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Your IRA administrator should have sent you a Form 1099-R, but you’ll also need to specify on your return that your distribution was a tax-free transfer to charity.
See More On: IRAs
You can throw away most supporting tax records after three years. But keep your returns indefinitely.
See More On: Tax Planning
If you turned 70½ last year, you had the option to delay your first required minimum distribution until April 1 of this year. Fair warning: That's a Saturday, so don't wait until the last minute.
See More On: Required Minimum Distributions (RMDs)
Paired with a high-deductible health insurance policy, an HSA is a great way to save a tax-free stash of money for medical expenses. Most of the health care overhaul proposals in Congress would expand the use of HSAs.
See More On: Health Care & Insurance
More states are introducing ABLE accounts, which allow you to save money that can be used tax-free to benefit a person with a disability.
See More On: Family Finances
Workers 50 and older aren't the only ones who can make bonus contributions.
See More On: Saving for Retirement
Military Saves Week is the perfect time for military families to take stock of their finances, make the most of special saving opportunities and plan for the future.
It's simple: First contribute to a traditional IRA, then convert that IRA to a Roth.
You can use money from a Coverdell education savings account tax-free for education expenses from kindergarten through college.
See More On: Paying for College
If you had an eligible high-deductible health insurance policy last year, you have until this year's tax deadline to add money to an HSA.
If you are well under your allotted mileage limit, you may be rewarded.
See More On: Buying & Leasing a Car
You usually can't switch to another Medicare Advantage plan until open enrollment in the fall, but there are exceptions.
See More On: Medicare
If contacting the broker's superiors doesn't produce resolution, you could try escalating your complaint to FINRA or the SEC.
See More On: Wealth Management | Financial Planning
You may have to pay income taxes on distributions from inherited IRAs.
See More On: Social Security | Estate Planning | Family Finances
If you have a workplace retirement plan, you can still stash money in an IRA. You can even take a deduction for a traditional IRA contribution if your income is low enough.
You have until April 18 to contribute to an IRA for yourself and your spouse, a Roth IRA for your kid, and a health savings account.
If you e-file and have your refund deposited directly into your bank account, the money is likely to show up within three weeks.
See More On: Tax Prep & Filing