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.

There has been a lot of attention paid to the new Trump Accounts – especially the promised $1,000 federal government contributions for eligible newborns and the public declarations by companies and ...

Tax forms can be confusing and a hassle, but you don't even have to file a 5498 form. Yes, IRS Form 5498 is one more form for you to deal with, but it doesn't make your tax life much more complicated.

Form 5498 documents individual retirement account (IRA) contributions, rollovers and distributions. You don’t need to fill it out or send it to the IRS — just keep it for your records. Many, or all, ...

Contributing to an employer-sponsored 401(k) retirement plan can be a great way to save money toward your long-term financial goals. You might notice when you start saving in a 401(k) or when you make ...

Picking the right retirement savings plan and maximizing retirement savings can be a complex landscape to navigate, but it’s key to staying fiscally fit in the twilight years. Retirement planning is ...