Under what circumstance will a bond fund do better than a 5-year CD in the next five years?
Latest Blog Posts
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.
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. […]
How Much Is a Southwest Rapid Rewards Point Worth?
In addition to no change fees and including check-in bags in the fare, I like Southwest Airlines also because its frequent flyer program Rapid Rewards is the easiest to use. Other airlines limit seats available for reward travel. I have miles but when I want to redeem them for a free ticket, I often find […]
Book Round-trip On Southwest As Two One-Way Flights
Southwest Airlines is the largest domestic airline by the number of passengers getting on and off a plane ("enplanements"). Its reasonable prices and consumer-friendly policies make it my number one choice for leisure travel. I’d like to share a tip about flying Southwest Airlines: book your round-trip travel as two one-way flights. Southwest prices its […]
Marriage Penalty Under Obamacare ACA Premium Subsidy
Married couples are at a disadvantage when it comes to getting the premium subsidy under the ACA.
Using a Reward Checking Account For Emergency Fund
A reward checking account is a checking account that pays a high interest rate up to a balance cap but requires you to use its debit card X number of times a month among some other easy-to-meet requirements. For instance the account I recently opened with a credit union pays 3% interest on balance up […]