The Facts About Income Tax Millions faithfully file their 1040 forms each April. But some things about federal income taxes may surprise you. Related Content How to Make the Tax Code Work for You When you take the time to learn more about how it works, you may be able to put the tax code to work for you. Does Your Portfolio Fit Your Retirement Lifestyle? Lifestyle considerations in creating your retirement portfolio. Systematic Withdrawals in Retirement Taking regular, periodic withdrawals during retirement can be quite problematic.