A top U.S. health department official linked Somalia's U.N. ambassador, Abukar Osman, to a company convicted of Medicaid fraud. Records show Osman had ties to the Ohio-based company, Progressive ...

The primary factor in a Roth IRA conversion decision is the difference between the tax rate at conversion and the future tax rate at distribution. Tax-free growth in a Roth IRA is a significant ...

Although Roth IRAs offer tax-free gains and withdrawals, losing the up-front tax break can be a harsh blow. It's also not always such a bad idea to have some taxable income in retirement. Skip a Roth ...

Ohio’s Somali fraudsters appear to have exploited a loophole in Ohio’s Medicaid waiver program that allows family members to become paid caregivers to people who never needed care to begin with. In ...

When you reach retirement age, financial decisions become even more important as you are no longer generating income from working. Every choice you make about your money has a direct impact on your ...

FIRST ON FOX: On the heels of Minnesota’s still-unfolding massive social services fraud scandal, a whistleblower is exposing a similar scheme occurring among the Ohio Somali community, which she says ...

Ohio attorney Mehek Cooke says a massive Medicaid fraud operation has quietly taken root in her state for more than a decade — and she warns the public is only now beginning to see the scope of the ...

All future growth is tax-free, so stock market rallies don't increase how much you'll have to pay in taxes. You can delay Social Security to maximize the benefit and use those lower-earning years to ...

Most people I talk to haven’t been educated on the difference between Roth IRA vs Taxable Account vs IRA. This is especially true with taxable accounts. Many investors are only familiar with the “tax ...

Even if you have already chosen an account for retirement savings, that doesn’t necessarily mean you can’t change your mind about it later. In fact, this is not at all uncommon — and many people see ...

Rolling a traditional 401(k) into a Roth IRA triggers immediate taxes on the full conversion amount. Roth IRAs offer tax-free growth and withdrawals with no required minimum distributions during the ...

Who doesn’t appreciate tax-free investment growth, tax-free withdrawals and not having to take required minimum distributions from their retirement account? You’re likely aware that these are all ...