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Parents and grandparents can launch the next generation of philanthropists by allowing kids to help decide where to donate money from a donor-advised fund.
See More On: Smart Buying
Depending on the year, condition and, of course, the player, some baseball cards could be worth thousands of dollars.
See More On: Family Finances
You and a spouse can contribute a total of $6,900 to an HSA in 2018, plus a catch-up contribution if you’re 55 or older. And thanks to a quirk in the law, an adult child covered under the family’s high-deductible health policy may also be able to contribute $6,900 to his or her own HSA.
See More On: Saving Money | Employee Benefits | Family Finances
High earners using a "backdoor" strategy to open a Roth IRA can trigger taxes if they own other IRAs.
See More On: 401(k)s | IRAs | Roth IRAs
Relatives can contribute to a child's 529 college-savings plan, and in many cases they can get a tax deduction on their gift.
See More On: 529 Plans
New parents and those with pre-teens can save on taxes (for now) when paying for child care by signing up for an employer's dependent-care flexible spending account.
See More On: Family Finances | Tax Breaks | Tax Planning
If you're signing up for Obamacare for 2018, you'll have less time to buy coverage for next year, but here's help finding the right policy more quickly.
See More On: Health Care & Insurance
A donor-advised fund is a tax-savvy way for families to pool their charitable dollars and create the next generation of philanthropists.
See More On: Wealth Management | Estate Planning | Family Finances
Many hurricane victims are still waiting for payments from insurers or disaster assistance from FEMA to make home repairs. In the meantime, here are ways to raise money to get fixes under way.
See More On: Home Remodeling & Maintenance | 401(k)s | IRAs
The tax filing rules for qualified charitable distributions can be tricky. You must specify how much of your required minimum distribution is taxable and why part of the distribution is tax-free.
See More On: IRAs | Leisure Spending | Tax Breaks
You'll be able to stash an extra $500 in a 401(k) or other employer-sponsored retirement plan in 2018. But the maximum annual IRA contribution will stay the same.
See More On: Saving for Retirement | 401(k)s
For both types of retirement account, you need to take required minimum distributions after you turn age 70½. But there are differences in how and when you take the money.
See More On: Required Minimum Distributions (RMDs) | 401(k)s | IRAs
If the worst happens, your homeowners insurance will cover leaks and burst pipes, or water that comes into your home through your roof and windows. But it doesn't cover flooding.
See More On: Home Remodeling & Maintenance
The infamous "doughnut hole," the coverage gap in which you pay a big portion of Part D drug costs, will shrink a bit more next year.
You can file your Free Application for Federal Student Aid as early as October 1 -- and the sooner, the better.
See More On: Student Loans
Puerto Rico and other Caribbean islands will be recovering for years from Hurricane Maria's destruction. If you want to help the islands and their residents, check out these charities.
A paycheck can temporarily reduce Social Security payments if you're drawing benefits before your full retirement age.
See More On: Social Security