Combined income is your adjusted gross income plus any tax-exempt interest and half your Social Security benefit.

When deciding how to receive your pension benefits, you face a choice between a lump sum and an annuity. Each option carries distinct tax implications that can affect your financial situation. A lump ...

As you get closer to retirement, it becomes increasingly important to understand your options for accessing your pension – ...

Taking a lump sum from your pension can be a fantastic way to pay off your mortgage, help out the kids or boost your savings. But understanding the rules is crucial if you want to make the most of ...

The Social Security Administration has announced significant changes that impact millions of beneficiaries as well as high earners.

The IRS refunded $311 billion to taxpayers in 2025—here’s how to cut your tax bill and keep more cash in your pocket next year.

Learn about phantom income, a taxable gain not received by individuals or partnerships, its types, how it affects taxes, and ...