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President-elect Donald Trump has made a bold promise to eliminate federal taxes on Social Security benefits. For millions of retirees, it’s an enticing idea, conjuring visions of bigger monthly checks ...

The Social Security Fairness Act makes it possible for those who opted out of Social Security at some point during their career to receive more retirement benefits. It does this in two ways. First, it ...

Now the mortgage lender is threatening foreclosure unless the $44,000 balance is paid in full on the spot, something Ortega can’t do. He only learned the truth when he was served with the foreclosure ...

Create a brokerage account: Investors can choose from several brokerage accounts. Each brokerage firm will request personal details such as your name, email address and Social Security Number when you ...

In a world where time is often equated with money, the richest individuals seem to have mastered the art of turning every second into staggering wealth. Amazon founder Jeff Bezos’ wealth increased by ...

The difference between likability and status in professional settings is an important one to understand, University of North Carolina at Chapel Hill psychologist Mitch Prinstein argues. People should ...

Many Americans dream of becoming a millionaire, and most believe they’ll need more than that to retire comfortably. While it may seem daunting, you don’t need to be a top executive, famous athlete or ...

The best financial advisors share a few characteristics — including official accreditations and a track record for security — but each platform offers features tailored to different users. Even if a ...

Newbie investors who don’t have a lot of cash to get started will appreciate Acorn’s approach to investing. Acorns rounds up purchases you make with any linked credit or debit card to the nearest ...

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Taxes on withdrawals: Withdrawals from a traditional IRA are taxed as ordinary income. The amount withdrawn is added to your taxable income for the year and taxed at your current rate. Penalties: ...