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 5 Benefits of Working in Retirement Here are 5 reason why you may consider working through retirement. Is Term Life Insurance for You? Term insurance is the simplest form of life insurance. Here's how it works. Catch-Up Contributions Workers 50+ may make contributions to their qualified retirement plans above the limits imposed on younger workers.