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SEP IRA contribution limits for 2026: the lesser of 25% of compensation or $72,000, the self-employed 20% calculation, eligibility, deadlines, and how a SEP compares to a Solo 401(k). Educational, IRS-sourced.

How is an inherited annuity taxed? Gains are generally ordinary income with no step-up in basis. See spouse vs. non-spouse rules, payout timing, and the 10% penalty exception.

How capital gains are taxed in retirement in 2026: the 0/15/20% brackets, the 0% harvesting window before RMDs, and the NIIT, IRMAA, and Social Security interactions to weigh. Educational, IRS-sourced.

SEP IRA vs Solo 401k for 2026: a Solo 401(k) often allows more at low-to-mid income via the $24,500 deferral, while a SEP IRA offers simplicity and a later deadline. Compare limits, Roth, loans, and filing.

Are Medicare premiums tax deductible? Yes, in most cases. Learn the Schedule A 7.5% AGI rule and the self-employed deduction, with 2026 figures and IRS sources.

2026 catch-up contributions: $8,000 at age 50, $11,250 for ages 60-63, and the new Roth rule for earners over $150,000. Limits, deadlines, and IRS sources.

401k loan vs withdrawal in 2026: a loan is borrowed and repaid tax-free if on terms; an early withdrawal is taxed and may add a 10% penalty. Compare rules, taxes, and exceptions.

How qualified and nonqualified annuities are taxed in 2026: pre-tax vs after-tax funding, RMDs at 73, the 10% early-withdrawal tax, exclusion ratio, and 1035 exchanges, with IRS citations.

You cannot skip a due RMD, but you can reduce future RMDs. See 2026 strategies: Roth conversions before 73, QCDs up to $111,000, QLACs, and the still-working rule.