Trump Savings Account Key take-aways: No tax deduction for contributions Cash only (no appreciated stock deposits) Contributions: before age 18: only parents, guardians, or employers can contribute (up to $5,000/year) Contributions: after 18 ? only the account owner...
Trump Accounts Are Coming. Now What? Key take-aways: Ownership Structure: Trump Accounts are owned by the child, similar to a 529 college savings plan, emphasizing that they are primarily for retirement, not for college or home purchases. Account Features: These...
Savings Rate vs Rate of Return Key takeaways: Why savings rate matters more when choosing between savings rate vs rate of return How compound interest and contributions work together over decades Why you shouldn’t count on your investments to “bail you out” if you...
Reinvest Dividends or Take the Cash? Takeaways: Total return beats price return by factoring in dividends, which can meaningfully boost long-term gains. S&P 500 vs. NASDAQ: Over the past 5 years (up to August 2025), dividends helped the S&P 500 slightly...
Transfer on Death Accounts Transfer on Death (TOD) and Payable on Death (POD) accounts can unintentionally change inheritance plans. Life changes, such as selling a home, can shift large assets into TOD/POD accounts. Unequal distribution from TOD accounts can cause...
Preparing For Retirement - What Most People Forget About Retirement Takeaways: Retirement success depends on more than just the math. Your physical and mental well-being matter. Nearly 30% of adults over 70 struggle with basic mobility. Don’t let poor health limit...
Peace of Mind - working with an advisor: Vanguard Key Takeaways from the "Peace of Mind" video: Vanguard: 88% of advised investors working with an advisor feel more peace of mind vs. do-it-yourself. Working with a financial advisor saves an average of 2.2 hours/week...
Modified Adjusted Gross Income Key Takeaways: Modified Adjusted Gross Income determines Medicare premiums (IRMAA). MAGI (Modified Adjusted Gross Income) isn’t a line on your tax return. If you exceed the IRMAA threshold by $1, you'll pay higher premiums. Medicare uses...
One Big Beautiful Bill Key Takeaways: 1. SALT Deduction Increase: From $10,000 to $40,000 (indexed for inflation through 2029) — but phased out at certain income levels. 2. Tax Brackets from the 2017 Tax Cuts and Jobs Act are now permanent for individuals and...
How Much Should I Contribute To My 401k Here are some of the key take-aways from the video "How Much Should I Contribute To My 401k?" - 61% of retirement plans feature automatic enrollment - Two-thirds of those plans automatically increase 401(k) deferrals - Those...
