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  2. Retirement’s Best Kept Secret: The Annual Saver’s Tax Credit

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    voluntary after-tax employee contributions made to a qualified retirement plan (including the federal Thrift Savings Plan) or 403(b) plan, contributions to a 501(c)(18)(D) plan, or

  3. What Are the 2020-2021 Federal Tax Brackets and Tax Rates?

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    The standard deduction for joint filers increases by $300 over 2020 levels to $25,100 in 2021. For individuals, it rises by $150 to $12,550. As mandated by the Tax Cuts and Jobs Act, the personal...

  4. IRS Tax Brackets: Here’s How Much You’ll Pay in 2021 on What ...

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    For tax year 2020, the standard deduction rises from 2019 levels to $12,400 for single filers, $24,800 for married filing jointly, $12,400 for married filing separately and $18,650 for heads of...

  5. Retirement Taxes Deadline: Required Minimum Distributions ...

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    Under current rules, individuals whose 70th birthday was June 30, 2019 or earlier did not have an RMD for 2020, but are required to take one by Dec. 31 this year. Those who had their 70th birthday ...

  6. IRS Tax Brackets: Here’s How Much You’ll Pay in ... - AOL

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    For tax year 2020, the standard deduction rises from 2019 levels to $12,400 for single filers, $24,800 for married filing jointly, $12,400 for married filing separately and $18,650 for heads of...

  7. New IRS Life Expectancy Tables Could Change the Amount of ...

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    But if you turned or will turn 70½ in 2020 or later, the mandatory withdrawals aren’t required until you reach age 72. The amount you must withdraw each year is typically determined by dividing the...

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