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You DON'T need $1.5 million for a comfortable retirement: Financial planners say there is no 'magic number' for your 401(K) - here's the strategy you should focus on instead

Americans think the magic amount of cash they will need for a comfortable retirement is $1.46 million, according to a recent survey. ....

United States , Marissa Reale , Paxton Driscoll , Northwestern Mutual , Warren Buffet ,

More people than ever owe money to the IRS - why Americans who are used to getting a refund in April are in for a shock

America s tax debts are spiraling after the IRS put a halt to chasing payments during the pandemic. ....

United States , Paxton Driscoll , Danny Werfel , Capital Gains Tax , Gains Tax , National Association , Consumer Finance , Stock Market , Coronavirus Lockdowns ,

How to slash YOUR IRS bill: As tax filing season looms, experts reveal five strategies that can minimize your taxes - and why you might want to make a big purchases now

Tax season may fast be approaching but experts insist there is still time for workers to shave down the size of their bill. ....

United States , Lamar Odom , Joe Chappius , Paxton Driscoll , Zach Hellman , Cynthia Hess , Zachary Hellman , Michael Dinich , Jan Van Dusen , Justin Rohrs , Revenue Service , Employee Benefit Research Institute , Internal Revenue Service , Tax Prep Tech , Flexible Spending Account , Inflation Reduction Act , President Biden , Earned Income Tax Credit , Van Dusen , Consumer Finance ,

How to max out your tax benefits before the end of the year

Some benefits are subject to a use-it-or-lose-it rule, which means they must be taken advantage of before the end of the year or they will be lost forever. ....

United States , Michael Dinich , Matthew Schwartz , Paxton Driscoll , Jonathan Johnson , Coca Cola , Employee Benefit Research Institute , Simplified Employee Pension , Blue Chip Partners , Social Security , Flexible Spending Account , Consumer Finance ,

America's inheritance crisis: Only 46% of over 55s have a will in place - and experts warn it could be catastrophic for their heirs

When somebody dies without a will in place, families have to face a difficult and often costly task of untangling their affairs - which can be made increasingly painful depending on state laws. ....

New Jersey , United States , New York , Gal Wettstein , Paxton Driscoll , Boston College , Hispanic Americans , Tax Cuts , Jobs Act , Capital Gains Tax , Gains Tax , Consumer Finance ,