The average net worth of U.S. families surpassed $1 million for the first time in 2022, but wealth levels vary greatly by age, housing status, education, and income.
Life insurance offers a way to make a substantial gift to charity while also benefiting from favorable tax rules.
In July 2023, the Department of Education launched a new income-driven repayment plan for federal student loans called the Saving on a Valuable Education Plan.
Setting up a retirement plan provides a way to help shelter more income from taxes and save money for the future.
Use this calculator to estimate the federal estate taxes that could be due on your estate after you die.