Explore spousal inherited IRA options, including rollovers, tax implications, and Secure Act changes. Learn how to maximize ...

The individual making the alimony payment cannot claim the amount as a deduction under their income tax returns. While ...

Powerball: See the winning numbers in Monday’s $20 million drawing Jan. 20, 2025, 11:04 p.m. Powerball: See the winning numbers in Saturday’s $331 million drawing; one ticket in OR won Jan. 18, 2025, ...

If you decide to claim your prize in one lump sum, the prize amount right off the bat is lowered to $930 million. And with the 39.6% tax rate in effect, you’ll only be able to add $561.7 million ...

A reader wants to know whether their investment withdrawals will be taxed fully or if 25 per cent can be taken tax free ...