MAGI is your adjusted gross income. It determines whether you qualify for specific benefits. And with Medicare, it determines whether you will pay higher Part B and Part D premiums. If you have a ...

If you’ve ever stared at a tax form and wondered why the same year produces two different “income” numbers, you’re in good company. Taxes can feel like assembling a puzzle with a few extra pieces ...

Frugal Habits Suze Orman Still Follows Even Though She Can Afford Almost Anything Orman noted that a modified gross income ...

The path to 0% taxation hinges entirely on controlling a single, crucial metric: your Provisional Income (also known as ...

Up to 85% of your Social Security benefits may be taxed, but a new "senior deduction" can cut taxes—unless your income is too ...

There’s a good chance you can get your IRMAA eliminated or reduced if your income has dropped in the past two years.

The tax rule change mostly benefits homeowners in high-income, high-tax states around the country, especially those on the coasts.

In New Jersey, for instance, more than 40% of homeowners paid more in property taxes than the previous $10,000 cap allowed. Under the new $40,000 limit, only 1.6% are expected to exceed the threshold.

Starting in 2025, American riders have a unique chance to pair a new Harley-Davidson with a major financial perk. A new federal law allows qualified buyers to deduct up to $10,000 each year in ...

The state’s chief financial officer is asking Gov. Patrick Morrisey to call a special session before the end of the year to ...

The state’s chief financial officer is asking Gov. Patrick Morrisey to call a special session before the end of the year to ...

This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them. The Roth IRA is one of the most powerful savings tools ...