Personal Finance

Don't Spend Old Age Pinching Pennies

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Jonathan Clements suggests four strategies for those who are close to retirement.

States That Tax Social Security Benefits

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Minnesota is among 13 states that slap some kind of tax on Social Security income. Some of those states, among them Connecticut and Montana, have separate calculations and/or income limits to determine taxable benefits.

IRS Giveaway: Tax-Filing Software

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About 70% of all taxpayers are eligible for free federal income-tax-preparation and electronic-filing software through a program known as ‘Free File.’

Trusts That Can Trim State Income Tax

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Weekend Investor: So-called incomplete nongrantor trusts are attracting some investors in high-tax states. One such state has already cracked down on their use.

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