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Last year, our 2023 Marotta’s Gone-Fishing Portfolio was a recommendation of 12 stock investments. This article is to report on the 2023 performance of those twelve stocks.

Once you have calculated the funding requirements for your college savings goals, there are three strategies for funding the accounts.

Taxpayers waiting for final guidance, have seen penalties waived for 2021 or 2022 RMDs, for 2023 RMDs, and now for 2024 RMDs.

In 2003, David stopped to rescue a snapping turtle from 250 West. Even now, the financial planning lessons from that turtle are still sage advice.

It is common for investors to be surprised by movements in their portfolios. This 2019 article reminds us though that even volatile movements can be quite normal.

Here are several tips on how to live richly on your own.

Our recommendation is to keep money that may be needed within the next six months invested in a money market fund.

Now that we’ve been parents for a few months, I can confidently say all of these items vastly improved our journey into parenthood.

For babies born in 2023, here are the amounts that should be saved starting at birth to cover four years of college expenses at age 18.

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.

Within employer-sponsored retirement plans, there are special provisions for employees (not owners) who continue to work beyond their typical required beginning date.

Once you’ve open an HSA and have started making contributions, it is important that you set beneficiary designations on the account.

The IRS has very limited case law on what constitutes a substantially different fund. However, here is what we do in our own trading.

Some investable assets in the name of the child can currently keep $2,300 of unearned income from the tax rate of the parents.

If you have this fringe employer or former employer benefit, I hope you are able to take advantage of making small Roth IRA contributions throughout your retirement.

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

While you can only use $3,000 per year of capital losses to reduce your taxable income, you should bank as much capital loss as possible for other future uses.

Your executor will be grateful for an easier way to settle that part of your affairs.

Yes, but housing is one of many expenses that are subject to a reimbursement limit. Here’s how to do it.

If you are still in your 60s, the good news is your decision doesn’t have to be permanent. You actually have two ways in which you can change your benefit amount.

With the grandparents as the owner rather than the parent, the student may have a better chance of receiving financial aid.

The best way to climb the mountain of college costs is gradually, but if you need to make some last minute leaps, our government has a few tax-related strategies.

ABLE accounts offer people with disabilities a new opportunity to save and invest for the future.

“If you have been asked to serve as a board member or trustee for a non-profit organization, feeling honored is a natural response but a terrible reason for saying yes to the job. Your role as committee member, board member, or trustee will likely designate you as a fiduciary, a role with specific legal responsibilities.”