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The Latest Breaking News from IRA

Connecticut Tax Guide 2025

Explore Connecticut's 2025 state tax rates for income, sales, property, retirement, and more. Learn how Connecticut compares nationwide.

Kiplinger

Seven Reasons to Avoid a Self-Directed IRA

Self-directed IRAs let investors do things they can't in an ordinary IRA, like invest directly in alternative assets. But this opportunity also comes with these risks.

Kiplinger

What You Need to Know About Calculating RMDs for 2025

As 2025 begins, it's important to know how to calculate your RMDs and be prepared for them to be higher this year than they were in 2024.

Kiplinger

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What Is a Good Inheritance? Six Great Assets to Inherit

Your heirs will thank you for leaving any of these six assets as an inheritance.

Kiplinger

Avoid Estimated Tax Payments in Retirement With RMD Withholding

If you don't need the money to live on, wait until December to take your RMD and ask the sponsor to withhold a big chunk for the IRS.

Kiplinger

Ten Tax Breaks for Homeowners and Homebuyers in 2025

These real estate tax breaks can help homeowners get some money back.

Kiplinger

How to Calculate RMDs (Required Minimum Distributions) for IRAs

Understand when and how to calculate RMDs and avoid stiff penalties from your tax-deferred IRA.

Kiplinger

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Most-Overlooked Tax Breaks for Retirees and People Over 65

If you're over 65, don't miss out on these overlooked tax breaks for retirees.

Kiplinger

Tax Changes and Key IRS Amounts for 2025

There are lots of tax changes for the 2025 tax year. Some reflect prior-year inflation. Others are new rules. But one thing is certain... all taxpayers are affected.

Kiplinger

The Roth IRA Advantage: 10 Things Every Saver Needs to Understand

A Roth IRA can be a great way to save for retirement, as the accounts have no required minimum distributions and you can withdraw the money tax-free.

Kiplinger

Retirement Taxes: How All 50 States Tax Retirees

Find out how 2024 income taxes in retirement stack up in all 50 states plus the District of Columbia.

Kiplinger

Traditional IRA Basics: 10 Things to Know to Build Wealth

A traditional IRA can be a powerful retirement-savings tool but you need to understand contribution limits, RMDs, rules for beneficiaries under the SECURE Act and more.

Kiplinger

13 States That Don't Tax Retirement Income

Here are the states that don’t tax retirement income. But that doesn’t mean you won’t pay state taxes on other types of earnings.

Kiplinger

States That Don't Tax Pension Income in 2026

Over a dozen states don't tax pension income regardless of your age or how much money you have.

Kiplinger

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Roth Conversions: The Case for and Against Them

Have you been tempted to jump on the Roth IRA conversions bandwagon? Check out the pros and cons to see if they make sense for you.

Kiplinger

Graduation Gifts to Build Good Money Habits

The best graduation gift will help the young person in your life build savings and ramp up their money skills. Today's grads could use a break.

Kiplinger

Ways to Keep More of Your Money in Retirement

No one likes paying taxes, especially once you've retired. So here are some steps to consider now that could help minimize your taxes later.

Daily Record

Thatcher and Major failures exposed as historic government documents released ... but Tories keep 13 files on Europe under wraps

In all, around 190 of the 490 files scheduled for release from the Prime Minister’s office have been retained by the government.

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Kiplinger

Qualify for Roth IRA Contributions by Lowering Your Income

If your income is just above the cutoff (MAGI) to qualify for Roth IRA contributions, these strategies will help you meet it and lower your taxes.

Kiplinger

13 Smart Uses for Your Tax Refund

If you have a refund check coming your way, consider using it to bolster your personal balance sheet.

Kiplinger

Eight Things No One Tells You About Retirement

As you advance toward retirement, it's a good idea to start sharpening the focus of your retirement vision.

Kiplinger

Should You Convert a Traditional IRA to a Roth After 60?

You can convert an IRA to a Roth no matter how old you are. But if the conversion boosts your income, it could have tax consequences.

Daily Mirror

Serial killers 'will be wiped out by major global change' as John Lennon predicted

The lyrics of his 1971 single "Imagine" could become reality before the middle of this century, philosophers say

Kiplinger

Tap an IRA Early, Delay Social Security

This strategy could lower your lifetime tax bite, let you collect higher benefits and extend the longevity of your portfolio.

Kiplinger

Roth IRA vs. Traditional IRA: Which is Better?

Deciding between a Roth IRA vs. traditional IRA means understanding the differences for tax implications and qualifications.

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