Tag: savings
Last year’s tax bill created a new savings vehicle that starts as early as birth – the Trump account. While these accounts resemble IRAs in some ways, they offer distinct contribution rules, investment limits, and distribution provisions. Like other tax-advantaged accounts – IRAs, Roth IRAs, and 529 plans – Trump accounts come with important nuances…
Who knew doing nothing could be so effective? Most people probably know the portion of Issac Newton’s First Law of Motion that describes inertia: “objects at rest tend to stay at rest unless acted upon.” What most people don’t know is that when Sir Newton wrote this, he turned to his assistant and commented: “this…
