Is Morningstar Losing Relevance In An Indexing World?

I attended Morningstar's online conference for individual investors a little over a week ago. To be honest, I was disappointed. It made me question whether Morningstar is losing relevance to individual investors in an indexing world. If investing is like fantasy sports -- you assemble a team of players and you compete with others who also assemble a team of players -- you need information on the players. You look at stats. You follow the latest development on who's doing well, who's not doing [...]

2015 and 2016 HSA Contribution Limits

The contribution limits for various tax advantaged accounts for the following year are usually announced in the fall, except for HSA, which come out in the spring. The IRS will announce contribution limits for Health Savings Account (HSA) for 2016 [...]

2015 Federal Poverty Levels (FPL) For Affordable Care Act

People who don't have health insurance from work can buy health coverage under the Affordable Care Act, also known as Obamacare. The premiums are made affordable by a premium subsidy in the form of a tax credit calculated off your income relative to [...]

Schwab Intelligent Portfolios: Primary and Alternate ETFs

I went through the questionnaire for Schwab's new robo-advisor product Schwab Intelligent Portfolios. There were 12 questions. The interface looked very good. Asset Classes Breakdown I answered the questions truthfully as myself. I was given this [...]

Adjust Cost Basis for ESPP Sale In H&R Block Software

After reading my article Adjust Cost Basis for ESPP Sale In TurboTax, reader Roger asked me how to do the same in H&R Block software. The new IRS regulation for ESPP shares acquired in 2014 requires adjusting the basis. Otherwise you will pay [...]

Traditional >= Roth >= Taxable

I included this article by Christine Benz, Director of Personal Finance at Morningstar, in a weekly digest email to subscribers: 6 Key Reasons Why Investing in a Taxable Account Is Underrated. I said I disagreed with every reason given in the [...]

Adjust Cost Basis for ESPP Sale In TurboTax

Several readers asked me how to do taxes on ESPP sales in my article about doing taxes on sales from vested RSUs: Restricted Stock Units (RSU) and TurboTax: Net Issuance. It's similar but not exactly the same. The new IRS regulation for shares [...]