LIFO tax rules dictate that earnings are always taxed first. Prior to the Tax Equity and Fiscal Responsibility Act of 1982, deferred annuities were subject to first-in-first-out (FIFO).

Few people would complain about receiving an inheritance, including one in the form of an IRA. However, there are some rules that you'll have to follow if you inherit an IRA, and they may create ...

In retirement, the rules are different than when you were ... When you were working, you deferred taxes in retirement plans and may have had children to write off and mortgage interest to itemize ...

401(k) contributions are tax-deferred, reducing your taxable income ... the new funds right away to avoid any issues. 401(k) tax rules aren't that complicated, but they're too often overlooked.

The rules that govern this type of transaction ... the lost opportunity for that money to continue growing tax-free or tax-deferred, as this can reduce the participant’s nest egg in their ...

Contributions to deferred annuities are tax-deferred, much like an IRA or 401(k), and the funds are not taxed until they are withdrawn from the account. “The tax gain is deferred until some ...

Crucially, because this is an installment sale under IRS rules, the capital gains tax is deferred. Over time, the trust makes payments to you based on the terms of the promissory note, allowing ...