(For the 2024 tax year, the maximum was $23,000 while the catch-up contribution was also $7,500.) Keep in mind that when changing your 401(k) allocation through your employer, there may be a delay ...

The Federal Reserve isn't in a rush to cut interest rates, which means you could be on the hook for more taxes next year on ...

Caleb has been the Editor-in-Chief of Investopedia since 2016. He is an award-winning media executive with more than 20 years of experience in business news, digital publishing, and documentaries.

And some interest, such as that from a municipal bond from an entity where you live, is tax-exempt at all three levels. Article Sources Investopedia requires writers to use primary sources to ...

A payroll tax is a tax paid on the wages and salaries of employees to finance social insurance programs like Social Security, ...

with the help of a lawyer or tax advisor and these strategies, they can be mitigated, delayed, or perhaps avoided altogether. Article Sources Investopedia requires writers to use primary sources ...

Investopedia / Xiaojie Liu Form 1099-INT is an Internal Revenue Service (IRS) tax form used to report interest income. Form 1099-INT is issued by all entities that pay interest income to investors ...

Prior to joining Investopedia as an editor, Jen worked as a contractor or staffer for MarketWatch, Finimpact, Payscale, and other outlets. Michela Buttignol / Investopedia Commodities are an ...

Navigating the complexities of payroll taxes is crucial for every American worker. FICA taxes, in particular, play a ...

Understanding how paycheck deductions work can make it easier to manage finances and ensure the correct amount of take-home ...