Fund Your 401(k) If You Believe In Free Markets
I recently read a foolish article entitled “Call for a National Savings Plan” that assumed we haven’t tried a national savings plan already.
I recently read a foolish article entitled “Call for a National Savings Plan” that assumed we haven’t tried a national savings plan already.
More than many other candidates, Ted Cruz’s tax plan aims to fundamentally change our tax system.
Retirement planning should begin the moment you receive your first paycheck.
QCDs allow individuals age 70 1/2 or older to give directly to a charity from your IRA without counting the distribution as taxable income.
Late last year, the IRS proposed asking charities to collect sensitive donor identity information for any charitable gift of more than $250.
The kiddie tax was first added to the tax code in 1986 for children under age 14. Now, it can burden them until they are 23.
David Marotta was interviewed recently on radio 1070 WINA’s Schilling Show discussing some of the government’s broken promises
Assumptions about these adjustments to your net worth should be made carefully and conservatively.
You can only contribute to your Roth IRA if you have what the IRS calls “earned” income. This makes it all the more important to contribute to your Roth IRA every year you can.
Regardless of the reason, if you have put too much money in your Roth IRA, the solution is the same.
These premium surcharges are typically unavoidable except for some planning a Roth Conversion.
2016 Presidential hopeful Rand Paul has released a sketch of an intriguing tax plan.
Careful tax planning can avoid much of the capital gains tax.
As with many financial decisions, our gut feelings deceive us on this matter.
All new employees have to fill out form W-4, but despite its ubiquity, most people don’t understand it.
Good financial planners can be worth their weight in gold in helping clients build a tax-efficient portfolio.
In 2013, Nancy Pelosi said “there’s no cuts to make,” but that’s ridiculous.
My wife and I are 65 years old and I am newly retired. Is there any advantage in doing a Roth conversion this year?
Is it fair for the government to confiscate a full quarter of the average person’s earnings every year? Where does it all go?
An unlimited power to tax necessarily involves a power to destroy.
With trillions of dollars to spend, you’d think the least the government could do is maintain consistent records.
Regardless of income level, overspending causes poverty.
Despite a government “of the people, by the people, for the people”, I have found myself told time-and-again, “You’re on your own”.
Does the Joint Economic Committee live up to anything in its name?
Eternal vigilance is the price of liberty.
It’s important to know the limits so you don’t over-contribute and incur tax penalties, but contribute just the right amount (based on your income) for your future standard of living.
The articles associated with David John Marotta’s presentation at the DC Metro chapter of the American Association of Individual Investors.
Leaving a legacy can be a great benefit for the charity receiving the gift.
No. I thought we’d decided not to give them a first look.
The short answer is, “No.”
Two different people can end up with very different amounts of tax owed, simply because of their marital status. You cannot argue this increased tax is their “fair share” simply because they are married.
At age 25, getting your 401(k) match funds 64.2% of your retirement.
Without taxes, you could leave your job every day at 2:34 p.m
“Ascertain whether they’re ready for changes in lifestyle and finances for the next stage of their lives”
The stock market can occasionally benefit from the misery index.
Here’s to a better 2014!
Most financial planning articles about annuities pull their punches.
Preparing for TEOTWAWKI is helpful for lesser emergencies.
After I have studied their technical reports and data for over a month and a half, I have finally been able to track their formulas and findings across the dozen sub-studies and their corresponding literature. The methods and statistical formulas used are at times surprising, alarming, or comical.
At the reunion, Bogle shared that he’s just a common guy with some really good ideas.
Blaming the 85% with 100% of the wealth for the poverty of the remaining 15% is unreasonable. The two are unrelated.
The DMV was my second stop in the name-change process because it makes subsequent name changes easier.
For $50 and a lifelong commitment, you can legally change your identity!
Fun first. Freedom first. Innovation first. Financial goals first. But not safety. No one says, “That looks safe; I wonder if it is fun.”
Retirement Planning is perhaps the single most important goal of comprehensive wealth management.
NPR writer Alva Noë says privacy is unimportant, but from the very start of his argument Noë is confused about what privacy is.
Here’s a walk through of the account opening process at Vanguard.
What should you keep in your wallet? And what precautions should you take in case it gets lost or stolen?
Some of the Confederate edits to the Constitution would have helped prevent a lot of the federal mischief we’ve experienced.
“Retirement today is a lot like an iceberg, where 90 percent of what’s really taking place is below the surface.”