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Under the New Tax Law, Is My Alimony Tax-Free?
alimony The new policy goes into effect in 2019. Older divorces can be modified to follow the new rules—if both parties agree.
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How to Calculate the Tax Bill on Withdrawals from Variable Annuities
annuities Some or all of your withdrawals could be taxed, depending on how you made your initial investment and how you’re pulling money out.
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7 Smart Ways to Lower Your Taxable Income
taxable income Reducing your taxable income is one of the most effective ways to lower your taxes, with some moves doing double duty as both deductions themselves and as a means to slide under income thresholds at which other taxes would kick in.
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How Annuities Are Taxed
annuities The rules vary based on the type of annuity and how you take the money.
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