A Trump Account is a type of IRA for the exclusive benefit of eligible children. You'll need to opt in to get the $1,000 seed ...
The IRS has released Form 4547, allowing parents to register eligible children for Trump Accounts when filing 2025 tax returns. Here's what you need to know.
Students with Educational Freedom Accounts will finish out the 2025-26 school year under the program's current rules, rather than under proposed changes that would ban use of account funds for club or ...
An inherited individual retirement account rule change for 2025 could trigger a 25% tax penalty for certain heirs. Since 2020, most non-spouse heirs must empty inherited IRA accounts by the 10th year ...
Health savings accounts provide a tax-advantaged way for individuals with high-deductible health plans (HDHPs) to save and pay for medical expenses. They offer a sizable degree of flexibility along ...
Texas private schools now have more important details on the Texas Education Freedom Accounts Program (TEFA), thanks to new rules that impact private schools and their communities. The final rules, ...
Adults 50 and older are allowed to save much more than their younger counterparts in their retirement accounts. The Rule of 55 helps you skirt the 10% early withdrawal penalty on your 401(k) from your ...