Conversion Options In Term Life Insurance

As I mentioned in a previous post, I'm buying term life insurance from Ohio National. Ohio National sells two types of tem life policies: a regular or basic term policy and a Term Plus policy. What's the difference between the basic policy and the Plus policy? The conversion right. What's Conversion? Conversion means converting the term life policy to a permanent life insurance policy offered by the same company, at the same health rating without another health exam. Converting doesn't mean [...]

529 Plan Deduct and Run

The previous articles on 529 plans mentioned that 22 states either don’t have a state income tax, don’t offer a tax benefit for 529 plan contributions, or offer a tax benefit whether you use an in-state plan or an out-of-state plan. If you [...]

Backdoor DFA: Buy DFA Funds Without An Advisor

If you read enough about investing in index funds, sooner or later you will come across DFA funds. Authors who are also investment advisors mention DFA funds in their books and articles. DFA funds are said to be better in that they capture the small [...]

Solo 401k Providers and Their Scope of Services

A reader asked me if there's any reason not to use TD Ameritrade for a solo 401k. TD Ameritrade offers many Vanguard ETFs commission-free. For more on solo 401k in general, please read Solo 401k When You Have Self-Employment Income. When I looked [...] No Longer Features Local Agents

My term life insurance will expire soon. Not technically expire but the renewal rate will skyrocket after the level-premium period comes to an end. Since I'm still going to work a few more years, I want to have life insurance for some more years to [...]

The Right and Wrong Reasons To Buy A Home

This is a sponsored post written by me on behalf of Chase Mortgage Banking . All opinions are 100% mine. The economy is getting better. So is the real estate market. A co-worker is in the market to buy a home in the San Francisco Bay Area for the [...]

Acorns App And The Latte Factor

You must have all heard of the Latte Factor®. It was coined by author David Bach. It says if you save $4 a day by skipping a [Starbucks?] latte, and you invest it, you will have a lot of money when you retire. This inspired automatic savings [...]