one

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Should I do that Roth IRA conversion before Congress bans them?

Decisions, decisions. Here's the math.

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Congress is about to kill this popular retirement tax move

Say goodbye to Roth IRA conversions.

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‘People are upset.’ Will proposed IRA tax changes targeting the rich hurt smaller nest eggs?

The Ways and Means Committee's proposed tax law changes zero in on how the super-rich use self-directed individual retirement accounts (IRAs).

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A looming crackdown on a popular retirement tax strategy has some investors worried

The House proposed restrictions on Roth conversions for some workers — here’s the upside

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When you should — and shouldn’t — invest in a Roth 401(k)

A growing number of employers are offering these accounts but most workers aren’t taking advantage

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Are you inheriting a house or retirement account from a loved one? Read this first

eLesor's Tax Guy suggests claiming basis step-up for inherited assets while it lasts.

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When it pays to do a Roth conversion — and when it doesn’t

How much should you worry about the 'Widow Tax Hit'?

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The super rich are exploiting IRAs. Will Congress act?

IRAs are supposed to provide retirement security for the middle class, not tax avoidance for the wealthy

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Worried about inheritance tax? Read this if you’re a beneficiary, executor or trustee

'To avoid probate, many individuals and married couples of means set up revocable trusts to hold valuable assets including real estate and financial accounts.'

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Do spouses have special rules when it comes to inheriting an IRA?

Surviving spouses have options that no one else does

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Smart withdrawals can reduce taxes, extend your nest egg in retirement

Waiting to take Social Security and tapping into the right assets can pay off

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Mutual fund transactions that result in unanticipated share sales — and an unwelcome tax surprise

You can wind up paying taxes on gains earned by the fund before you were even a shareholder

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I contributed too much to my IRA and Roth IRA — what now?

Fix this early. It gets worse the long you wait

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What to know about paying taxes on mutual fund gains — especially this year

You can wind up owing taxes even if your mutual fund shares decline in value.

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4 strategies to minimize taxes in retirement

Will your RMDs be higher than your living expenses in retirement? Do something about it now