Moving in Retirement to Cut Tax Costs? Consider These 4 Factors First.

When an affluent suburban Chicago couple came to John Campbell, senior wealth strategist at U.S. Bank Private Wealth Management, planning to retire in New Mexico because of its weather and lower incom...

The Way Americans Retire Has Changed Forever. Saving a Nest Egg Isn’t Enough.

About the author: Martin Neil Baily is a senior fellow at the Brookings Institution. He was Chairman of the Council of Economic Advisers under President Clinton. He is the co-author, with Benjamin H. ...

Biden’s IRS Nominee: Agency Will Increase Audits of Wealthy Taxpayers

President Joe Biden’s nominee to lead the Internal Revenue Service pledged to increase scrutiny of certain wealthy taxpayers at his confirmation hearing Wednesday before the U.S. Senate Committee on F...

Here’s how much you can make in 2023 and pay 0% capital gains taxes

vitapix | E+ | Getty Images Planning to sell some investments this year? It’s less likely to affect your 2023 tax bill, experts say. Here’s why: The IRS made dozens of inflation adjustment...

The 6-Month T-Bill Breaches 5%. It Hasn’t Been This High Since 2007.

Text size The yield on six-month Treasurys reached the highest level in about 16 years. Al Drago/Bloomberg The rate on U.S. six-month Treasury bills surpassed 5% on Tuesday, reaching its highest level...

7 Things You Can Do Now to Shave Your Tax Bill Next Year

The 2023 tax year has only just begun, and the tax-filing deadline for 2023 taxes is more than a year away. But if you get a jump on planning, you can lock in big tax savings. With stock prices still ...

K-1 and K-3 Tax Forms Will Be A Hassle This Year. What to Do About It.

It’s an annual ritual for some investors: watching others file their tax return and pocket their refund while you wait, and wait, for the Schedule K-1 tax forms needed to complete your taxes. Partners...

Rethinking Retirement Savings in Light of Longer Life Spans

Every day, Jordi Visser checks his heart rate. He also monitors his breathing, keeps tabs on how well he slept, and consumes a diet consisting largely of fruits and vegetables. Visser, 56, doesn’t do ...

How to decide between pre-tax and Roth 401(k) contributions

Prathanchorruangsak | Istock | Getty Images Whether you’re starting a new job or updating retirement savings goals, you may need to choose between pre-tax or Roth 401(k) contributions — and the ...

Deere, Dollar Tree, and 21 More Investment Ideas From Barron’s Roundtable Pros

The “January effect,” according to market lore, is the tendency of stocks to rise in the year’s first month. So far, so good: The S&P 500 is up 6% year to date and the Nasdaq Composite has gained ...

Making salary ranges public may shrink pay gaps but slow wage growth

The rise of pay transparency laws in the United States could change how the nation’s workers negotiate their annual salaries in today’s fast-changing labor market. As layoffs mount in the ...

Here’s how to report Roth IRA conversions on your taxes

If you made a Roth individual retirement account conversion in 2022, you may have a more complicated tax return this season, experts say.  The strategy, which transfers pretax or non-deductible IRA fu...

Secure 2.0 Lets Retirees Delay RMDs. That Doesn’t Mean They Should.

Text size It’s worth doing the calculations to determine whether taking RMDs earlier may ease your tax bill. Dreamstime The Secure 2.0 Act gives savers 72 and under an extra year before you have to wi...

MYGAs and Fixed Index Annuities Are Popular. What to Consider.

Rising rates have made annuities of all stripes more interesting investments, but two in particular are worth a hard look right now. Multi-year guaranteed annuities—MYGAs, for short—are the insurance ...

Where Are the Stock Market and Economy Headed? Barron’s Roundtable Pros Weigh In.

Bullish or bearish, our 10 panelists help make sense of increasingly complicated market dynamics. Plus: nine stock picks. Jan. 13, 2023 8:40 pm ET The optimist sees bubbles and thinks champagne. The p...

