Vanguard long-term muni bond fund offers a much higher yield with a duration not that much longer than that on the intermediate-term fund. What gives? Is it a free lunch?
Latest Blog Posts
CurrencyFair Suspends Foreign Exchange Service for US Customers
CurrencyFair stops offering service to US customers. See what else you should use for sending money overseas.
Bond Fund vs CD In the Next Five Years
Under what circumstance will a bond fund do better than a 5-year CD in the next five years?
What’s My Marginal Tax Rate?
Your marginal tax rate isn’t just the listed rate in the tax brackets table. Many phaseouts increases your marginal tax rate.
Don’t Fret About A Bad 401k
Consider the 401k plan as a part of the total compensation. The cost of a high-cost 401k plan isn’t really that high when you don’t stay with the same employer for that long.
Reset Cost Basis Higher By Realizing Capital Gains
When you are in the 15% tax bracket or below, long-term capital gains are taxed at 0%. Take advantage of the tax-free capital gains and reset your cost basis higher.
Cost-Sharing Subsidy Under Obamacare ACA
In addition to the premium subsidy under the ACA, you may qualify for the cost-sharing subsidy if your income is low enough.
Effective Tax Rates Under ACA Premium Subsidy
The previous post Converting to Roth and Harvesting Capital Gains Under Obamacare Premium Subsidy shows when you are getting a premium subsidy for buying health insurance on the exchange under Obamacare, you face a marginal tax rate of about 25-30% for ordinary income and 10-15% for long-term capital gains, when normally ordinary income would be […]
Circular Reference In Self-Employed Health Insurance Deduction Under ACA Premium Subsidy
If you are self-employed, you can potentially get both the subsidy tax credit and a deduction for your health care premium under Obamacare, but calculating the numbers can be tricky.
Where Big Banks Are Better Than Credit Unions
My reward checking account with a credit union is fully up and running. I got my first monthly interest at the end of September. As expected, I got 3% APY on my $20k deposit for having used my debit card 18 times during the month. Those 18 debits came to a grand total of $91.34. […]