Over the past decade, some retirees have sought to lower their RMDs by buying a type of annuity called a qualified longevity annuity contract, or QLAC. You buy the annuity with pretax money (up to a ...

Hedged Equity Income ETF offers 9% yield with monthly, tax-efficient distributions & mild downside protection. Read more on ...

Deferred tax arises when there is a difference between taxable income and accounting income (the amount of net profit before tax in the statement of profit or loss of an entity for a period). Such a ...

NEW YORK, Dec 4 (Reuters) - Will "Trump Accounts" help lower-income Americans build wealth? The investment program is part of President Donald Trump's One Big Beautiful Bill Act, although many details ...

Year-end is when many employees and executives choose how much of next year's income to put away for the future via nonqualified deferred compensation (NQDC) plans. Nonqualified deferred compensation ...

A new rule is going into effect next year that will affect high earners who make “catch-up contributions” in their 401(k)s or other tax-deferred workplace retirement plans. The rule, which was created ...

The President Tinubu-led administration has introduced a new personal income tax calculator to help workers and business owners easily determine how much tax they should pay. In this explainer, we ...

If you’ve been wondering what is a deferred annuity, it’s essentially a retirement savings product that lets your money grow tax-deferred until you decide to withdraw it. You can invest either a lump ...

Today, millions of Americans have 401(k)s to save for retirement, but another type of retirement plan has taken off in recent years. Non-qualified plans, which include deferred compensation plans or ...

Though inflation has been decreasing, higher costs have had a major impact on the lives of many Americans, including seniors in or approaching retirement. Increased costs, as well as market ...