Articles

Charles Dickens’s A Christmas Carol is one of the best stories for talking about economics. This 2003 – 2012 series uses the classic tale to illustrate different financial personalities, principles, and philosophies.

Required minimum distributions are taxed as taxable income, the same as other types of traditional IRA withdrawals and Roth conversions.

While the initial details sound promising, the downsides are many.

In “A Christmas Carol,” Ebenezer Scrooge calls Christmas a “humbug” because of the foolish way people celebrate it. This 2008 article reminds us that it is sometimes wise to simplify Christmas.

Taxes related to traditional IRA withdrawals only happen once. Meanwhile, the funds in your taxable account are subjected to taxation each year.

There is an artistry to a bond allocation, and while the historical analysis can only be suggestive, they do tell a strong narrative.

This article should give you something fun to discuss this year.

Saving Tuesday is the Tuesday before Thanksgiving. It is a day to squirrel some savings away for your future self.

You can have an effectively uncapped state tax deduction if you have a high tolerance for paperwork.

Here are six reasons you may want to sell for a loss.

Here is a reference chart with 2024 income tax rates, capital gains rates, retirement contribution limits, and more.

If closing an account at Schwab is in line with your goals, take comfort in knowing that you are able to close your accounts at Schwab without losing access to your important documents.

We have written on the topic of healthcare reform multiple times, including our 2014 economics of healthcare series which culminates in this article.

This lie was PolitiFact’s 2013 lie of the year, but we dub it the lie of the century.

Twelve-month inflation for all items ending in September 2023 has been 4.1%, so the 2024 contribution limits increased significantly but less than last year.