Radio: Projecting Your Own Longevity
On Tuesday, January 10, 2023, David John Marotta appeared on Radio 1070 WINA’s Schilling Show with Rob Schilling to talk about how long we should plan on living in retirement projections.
On Tuesday, January 10, 2023, David John Marotta appeared on Radio 1070 WINA’s Schilling Show with Rob Schilling to talk about how long we should plan on living in retirement projections.
On Tuesday, December 13, 2022, David John Marotta appeared on Radio 1070 WINA’s Schilling Show with Rob Schilling to talk about the causes of inflation.
The class will be held April 13 through May 4, 2023 each Thursday from noon to 1:00 PM on Zoom.
A reader asks: When you are issued an IRMAA, does the IRMAA stay for one year only or does it stay that way for life?
Which is worse: Being destitute while still alive or dying happy and provided for with a little extra?
We do our best work when we are a lifelong financial advisor to the client.
Sophisticated tax planning can be effective at any age. However, with great complexity comes great opportunity.
To avoid getting issued an IRMAA, you can proactively tell the SSA of any changes your income has seen in the past two years using a “Medicare Income-Related Monthly Adjustment Amount – Life-Changing Event” form.
Going forward, the Fidelity HSA® is my primary recommendation for an HSA custodian.
This year, Charles Schwab will be retiring the outdated PNC Bank ABA routing number, 031000053, that was issued for Schwab One accounts that activated the “Payment Features” on the account prior to March 2012.
Because so much of your net worth is in traditional IRA, how quickly you expect to withdraw from your retirement account assets will heavily influence how quickly or slowly the math would advise that you convert.
Some investable assets in the name of the child can currently keep $2,300 of unearned income from the tax rate of the parents.
I decided to see if McDonald’s famous burger was still appreciating faster than the CPI. It has been.
Inflation is like the rain. You must prepare in advance in order to stay dry.
Luckily for Roth lovers like us, you don’t have to choose between Roth conversions or Roth contributions.
While navigating the rules may be trickier, your child can still enjoy easy domestic employment even when someone else is the employer.
The class will be held March 10 through March 31, 2022 each Thursday from noon to 1:30 PM on Zoom.
In this podcast, I discuss my recent article “Account Funding Priorities for 2022” and describe a savings waterfall for 2022. The idea is when new money flows your way, which one of these buckets is it going to land in?
To avoid getting issued an IRMAA, you can proactively tell the SSA of any changes your income has seen in the past two years using a “Medicare Income-Related Monthly Adjustment Amount – Life-Changing Event” form.
If you have this fringe employer or former employer benefit, I hope you are able to take advantage of making small Roth IRA contributions throughout your retirement.
Yes, many retirees may die with significant assets. However, this helps to ensure that they have sufficient assets to support their lifestyle should they make it to age 100.
“I’m 19 years old. How do I inherit a 401(k) from my aunt?”
If you are currently shopping for health insurance for 2022, consider getting an on-exchange health insurance plan. You may be surprised at how much subsidies you can receive.
We are very pleased to announce that Elias McQuade is our newest CFA® charterholder at Marotta Wealth Management!
If your miss your initial enrollment eligibility window, then your premiums are hit with a late enrollment penalty.
Doing some conversion is usually much better than doing no conversion at all. We offer these four simple but effective strategies to calculate a good-enough conversion target for this year.
On Tuesday, July 13, 2021, David John Marotta appeared on Radio 1070 WINA’s Schilling Show with Rob Schilling to talk about Elder Abuse Scams and how to protect yourself.
Here are the most common elder scams and how to prevent them.
On Friday, May 14, 2021, Megan Russell was interviewed by Michael Morton of Financial Planning for Entrepreneurs podcast.
To help you get a good financial start as parents, here’s a financial checklist for new parents.
ABLE accounts offer people with disabilities a new opportunity to save and invest for the future.
When an HSA is left to a non-spouse, the account stops being an HSA.
There are many choices for an HSA custodian, but we like to recommend HSA Bank because it allows you to custody funds for investment at TD Ameritrade.
In this talk, David demonstrates how Roth conversions can be extremely valuable even if a client is always in the same tax bracket.
By decoupling your standard of living from the size of your income, you have taken the first step toward financial freedom.
We have an almost secret code behind the images we select.
Beneficiary designations directly to your heirs are a cleaner estate planning solution.
As fiduciaries, we are on your side to ensure that your goals are met. Protecting you from elder fraud is just one of the many services we can offer as a part of comprehensive financial planning.
Here is a guide for how to find out what your bond is worth, decide whether you should keep it until maturity or cash out early, and how to get money for your paper.
Rekenthaler’s proposed narrowing of choices to a one-size fits all national solution provides a poor substitution for our current choices.
I’m turning 60 this week. Even though I plan on working as long as possible, this is an important check point.
With the grandparents as the owner rather than the parent, the student may have a better chance of receiving financial aid.
Unfortunately, the answer is that you cannot. The 529 account owner receives any state tax deductions for contributions make to their account.
City real estate will be a little less expensive and suburbs and the countryside will be a little more expensive.
You may or may not want to leave anything to your favorite charity. However, if you do, there are often advantages to using a Donor Advised Fund over designating the charity directly.
After you have opened your account, there are many methods of contributing to or funding your Charles Schwab account. The best and easiest four methodologies are as follows.
On Tuesday, May 12, 2020, David John Marotta appeared on Radio 1070 WINA’s Schilling Show with Rob Schilling to refute the hypocrisy of taking a tax credit while opposing the legislation.
If you want to open a Scwhab account to be hand-traded by Marotta, then one option for opening that account is to use Schwab.com’s online account open.
It took me one hour to complete from start to finish. Hopefully, now that I have bumbled my way through it on my own and documented the steps, it takes you less time.
Don’t let stress about tax filing requirements keep you or your child from a powerful opportunity to provide for their future.