3 last-minute tax moves to boost retirement savings

Tax season is here and the deadline to file is rapidly approaching. For retirees, or those approaching retirement, maximizing every last penny can be crucial. Yahoo Finance Senior ColumnistRetirement savers, listen up. You still have time to make contributions that may lower your 2023 tax bill, and even better, bump up your retirement savings account. While most tax saving moves wrapped up by December 31, there are still ways that you can save.

And what I love about HSAs is they're triple tax advantage. You don't pay tax going in. You don't pay tax as it increases in value or when you take it out for medical expenses. So invest that account if you possibly can. And finally, by all means, if you're getting a tax refund, don't go shaking your hands and saying, hey, I'm going to spend this.

"MyPillow has more or less vacated but we'd like to do this by the book," the landlord's attorney said on Tuesday.A recent Yahoo Finance survey unveiled that over 60% of individuals share a joint bank account. Yahoo Finance's Molly Moorehead joins the Live Show to discuss the advantages and disadvantages of maintaining a joint bank account.

The Oaks at Kelly Park offers a range of home designs The Oaks at Kelly Park by Toll Brothers Toll Brothers has opened two new home collections at The Oaks at Kelly Park luxury home community in Apopka, Florida. The Oaks at Kelly Park by Toll Brothers “At The Oaks at Kelly Park, we've curated a community where every home is a testament to our thoughtful design.

Canada Latest News, Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Gas prices soar ahead of Alberta gas tax, federal carbon tax increasesOn April 1, the Alberta gas tax and the federal carbon tax are scheduled to increase. On Tuesday, gas prices jumped in Edmonton and Calgary.
Source: GlobalCalgary - 🏆 50. / 61 Read more »

Federal government posts $25.7-billion deficit between April and JanuaryGovernment revenues increased by $10.5-billion, or 3%, largely due to higher personal income tax revenues, other tax revenues and non-tax revenues
Source: globepolitics - 🏆 12. / 78 Read more »

Dale Jackson: 4 tax tools that can keep more of your money investedMost of us know paying taxes is right up there with death as the two things we can’t avoid, but there are ways for average investors to lower their tax bills and keep more of their hard-earned dollars compounding in investments over time.
Source: BNNBloomberg - 🏆 83. / 50 Read more »

How to avoid paying the pink tax on clothes, toys and other everyday itemsProducts marketed toward women and girls such as razors, shampoo and even children's clothes can cost more than their equivalent for men or boys, a phenomenon that's been dubbed the 'pink tax.'
Source: BNNBloomberg - 🏆 83. / 50 Read more »

New tax reporting requirements for bare trusts 'not easy to file': expertNew tax filing standards are in place for bare trust assets, and Ali Spinner, a tax partner at Crowe Soberman LLP, says these requirements will not necessarily offer the Canada Revenue Agency the financial transparency they’re hoping for.
Source: BNNBloomberg - 🏆 83. / 50 Read more »

Tax season officially kicks off with most Canadians' returns due by April 30Tax filing season has officially kicked off as Monday marked the first day that Canadians can begin filing their income tax returns online.
Source: BNNBloomberg - 🏆 83. / 50 Read more »