MARK RALSTON | AFP | Getty Images So you didn’t win the $555 million Mega Millions jackpot last night. The glass half-full view? Phew! You dodged a huge tax bill. Of course, you get another shot in the next drawing to land a windfall — and then give a boatload of it to Uncle Sam. … Read more
seksan Mongkhonkhamsao | Moment | Getty Images 1. Review tax withholdings When starting a new job, you fill out Form W-4, covering how much your employer withholds from your paychecks for federal taxes. But you need to revisit those withholdings, especially for major life changes such as marriage, having children or starting a side business. … Read more
(Christy Bieber) Each year, Social Security has a maximum benefit it pays out to workers who are receiving retirement income. But this max benefit is not the same for all retirees. In 2022, those who claim benefits at age 62 have a maximum benefit of just $2,364, while those who claim benefits at age 70 … Read more