Health savings accounts, which can help people with high-deductible health plans cover out-of-pocket costs, can provide key tax advantages. Here's a closer look at these accounts.
Scams aimed at duping people into providing personal or financial information are proliferating on social media. Examples include fake genealogy websites and posts purporting to offer deep discounts on consumer products.
There is no shortage of tax-advantaged retirement savings investment opportunities for self-employed workers. Here is a look at the various plans available, including SEP IRAs, individual 401(k)s and Roth IRAs.
The Social Security Administration said Friday that the maximum amount of wages subject to the 6.2% Social Security tax in 2018 will rise a little more than 1%, after a much larger increase last year.
The Internal Revenue Service has suspended a contract with Equifax after security incidents at the credit bureau. Under the contract, the IRS used Equifax to verify the identity of taxpayers who were in communication with the agency.
A bill that would repeal the Department of Labor's fiduciary rule passed the House Financial Services Committee last week in a 34-26 vote. The bill, sponsored by Rep. Ann Wagner, R-Mo., would establish a best-interest standard and empower the Securities and Exchange Commission to enforce it.
Fifty-four percent of women say they are very concerned about retirement, compared with just 34% of men, a survey finds. Women face several obstacles in retirement, such as living longer and having less money in their accounts than men do. Advisers have an opportunity to add value for this demographic segment. PFP/PFS Section members can access the Women's Resource Center in Broadridge Advisor for hundreds of ready-to-go, client-friendly materials on talking with women about planning topics.
- Page 1