5 Strategies for Tax Planning Now and in Retirement

Tax planning is one of the best things you can do to keep more money in your pocket in retirement. There are specific things to consider when planning for your taxes in the future. Getty Images Long-term tax planning is one of the best things you can do to boost your...

Roth 401(k) vs. 401(k): Which Is Best for You?

Roth 401(k)s are similar to regular 401(k)s except that contributions to the Roth account go in after-tax, and withdrawals in retirement are tax-free. Many or all of the products featured here are from our partners who compensate us. This may influence which products...

What Is a Solo 401(k)? Self-Employed Retirement Plans

The perks of self-employment are plenty, but there’s at least one significant drawback: the lack of an employer-sponsored retirement plan like a 401(k). Enter the solo 401(k), or what the IRS calls a one-participant 401(k). Designed for self-employed workers, a solo...

Everyone should file taxes this year due to Covid.

It could get you more financial relief Carmen Reinicke@CSREINICKE Steven Heap/EyeEm/Getty Images Tax season is coming up, and this year, in particular, there’s a big reason for everyone to file a return, regardless of how much money they made last year. That’s because...