If you save for retirement in an IRA or a 401(k), you can qualify for Saver’s credit if you meet certain income requirements. Saver’s credit is a $1,000 tax credit ($2,000 for married couples) that can be claimed in addition to the regular tax deduction you get for contributing to an IRA or a 401(k). …
Saver’s Credit – What Is It And How Do You Qualify For It? Read More »
OnJuno is a fintech company that offers high yield checking, cashback, and crypto banking. The company is not a bank. Onjuno has partnered with Evolve Bank and Trust for banking services. Your deposit with OnJuno is protected by FDIC insurance on amounts up to $250,000. Evolve Bank and Trust, which provides banking services for OnJuno …
OnJuno – Fintech App That Offers Checking Account + Cashback + Crypto Read More »
Donor-Advised Fund (DAF) is a charitable account where you can contribute cash, stock, real estate, and other assets. Assets in a donor- advised fund grow tax free and can be used to make donations to any IRS-qualified public charity. There are tax advantages for donating to a donor-advised fund. How donor-advised funds work Donor selects …
Donor Advised Funds – A Great Way To Give And Build A Legacy Read More »
M1 Finance is a robo-advisor that allows you to build customized portfolios easily. In addition to investing, M1 allows you to borrow money and park your money in a checking account. The app gives a complete picture of your finances in one view. M1 Finance Review Customizable portfolios You can set your target allocation of …
Realty Mogul is a popular online real estate platform that brings together investors and project developers. The platform allows investors to find the right projects to invest in and offers project sponsors a platform to connect with investors. Realty Mogul Review The company was founded in 2012 by Jilliene Helman and Justin Hughes to help …
Realty Mogul Review – Pros, Cons. Is It A Good Fit For You Read More »
Reading is an essential if you want to be a good investor. I read dozens of blogs posts every week that are both interesting and informative. They introduce me to new ideas and sometimes challenge my existing beliefs. I am a cheapskate – the blogs I read are free. I don’t want to spend hundreds …
A Health Savings Account (HSA) is a great way to save money for medical expenses if you have an HDHP (high deductible health plan) plan. For most people, employers offer these plans and choose an HSA administrator for the plan. But in some cases, you may have to choose your own HSA administrator. To choose …
Every summer NPR’s Planet Money releases a series of summer school podcasts on economics and investing. In 2020, the focus was on microeconomics. For 2021, the topic is investing. The episodes are crash courses on the topics and explain complex topics in an easy-to-understand way. Each podcast is about 25 to 35 minutes. NPR’s Planet …
NPR Planet Money Summer School – Great Educational Resource For Teens And New Investors Read More »
If you are self-employed and have some self-employment income, you can contribute to a solo 401(k) account. A solo 401(k) offers many of the same benefits as a traditional 401(k) but there are some important differences. Solo 401(k) is sometimes called a one-participant 401(k), individual 401(k), or self-employed 401(k). Lot of different names, but it’s …
Solo 401(k) – What You Need To Know (+2022 limits) Read More »
The author of The Algebra of Happiness: Notes on the Pursuit of Success, Love, and Meaning, Scott Galloway is a professor at New York University, where he teaches brand strategy and digital marketing. He is also a serial entrepreneur and has a YouTube channel with millions of fans. When I first read the title of …
Book Notes and Summary – Scott Galloway’s The Algebra of Happiness Read More »