Here are 3 moves to make before the 2023 tax filing season opens

mediaphotos | E+ | Getty Images Enlist tax prep help One of the first things to consider: Will you be filing your own taxes this year or tapping an expert to file a return on your behalf? If you’...

Schwab Is Sending Out Settlement Checks. Here’s What to Know.

Clients of Charles Schwab ‘s robo-advisor have begun receiving distribution checks from a settlement the company reached with the Securities and Exchange Commission in summer 2022.  Hundreds of thousa...

Where to keep your cash amid high inflation and rising interest rates

dowell | Moment | Getty Images Investors have many options when saving for short-term goals, and those choices have become more complicated amid high inflation and rising interest rates. While there h...

These states will raise their minimum wages in 2023

Labor activists hold a rally in support of a national $15 minimum wage on May 19, 2021, in Washington, D.C. Kevin Dietsch | Getty Images News | Getty Images As the calendar turns to 2023, workers in m...

5 tax, investment changes that could boost your finances in 2023

1. Bigger contribution limits on retirement accounts If you’re eager to boost your retirement savings, there’s good news for 2023: higher contribution limits for your 401(k) and individual...

Fund a Roth 401(k) if You’re in a Low Tax Bracket. Here’s Why.

If you’re not earning big bucks this year, consider saving money in a Roth 401(k) instead of a traditional 401(k). Roth contributions make sense when your current tax rate is less than your rate in re...

10 of Wall Street’s Favorite Stocks for Value and Growth Investors

Value and growth investors don’t always see eye-to-eye. Value investors typically scoff at the sky-high valuations growth investors are willing to pay. Some growth investors think value investors are,...

I Changed My Investment Strategy This Year and Prepared for How It Went

Barron’s Staff Illustration Text size In recent weeks, I’ve gone from passive investor to a sort of living room corporate treasurer, scrounging for ways to boost the yields of my portfolio by a few ba...

How to maximize your tax deduction for charitable donations

Members of the Salvation Army play music during the lighting of the world’s largest Red Kettle in the Times Square neighborhood of New York, U.S., on Tuesday, Dec. 1, 2020. Jeenah Moon | Bloombe...

The Secure Act Will Change Retirement Policy. 6 Big Changes That Will Soon Become Law.

Now that the Senate has passed a sweeping spending bill to fund the federal government into next year and avert a shutdown, advisors are cheering a major overhaul of the rules around retirement saving...

6 Big Changes to Your Retirement That Are Coming

Now that the Senate has passed a sweeping spending bill to fund the federal government into next year and avert a shutdown, advisors are cheering a major overhaul of the rules around retirement saving...

Your Retirement Plans Will Change With the $1.7 Trillion Federal Spending Bill

Congress is poised to approve a $1.7 trillion spending bill this week that seeks to avert a government shutdown and boost the savings of Americans by making significant changes to their retirement pla...

Secure 2.0 Act Nears the Finish Line. What to Know About the Retirement Bill.

Legislation that would encourage saving for retirement and increase the age for taking required minimum distributions is nearing passage on Capitol Hill as part of an omnibus spending bill lawmakers a...

How to use a required minimum distribution for unpaid quarterly taxes

Sdi Productions | E+ | Getty Images If you’re retired and skipped your 2022 tax payments, you can still avoid late penalties with an under-the-radar year-end strategy, experts say. Since taxes a...

You can still reduce your 2022 tax bill with some last-minute moves

‘Take lemons and make lemonade’ with tax-loss harvesting With the S&P 500 Index down nearly 20% for 2022 as of midday Dec. 19, it may be a good time for tax-loss harvesting, which allo...

This Could Make Your Medicare Premiums Even Higher. Here’s How to Avoid IRMAA.

People who think IRMAA is another hurricane may have a tax shock coming when they go on Medicare. IRMAA is short for income-related monthly adjustment amount. It frequently surprises retirees because ...