Gift tax: What is it and how does it work? Gift taxes are levied when a person gives away more than the annual per-recipient limit. Learn more about the exclusions, tax rates, and how to avoid gift taxes.
Standard deduction: Tax advantage The standard deduction is a fixed dollar amount that reduces the portion of your income on that you’re taxed. It allows taxpayers to reduce their taxable income and simplify the tax process.
Prep your W-4 form for 2025 tax season The amount of tax you pay – and withhold along the way – can have a big effect on your finances at filing time. One document can make a big difference: your W-4.
What is a Roth IRA? A Roth IRA is a type of investing account designed for retirement savings. Find out if it may be the right investment vehicle to help you meet your goals.
What’s the difference between after-tax contributions to a 401(k) plan vs. Roth 401(k)? While similar, Roth and after-tax 401(k) plans have several key differences. Dig deeper into the pros and cons of each.
Tax 101: Understanding the basics Understanding the tax system can help individuals and businesses navigate their financial strategies to minimize the impact of taxes.
When are taxes due? Deadlines for 2025 filing season U.S. income taxes are due Tuesday, April 15, 2025. Learn about tax deadlines and filing dates to be prepared for Tax Day.
What taxes do I pay in retirement? One often-overlooked aspect of retirement planning is the impact of paying taxes in retirement.
Charitable giving: Tax-smart strategies for doing good Developing a tax-savvy giving back strategy can be an important part of a comprehensive financial plan — and help make doing good an effective year-round endeavor.
Income tax brackets unveiled Wondering what are the federal income tax brackets for the 2024 and 2025 tax years? Find your federal income tax rate and what you might owe the IRS here.
Move a mile, make a million Tax optimization strategies are an important consideration in overall wealth and lifestyle planning. You don’t have to move thousands of miles to benefit from “tax cliffs” – or variations in tax rules when you cross a border.
Making a Difference: How advice drives retirement readiness in the tax-exempt market Empower research finds that workplace savers who have taken advantage of advice interactions available through their plans are significantly better prepared for retirement than those who haven't.
