Investment
Self-Employment Tax Is 15.3% on Top of Income Tax
Just the Tip: Once you’re self-employed, you owe a 15.3% self-employment tax for Social Security and Medicare in addition to...
Read more
Your Tire Light Doesn’t Come On Until 25% Low
Just the Tip: By the time your tire-pressure warning light comes on, a tire can be 25% low. Well before...
Read more
A Roth IRA and a Traditional IRA Are Taxed at Opposite Ends
Just the Tip: A traditional IRA can cut your taxes now and taxes withdrawals later. A Roth taxes the money...
Read more
Find Your Old 401(k) – Small Balances Get Moved to IRAs Without Asking
Just the Tip: A 401(k) you left at an old job doesn’t follow you, and a small one may already...
Read more
An HSA Is the Only Triple-Tax-Advantaged Account Available
Just the Tip: A health savings account lets your money go in untaxed, grow untaxed, and come out untaxed when...
Read more
Required Minimum Distributions Can Push You Into a Higher Tax Bracket
Just the Tip: Required minimum distributions (RMDs) stack on top of Social Security and any pension. The share you must...
Read more
Never Pay a Bill Through a Search Ad
Just the Tip: When you search for a company to pay a bill, the top result can be a paid...
Read more
Chase Slate Edge Review – An Unsecured Card for Fair Credit and Not Much Else
Advertiser Disclosure The credit card, banking, and other financial offers that appear on this site are from companies that compensate...
Read more
Delaying Social Security to 70 Can Raise Your Check More Than 75%
Just the Tip: You can claim Social Security as early as 62, but your benefit grows every year you wait,...
Read more
Tax-Loss Harvesting Can Offset Your Capital Gains Tax
Sell an investment at a loss and you can use that loss to offset capital gains from your winners. Up...
Read more
