7 Ways to Give Stock as a Gift

Instead of giving a gift that will end up in some garage sale in two or three years or a gift card that will enable the recipient to purchase an item destined for the same fate, consider giving stock as a gift. Stocks hold their value better than more traditional gifts and even have potential to increase in […]


The Pros and Cons of After-Tax 401k Contributions

After-tax 401(k) contributions are unfamiliar to most people since employers don’t typically offer the option. But, some employers do, and after-tax 401(k)’s may be gaining in popularity. We were inspired to write about the topic based on the following question from a reader named Josh: “I just started a new job this week and on the 401(k) […]


Review of the Vanguard Total World Index

There are a number of funds available that are designed to meet all of your equity investing needs within the same fund. In the case of US and international stocks, Vanguard Total World Index (VTWSX) is an effort in that direction. VTWSX has turned in a respectable performance given that foreign stocks haven’t performed at […]


Non-Deductible IRAs and IRS Form 8606

We recently received a reader question about non-deductible IRA contributions, and it got us thinking. Here’s the question: “My first question pertains to non-deductible IRAs. I have a rollover IRA from a previous 401K. Due to my income, if I ever decided to make additional contributions to this “traditional” IRA, it would have to be […]


The IRA Investor’s Checklist

There’s so much discussion about IRA contributions, especially during tax season. As simple as an IRA is on the surface, they come with rules that can quickly complicate retirement savings. The complications become particularly acute when it comes to deducting IRA contributions. For that reason, we put together an IRA investors checklist for the 2015 […]


5 Tax Perks to Hiring Your Child for Your Business

There are obvious benefits to hiring your child for your business. Teaching your child business skills and good work habits are certainly among them. Grooming your child to eventually take over the business is another obvious benefit. But there are also tax perks to hiring your child for your business. Here are five tax perks […]