Long-Term Effects of AGI-Lowering Strategies
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However, in 2018, the heatlh insurance rates are extraordinarily high, especially in Charlottesville. Taking one year off from your valuable tax planning strategies to get free or low-cost health insurance might be worth it.

Should I Cut Back My Hours to Get an Obamacare Subsidy?
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It’s hard to know… but I bet I’m not the only one looking at my compensation differently.

Should I switch to a Health Care Sharing Ministry?
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Some think the alternative to the traditional insurance providers is the health care sharing ministries, but they aren’t insurance.

#TBT The Economics of a Thanksgiving Turkey
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This 2014 article changed the way we enjoy our Thanksgiving turkeys. Turkeys have always been an interesting study for economics. Because of the consistency of their demand in America, the price of a Thanksgiving turkey can be used as an indicator of inflation. Because of federal subsidies, the diet of factory-farmed turkeys is very limited. This article should give you something fun to discuss this year.

Marital Harmony with a Few “His” and “Her” Budgets
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Each spouse has different spending habits and values different things in life. This can easily lead to bitterness, or at the least, long discussions when the budget is reconciled.

The Lost Case for SALT: State and Local Tax Deduction
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In “The state and local tax deduction, explained” by Dylan Matthews at VOX, he does not mention the reason the state and local tax deduction was created when listing the pros and cons.

Beware the Two-Pocket Theory of Money
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If you budget well according to your values, a one-pocket theory of money enriches your life, prioritizing your financial dreams above your impulses.

Understanding the 5-Year Holding Period, Roth Conversions, and Exceptions
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To avoid the 10% penalty, do I have to satisfy the 5-year holding period for my Roth conversions if I’m over age 59 1/2? The IRS is not very clear when it comes to when you need to pay penalties on Roth IRA withdrawals, but I think I know the answer.

The Route from Wealth to Well-being
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We don’t write a lot about how to spend money, but an international study published this year claims to have found the route from wealth to well-being through spending money.

An Artistic Opportunity to Meet with Marotta
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As a dedicated reader of our blog, we would love to get to meet you this Monday, October 9, 2017.

Our New 2017 Website
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We are excited to debut our new website today!

What You Need to Know to Inherit an Inherited IRA
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Although you can have second generation beneficiaries, the first non-spouse designated beneficiary is the last one to receive a new RMD divisor calculation.

The Business of Being an Artist
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Financial planning is simply doing what it takes to give you the means to do what you want. The poorer you are the more you need financial planning. You don’t have any margin for mistakes.

Value of a Roth Segregation Conversion Strategy
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While most investment advisors do one total conversion or partial conversion here or there, we have a dedicated Roth segregation strategy, which adds real value to our clients accounts.

How to Lower Your AGI and Why You’d Want To
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Here are 8 reasons you’d want to lower your AGI and 8 methods to lower your AGI.

When You Should Not Do a Backdoor Roth
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Like how diner coffee gets more bitter as the waitress tops off your cup with more coffee from the pot, so too the growth on your nondeductible assets increases your tax owed by decreasing the percent post-tax assets in your cup.

Why Trusts Are So Confusing
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Trusts are like Calvinball except that the government is trying to play referee. It is quickly confusing.

Age Restriction on Qualified Charitable Distributions Limits Inherited IRA Gifting
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Unfortunately the age restriction makes the charitably-inclined young, who are more likely to be in the 0% capital gains bracket, unable to make QCDs.

Our Customized Roth Conversion Recommendations
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I have learned there are so many more wise plans than just “top of the bracket” conversions.

An Overview of Robo-Investing
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A few years ago, there was a great rise of so-called robo-advisers, computer programming that enabled setting a simple asset allocation on the security level and then automatic rebalancing to those targets for each security.

How Your Tax Is Calculated: Understanding the Qualified Dividends and Capital Gains Worksheet
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The 27 lines, because they are so simplified, end up being difficult to follow what exactly they do. So, for those of you who are curious, here’s what they do.

Q&A: Can you be my executor?
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Sadly, we have to say no. Even though we won’t be your executor, we are still here to help your executor, trustee, and loved ones through the estate maintenance and settlement process.

6 Ways To Prevent Your Estate Plan From Ruining Your Roth IRA
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Many executors, trustees, or even estate plans make careless mistakes which end up in Roth IRAs being distributed too quickly. Here’s a list of ways to prevent your estate plan from ruining your Roth.

