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The Social Security Administration has announced the adjustments being made in 2018.

Is socking away large sums in a tax-deferred retirement account ever a bad idea? It is when you exceed the annual IRS limits. And intentional or not, the penalties can be painful. Here is how overfunding occurs and what steps to take to fix the problem.

As the year draws to a close, there are several tax-saving ideas you should consider. Use this checklist to make sure you do not miss an opportunity before the year is out.

Though the markets have risen significantly this year, your investment portfolio may have a few lemons in it. By using the tax strategy of tax-loss harvesting, you may be able to turn those lemons into lemonade.

Happy Holidays to our readers! With sincere appreciation for your friendship and good will, we would like to wish you all the joys of the holiday season!