Q: I am 61 and retiring in the near future. I have a pension plan and my company offers a partial lump sum that would reduce my pension annuity by 25%. I have a substantial...

The income you report on your 2015 tax return will affect your aid for the next two school years. Here’s what you need to do by year’s end.

U.K. Facebook employees paid way more taxes than Facebook too.

Roth IRA conversions spiked in the third quarter, which was great timing.

The IRS just announced its inflation adjustments for next tax year.

Q: I need to start taking my minimum required distribution from my IRA soon. Is there any tax advantage to taking it in monthly installments as opposed to taking a lump sum once a year?...