Their marginal tax rate for additional ordinary income is 22.2% (12% bracket, but each dollar of income is also causing $0.85 of Social Security to become taxable at a 12% rate). But they have $90,000 ...

Oblivious Investor offers a free newsletter providing tips on low-maintenance investing, tax planning, and retirement planning. The default prudent investment strategy these days is essentially a “buy ...

Please note that this calculator is only intended for sole proprietors (or LLCs taxed as such). If your business is an S-corp, C-corp, or LLC taxed as such, please consult with your tax professional.

This blog is dedicated to spreading the idea that investment success is based upon stubbornly following a few (very simple) principles: Diversifying your portfolio, Minimizing costs (such as brokerage ...

If you did the same thing with an IRA, the IRA would be worth $467,081 as of the beginning of 2024. In other words, maxing out the retirement accounts would have gotten you to “multi-million” ...

Just a few years ago, if you read financial news at all, it was impossible to avoid headlines about Cathy Wood’s ARK Innovation fund. The fund’s performance was off the charts. What happened next is a ...

Profit from Business (whole dollars, no commas or dollar signs) Other Earnings e.g. from a day job (whole dollars, no commas or dollar signs) ...

This tool is intended to show the tax treatment of distributions from a Roth IRA. (That is, it will show which amounts will be subject to ordinary income tax and/or 10% penalty.) Please note that it ...

You can reach me at [email protected]. But please know that I cannot promise a reply, much less a prompt one, as the volume of incoming email per day has grown dramatically over the years as ...