Could Your 2023 IRA RMD Be Delayed? cover

Could Your 2023 IRA RMD Be Delayed?

Good news for IRA owners turning 72 in 2023! The first distribution for these IRA owners treated as an RMD will be a distribution made for 2024, not 2023.
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The Reverse Mortgage: A Cash Flow Solution for Seniors

The Reverse Mortgage: A Cash Flow Solution for Seniors

Some retirees have a significant amount of debt and inadequate income. One solution for those with equity in their primary home is a reverse mortgage.
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How Can Eldercare Qualify as a Medical Deduction?

How Can Eldercare Qualify as a Medical Deduction?

The cost of eldercare may qualify for a deduction as a medical expense. But as with anything tax-related, there are many factors to consider.
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Mother doing home schooling with child while wearing surgical face mask for coronavirus

Cafeteria-Plan DCAPs Get Temporary Boost from COVID-19 Relief Act

Employers use cafeteria plans to offer employees a menu of benefits. Among the most popular are enrollment in dependent care assistance programs (DCAPs).
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Eldercare can be a Medical Tax Deduction

Eldercare can be a Medical Tax Deduction

Many individuals are serving as care providers for loved ones, the cost of caring for them may be deductible as a medical expense.
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Deducting the Costs of Modifications for Senior-Proofing a Home

Deducting the Costs of Modifications for Senior-Proofing a Home

If you are planning to make such home improvements, you may be wondering whether any of the costs will be tax-deductible.
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Understanding Your Annual Social Security Letter

If you are receiving Social Security, then you have just recently…
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Tax Benefits for People with Disabilities

Individuals with disabilities, as well as parents of disabled…
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