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Retirees who earned too much money in the past may now qualify for this credit.
See More On: Tax Breaks
Write-offs for business expenses will help offset your self-employed income.
See More On: Tax Planning
When your son or daughter enters high school, or even before, start shifting some of the money from aggressive funds into more-conservative ones.
See More On: Paying for College
Our New Year's resolution is to help you improve your finances in 2017. Start with these strategies.
See More On: Financial Planning
To minimize the sting of higher rates, see if you can get credit for taking a remedial driving course.
See More On: Auto Insurance
Save thousands with our practical guidance on real-life questions about saving for retirement, paying for health care, cutting taxes and more.
See More On: Saving for Retirement
A charity doesn't have to pay taxes on the gift. And if you leave your heirs taxable investments instead, they probably won’t owe taxes on them, either.
See More On: IRAs
If your modified adjusted gross income in 2015 was above a certain amount, you'll face a high-income surcharge on your premium.
See More On: Medicare
Many firms that used to give employees until March to spend FSA funds now allow only $500 to be carried over to the New Year.
See More On: Health Care & Insurance
If you decide you want it later, you'll have to pay a monthly late penalty for life.
See More On: Medicare | Health Care & Insurance
If you share your user name or password with a person or service, you may have a tougher time getting the brokerage firm to pay a claim.
See More On: Scams | Financial Planning
You can stash as much as you earned for the year in a Roth, up to $5,500 plus an extra $1,000 if you’re 50 or older.
See More On: Roth IRAs | Saving for Retirement
If your child turns 21 and is still a full-time student, the account can still get hit with taxes.
See More On: Tax Planning | Family Finances
Beware: Your credit score could take a hit.
See More On: Credit Cards | Credit Reports & Scores
The maximum amount of earnings on which you pay Social Security taxes is rising to $127,200, up from $118,500 in 2016.
See More On: Social Security | Financial Planning | Tax Planning
If you're older than 70½, the deadline for taking RMDs is New Year's Eve. Start the process now to beat the end-of-year rush—and to dodge the penalty for missing the deadline.
See More On: Required Minimum Distributions (RMDs) | Financial Planning | IRAs
Many employers started hiring in October and early November, but it's not too late to apply for a seasonal job now.
See More On: Careers