Ever since the Affordable Care Act came out, some people who buy health insurance on the ACA exchange have to watch carefully for the premium subsidy cliff. The Premium Tax Credit is cut off at 400% ...
Latest Blog Posts
2019 2020 Medicare Part B Part D IRMAA Premium Brackets
[Update on Sept. 13, 2019: The latest CPI release confirmed the earlier projections.] Seniors age 65 or older can sign up for Medicare. Medicare calls people who receive it beneficiaries. Medicare ...
Learn More About Taxes: Online Courses, Classroom, Books
When I mentioned I was studying to become an Enrolled Agent, a reader asked me whether I knew any courses to learn more about taxes, not to become a tax professional but to be more knowledgeable in ...
Effectiveness of “Borrow 30-Year and Invest The Difference”
[Updated in August 2019 to reflect changes in the new tax law. 90% of taxpayers take the standard deduction now.] Reader Dan left this comment on my post about paying a 30-year loan on a 15-year ...
Stop Tax Return Fraud: Sign Up For IRS IP PIN Program
Due to many hacks and breaches of personal information, having a tax return filed fraudulently in your name has become a problem in recent years. Criminals gather enough information about you to file ...
Add-On CD As A Hedge For Lower Interest Rates
After many years of low interest rates, savers finally got some reprieve in 2018. But it didn't last long. Interest rates headed back down in 2019. Other than in some periods in 2012-2013 and 2016, ...