By Russell Gloor, National Social Security Advisor at the AMAC Foundation, the non-profit arm of the Association of Mature ...

The Child Tax Credit for 2024 is a tax benefit that provides financial relief to families with qualifying dependent children.

AGI vs. MAGI: Key Differences Modified adjusted gross income (MAGI) and adjusted gross income (AGI) are both important figures in the U.S. tax system, but they have distinct purposes and calculations.

Tax Talk covers the Individual Retirement Arrangement (IRA) rules when filing your taxes. They have labeled it The Tax ...

In 2025, the Income-Related Monthly Adjustment Amount (IRMAA) surcharges for Medicare premiums will continue to impact high-income beneficiaries. If you are a married couple filing ...

Here's a rundown of the 2024 and 2025 Roth IRA income and contribution limits based on your filing status and modified adjusted gross income (MAGI): Check with a qualified tax professional if you ...

I am confused by an article in my local newspaper which said that “MAGI” (modified adjusted gross income), on which my ...

Your income, on the other hand, does. Specifically, your modified adjusted gross income (MAGI) determines whether or not you can contribute to a Roth IRA and how much you can contribute.