First, 529 plan contributions are generally deductible on state tax returns if you live in a state that has an income tax.

Total sales were worth £7billion last year, a 34 per cent increase on 2023, according to the latest data from the Association ...

Total annuity sales reached £7bn last year, a 34 per cent increase compared to 2023, and more people turned to advice before ...

The Government said it wants to continue to offer tax incentives for people saving into pensions, such as tax relief on contributions. But it wants to include pensions into estates to encourage savers ...

Financial planning app WealthMore aims to advise non-affluent investors — especially women and people of color ...

I have a dilemma about helping one of my sons financially. Here’s some backstory: I have two boys, ages 28 and 23. They are ...

The United States spends $1 trillion on welfare and medicaid, which can be reduced while still increasing welfare benefits.

According to a recent Federal Reserve survey, the majority of Americans require over half a million dollars in savings to ...

One of the most significant decisions anyone with a pension can make is taking a lump sum (annuity) versus receiving monthly ...

One way to jumpstart your search for a financial adviser who specializes in retirement planning is to ask friends, family ...

If you can afford to save for your future, it's best to begin making contributions. You should also consider these steps to ...

These rates apply to your taxable income. Your taxable income is your income after various deductions, credits, and exemptions have been applied. There are also various tax credits, deductions and ...