With December starting, there are a lot of financial matters to wrap up before the end of the year. One of those is RMDs, or required minimum distributions, from tax-deferred retirement accounts that.
When it comes to your finances, understanding the various components that make up your taxable income is crucial. Adjusted gross income (AGI) is a key element of that equation. It’s essentially your total income from all sources after you’ve made certain deductions and adjustments. However, there are a number of ways to reduce your AGI […] The post Ways to Reduce Your AGI appeared first on SmartReads by SmartAsset.
If you work for a larger employer, you've likely been offered the option to participate in a 401(k) plan. Between the available tax advantages and the contributions that your employer likely would.