The IRS charges an excess accumulation penalty if a retirement account owner or beneficiary does not withdraw the required minimum distribution (RMD) for the year.

Jake Safane has nearly 15 years of journalism and marketing experience on topics ranging from local entrepreneurship to international banking. He has written for publications such as The Economist, LA ...

Have you filed your taxes yet? Here’s what to know this tax season — from when your refund may arrive to how to check its status. The Internal Revenue Service started accepting federal tax returns in ...

The Internal Revenue Service started accepting federal tax returns in late January. Federal income tax returns are due on Wednesday, April 15. New York state income taxes are also due on April 15. The ...

GREENSBORO, N.C. — $1,000 deposited into a bank account, and all you have to do is fill out a tax form? It's true. “We are finding it from the government for children that are born in 2025,” said ...

GREENSBORO, N.C. — This kind of weather, with the snow and the lingering ice, no doubt has you thinking of warmer weather. If a trip is on the calendar and you're flying and you don't have a Real ID, ...

(NEXSTAR) – So-called “Trump accounts” for children are expected to be available in the coming months, though parents have the opportunity to start the process while filing their taxes. Established ...

You've spent years planning for retirement, dreaming of that day when you stop watching the clock and begin to relax. Since you don't have to begin taking required minimum distributions (RMDs) from ...

(NEXSTAR) – Tax season is nearly upon us, and if you’re a parent of non-adult children, this could be an important filing for you: you’ll be able to register your child for a Trump account. While the ...

Money orders are a paper-based form of payment that are considered safe alternatives to personal checks or cash, particularly when you’re sending money by mail. Places where you can buy money orders ...

What questions do you have about the 2025 elections? What major issues do you want candidates to address? Let us know. This year, Pennsylvania’s general Election Day is Nov. 4. All registered voters ...