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Radio: Biden’s Support of Unions
on June 4, 2021
with No Comments
On Tuesday, May 10, 2021, David John Marotta appeared on Radio 1070 WINA’s Schilling Show with Rob Schilling to talk about Biden’s support of unions.
#TBT Three Strategies to Avoid Private Mortgage Insurance
on June 3, 2021
with No Comments
Avoiding PMI, if possible, is better for your long-term finances. Here are three strategies to avoid PMI.
ABLE Accounts: Tax-Advantaged Savings for People with Disabilities
on June 1, 2021
with No Comments
ABLE accounts offer people with disabilities a new opportunity to save and invest for the future.
NAP Credit Charity Spotlight: The Soho Center
on May 31, 2021
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Soho is my Amazon Smile charity recipient, I donate to them generously from my charity budget, and the NAP credits they offer are my favorite way to pay my state taxes.
David John Marotta Honored in Dear Holmes Mystery
on May 28, 2021
with No Comments
David John Marotta was awarded the Featured Detective honor on a recent “Dear Holmes” case.
#TBT Everyone Needs Some Frivolous Purchases
on May 27, 2021
with No Comments
Everyone needs some fun in their life, and sometimes fun costs a little money. This 2004 article shares six guidelines for dealing with purchases that might be considered frivolous.
How to Recontribute Funds to HSA Bank
on May 25, 2021
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When you receive reimbursement for an expense you’ve already paid from the HSA, that portion of your HSA distribution is no longer a qualified medical expense and must be recontributed to avoid tax.
2021 Tax Facts
on May 24, 2021
with No Comments
Here is a reference chart with 2021 income tax rates, capital gains rates, retirement contribution limits, and more.
Baby Registry Guide from a Financial Planner
on May 21, 2021
with No Comments
There are many questions that first time moms ask their veteran friends. Among the top list is, what do you really need to care for a baby?
#TBT What Is The Alternative To An Annuity?
on May 20, 2021
with No Comments
It is always a good time to be reminded that an immediate fixed annuity is not an investment; it is an insurance product. This 2015 article by David John Marotta is a methodical unraveling of annuities and a description of the far superior alternatives.
Save the 1099-R from Your Roth Rollovers
on May 18, 2021
with No Comments
It is easiest to simply save your 1099-R and its numbers with your record of all your Roth IRA contributions.
How to Set Beneficiaries on Your HSA with HSA Bank
on May 17, 2021
with No Comments
When an HSA is left to a non-spouse, the account stops being an HSA.
Radio: Eliminate the Corporate Tax
on May 14, 2021
with No Comments
On Tuesday, April 13, 2021, David John Marotta appeared on Radio 1070 WINA’s Schilling Show with Rob Schilling to discuss corporate tax rates.
#TBT Best Practices for Trusts, Foundations, and Endowments
on May 13, 2021
with No Comments
“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.”
Keep Track of Your Roth Contributions
on May 11, 2021
with No Comments
Going forward, keep track of all your contributions in a file alongside where you store your tax returns.