More and more people are on high deductible health insurance these days. Most people on high deductible insurance don't meet their annual deductible when the deductible is $3,000, $5,000, or sometimes over $10,000 a year. In such case you are [...]
Tax efficient asset placement, also known as asset location (as opposed to asset allocation), is the practice of figuring out which investments should be held in which account based on each investment's tax efficiency. The idea is that when you have [...]
I have autopay set up on all my bills: credit cards, utilities, insurance, everything. Whatever amount comes due, the company pulls the money from my checking account on the due date. Some people worry that this gives the companies too much privilege [...]
[Updated in August 2018 after Fidelity lowered fees and removed minimum investments on its index funds.]
What are the best index funds and ETFs for long-term investors using Fidelity? I have more money in Fidelity accounts than in Vanguard [...]
[Updated on Nov. 1, 2019 after the IRS published the official numbers.]
Retirement plan contribution limits are adjusted for inflation each year. Inflation has come up a bit lately. It's going to push up both the 401k/403b/457 contribution limit [...]
Since the passing of the new tax law, major tax software vendors such as TurboTax, H&R Block, and TaxACT updated their online tax calculators to include a comparison between 2017 and 2018.
TaxCaster by TurboTax
Free Income Tax Calculator [...]
Note from the Editor: This is a guest post from long-time reader Horton. I love Horton's thesis and the tight wrap! Remember if you have something to share and you don't want to bother creating a blog of your own, please contact me. Enjoy!
Online brokers are in a very competitive space. When Charles Schwab lowered its online trading commission from $8.95 per trade to $6.95 in 2017, within days Fidelity lowered its commission from $7.95 to $4.95. That led Schwab to cut a second round [...]
Regular mortgage payments are set up such that you pay the same amount each month but the breakdown between principal and interest changes every month. You first pay the interest calculated from the previous balance. The remainder then goes toward [...]