Trump Accounts Are Now Automatic, But the $1,000 Isn’t
Trump Accounts are rolling out for eligible children, but the $1,000 isn’t automatic. Here’s who qualifies, how contributions work, and what parents need to know.
-
-
Trump Accounts Are Going Automatic. Here’s What Families Need To Know.
New Treasury rules will automatically establish Trump Accounts for millions of children. Here’s what parents need to know about contributions, investments, and the $1,000 pilot.
-
What to Know About Taxes When Buying and Selling Real Estate
The real estate market in the United States is hot right now. Record-low mortgage rates combined with a limited number of houses for sale have created a seller’s market: prices are soaring, and homes are selling almost as quickly as they can be listed. That’s inspiring some homeowners — and flippers — to think about…
-
What You Need to Know About Taxes When Kids Play the Market
My kids play the market. Well, sort of. I wanted them to start learning about money—and yes, taxes—while they were young enough to make mistakes and ask questions. So I gave each of them some money and told them to invest it. My youngest has enjoyed a terrific return, prompting him to lament, “I wish…
-
How to Save (and Spend) Money, Including Your Stimulus Check
Chances are, you’re about to come into some money soon, whether it’s your tax refund or the 2021 stimulus check. But what do you do with it now that you have it? For many people, a lump sum is new, and they don’t want to blow the opportunity. That’s where this sound advice comes in…
-
The Stock Market Is Not The Economy: A Quick And Dirty Explanation
I often say that the stock market is not the economy. That’s been especially apparent in 2020 as indicators like unemployment rates, consumer confidence, and durable goods orders have painted a grim picture of the economy even as the stock market has continued to climb. That doesn’t feel like it makes sense. So, folks have…
-
Taxes From A To Z (2014): D Is For DRIP
Taxes from A to Z: D is for DRIP (dividend reinvestment program)
