Social Security helps you secure today and tomorrow with financial benefits, information, and tools that support you throughout life's journey. If you don't have enough Social Security credits to …

A Traditional (pre-tax) IRA owner may withdraw funds at will. The amount withdrawn is subject to ordinary income tax. If the owner is younger than 59.5, an additional tax, equal to 10 percent of the …

Regardless of the amount of annuity income generated, I am steadfastly opposed to the purchase of an annuity with one's supplemental retirement investments: (457(b), 401(k), 403(b), 401(a), …

There are certain types of taxes that you can deduct on your return if you itemize on Form 1040, Schedule A. To be deductible, a tax must be charged to you and you must have paid it during your tax …

If you itemize your deductions on Form 1040, Schedule A, you may be able to deduct expenses you paid in 2021 for medical and dental care for yourself, your spouse and your dependents. Here are some …

Q.: I am a member of the New York City Fire Department Pension Fund. I have been contributing for 37 years. At retirement, what steps must I take to withdraw as much as possible from my pension …

This article will discuss how the American Rescue Plan will affect some individual 2021 taxes. Child- and dependent-care-credit increases for 2021 only. The new law increases the amount of the …

If you applied for Social Security benefits, or have a pending reconsideration or hearing request, you can check the status online using your free personal my Social Security account. If you don't …

One very convenient benefit of investing with the Deferred Compensation Plans of the State and City of New York is an "in-plan" opportunity to convert amounts from the pre-tax account to the …

For most taxpayers, the tax deadline has passed. But planning for next year can start now. The IRS reminds taxpayers that being organized and planning ahead can save time and money in 2021. Here are …