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Retirement

Charitable IRA rollovers may be especially beneficial in 2018

Charitable, Donations, Individual Income Tax, IRA, Itemized Deduction, Retirement, Tax, Tax Cuts and Job Acts (TCJA), Tax Savings /

If you’re age 70½ or older, you can make direct contributions — up to $100,000 annually — from your IRA to qualified charitable organizations without owing any income tax on the distributions. This break may be especially beneficial now because of Tax Cuts and Jobs Act (TCJA) changes that affect who can benefit from the […]

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Factor in state and local taxes when deciding where to live in retirement

Retirement, Tax Cuts and Job Acts (TCJA), Tax Savings /

Many Americans relocate to another state when they retire. If you’re thinking about such a move, state and local taxes should factor into your decision. Income, property and sales tax Choosing a state that has no personal income tax may appear to be the best option. But that might not be the case once you

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