How to Calculate Your RMD: a Uniform, Inherited, and Joint Divisor Calculator
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There are different tables and formulas used to calculate your RMD divisor based on your particular circumstances. Here is a calculator for the three most common.

How You Take Your Inherited IRA RMD Is the Exception to the Rule
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Inherited RMD rules demonstrates the power and importance of beneficiary designations and why it is so important to set them.

RMD Mistake: Missing a Spousal Rollover
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When a spouse inherits retirement account assets, they have the right to do what is called a “Spousal Rollover” or “Spousal Transfer.” It is almost always the right option.

RMD Mistake: Not Using the Joint Divisor
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If you are a mixed-decade couple, take advantage of the Joint divisor by making your spouse your primary and sole beneficiary for your IRA and use the Joint Life and Last Survivor Expectancy Table to find your RMD.

Marotta’s 2017 Gone-Fishing Portfolios
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A gone fishing portfolio is a portfolio of just a few stocks which should weather the ups and downs of the market fairly well while only rebalancing twice a year. Here are three hand-crafted gone-fishing portfolios for 2017.

RMD Mistake: Failing to Take Your RMD
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The key to getting the waiver though is showing that “you are taking reasonable steps to remedy the shortfall.”

RMD Mistake: Depositing to Your Checking Account
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Although legally fine, this strategy often causes you to accidentally increase your spending every year and decrease your savings. Don’t let the IRS rules about IRA withdrawals tempt you into spending money you had planned to save.

RMD Mistake: Taking Out Too Much Just Because
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Some people don’t stop at distributing just the required minimum. They think, “Well, while I’m at it, I may as well pull out a little bit more so we can fully cover the kitchen remodel…”

Q&A: What’s My Roth Conversion Limit?
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The legal answer to this question is: there is no limit. The practical answer is: it depends on a number of things.

When Partial-Year HSA Contribution Limits Don’t Apply
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Under the “last-month rule,” you can contribute the full amount even after a partial year assuming you meet the “testing period.”

5 Reasons to Have Some Cash Equivalents
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There are at least five reasons to hold cash. Without a good reason to hold cash, you may be holding too much.

Roth Recharacterization: May Change Your Required Minimum Distribution
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A Roth recharacterization is a true undo; it is as though you never converted those assets in the eyes of the IRS. This includes recalculating your RMD had you not converted the assets.

Roth Conversion: Take Your Required Minimum Distribution Out First
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A simple summary of how to meet your Required Minimum Distribution in the same year as you perform a Roth Conversion is the axiom: RMD dollars must come out first.

Narrowly Framed Questions Fail to Meet Life Goals
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Purchasing investment products in isolation from the larger context of your specific situation is like pushing random buttons on a vending machine in order to provide a Thanksgiving dinner for your family.

Qualified HSA Funding Distribution
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There is an obscure tax rule that allows a one-time Traditional IRA-to-HSA conversion called a Qualified HSA Funding Distribution (QHFD).

A Guide to Investing in REITs
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REITs are one way to get some of the benefit of investing in real estate without as much of the risk.

Digital Estate Plan: Facebook Legacy Contact
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Facebook added the “Legacy Contact” feature that allows you to designate a Facebook Friend of yours who you would like to gain access to your Facebook page after you have passed away.

Can I Contribute to Both a SEP and a 401(k)?
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SEP plans offer a powerful way to provide for your own retirement in the same way that 401ks do.

The Happy Habits of Appreciation and Gratitude
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Life planning begins as thoughts and ultimately shapes our entire destiny.

Free Advanced Medical Directives from the Virginia State Bar
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The Virginia State Bar has even made a few variations of a simplified Advanced Directive free to the public on their website.

How Cookie-Cutter Powers of Attorney Fail
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This style of Power of Attorney certainly gets the job done, but there are a few ways that the cookie-cutter POA most frequently fails to meet people’s wishes.

How to Pay Off Student Loans While Building Wealth
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While your student loans may be a daunting sum, it is still possible to build wealth even while paying off student debt.

What Is Settlement Date And Why Does It Matter?
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Most investors think that whenever you buy or sell a security the money is immediately deducted or deposited into your account. This is not true.

Guidelines for Using Margin
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Too much leverage is risky because it endangers meeting your goals.

What is Margin?
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We don’t normally recommend being on margin, but we recommend having the option in case it is needed.

Gifts, Taxes, and IRS Form 709
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Most people are unaware that giving a gift can be a taxable event because they themselves have not yet experienced the tax.

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