The Motley Fool

APRIL 21, 2024

This article is intended for educational purposes only and is not legal advice. A key component of financial management is estate planning, and a living trust is a popular choice to consider when deciding how to divide up your assets for the next generation. That could lessen their value as a tool for asset protection in your case.

Legal 246

Legal Consultants Consulting Education 246

The Motley Fool

JULY 1, 2024

This article is intended for educational purposes only and is not legal advice. In the course of the next 20 years, Americans are expected to inherit an astounding $72 trillion in assets. You could write a will that dictates where you want your assets to go. For guidance on your personal situation, please contact a lawyer.

Legal 246

Legal Education Consultants Consulting 246

The Motley Fool

JULY 28, 2024

This article is intended for educational purposes only and is not legal advice. I value my privacy -- a lot You might think that there are special tax breaks to be enjoyed with a living trust. But I don't see any obvious tax benefit. For guidance on your personal situation, please contact a lawyer. But I knew it had to be done.

Legal 246

Legal Education Taxes Assets 246

The Motley Fool

MARCH 19, 2025

As anticipated, our cash balance declined 20 million from the end of the third quarter, primarily due to the acquisition of the affiliate marketing assets of XLMedia, as well as from the timing of sports rights payments. So, for the most part, that is the asset that we're acquiring as part of this transaction.

Leveraging 245

Leveraging Liabilities Assets Shareholders 245

The Motley Fool

JULY 23, 2023

Millions of parents and grandparents have poured billions into 529 accounts to fund their beneficiaries' schooling since the tax-advantaged savings plans were created by Congress in 1996. The assets can grow beyond those limits, of course. A year after a bipartisan effort by Sen. Bob Graham (D-Fla.) Paul Coverdell (R-Ga.)

Education 130

Education Mutual Funds Funds Taxes 130

The Motley Fool

OCTOBER 28, 2024

Professional fund managers are extremely smart, highly educated, hard-working, and ultra-competitive. Not to mention, you'll have proven to have the investment chops to take on more assets, earning more money in the future. In real life, investors have to pay taxes. Image source: Getty Images.

Mutual Funds 246

Mutual Funds Funds Taxes Investing 246

The Motley Fool

SEPTEMBER 10, 2023

What's more, the Trustees Report estimates that the asset reserves -- the excess revenue collected since inception -- of the Old-Age and Survivors Insurance Trust Fund (OASI) could be exhausted by as early as 2033. US Old-Age, Survivors, and Disability Insurance Trust Fund Assets at End of Year data by YCharts. Absolutely. 31, 2022.

Taxes 246

Taxes Legal Banks Assets 246

The Motley Fool

DECEMBER 15, 2024

Professional fund managers tend to be highly educated, hard-working, and extremely smart. The strategy will produce after-tax returns better than about 98% of actively managed mutual funds over the long run. For reference, Buffett currently manages over $600 billion in investable assets. Image source: Getty Images.

Mutual Funds 240

Mutual Funds Funds Taxes Investing 240

The Motley Fool

JUNE 18, 2024

Roth IRAs are a hit among savers because you can pay your tax bill upfront and enjoy tax-free income later. This can be a perfect setup for your child since they are typically in a lower tax bracket when they are younger. As soon as your child starts earning income, you should consider opening a custodial Roth IRA.

Taxes 246

Taxes Education Legal Accounting 246

The Motley Fool

JUNE 7, 2024

However, with discipline, consistency, and education, you still have a shot at getting closer to the million-dollar mark before you hang up your working shoes. Here are a few moves to consider: Calculate your net worth : Jot down all your assets, including savings accounts, certificates of deposit, and retirement accounts.

Exchange-Traded Funds 242

Exchange-Traded Funds Taxes Accounting Education 242

The Motley Fool

JULY 2, 2024

If your income is under a certain threshold , you can contribute after-tax dollars to a Roth IRA and receive tax-free income during retirement. Alternatively, you can contribute to a traditional IRA and potentially qualify for a tax break in the current year if you meet the eligibility criteria.

Exchange-Traded Funds 243

Exchange-Traded Funds Taxes Debt Finance 243

The Motley Fool

MAY 5, 2024

To calculate your net worth , you add up all of your financial assets -- cash savings, retirement accounts, other investments, your home value, and any other property -- and subtract any liabilities -- your mortgage balance, student loans, credit card balances, and any other debt you might owe. Think of it like a personal balance sheet.

Liabilities 246

Liabilities Debt Education Assets 246

The Motley Fool

JULY 27, 2023

We never implemented the improvements to financial education and discipline required to effectively replace pensions with DIY retirement planning. Carrying a balance inflicts more damage on the overall financial plan than asset growth can possibly overcome. The rapid disappearance of defined benefit pensions triggered this issue.

Education 246

Education Accounting Taxes Assets 246

The Motley Fool

SEPTEMBER 4, 2024

Bill Mann: They have a dent and scratch asset on their hands. They are looking to flip this asset. Dan Otter is the founder of 403bwise.org, a not-for-profit website dedicated to educating teachers about retirement plans. In 2000, I launched 403bwise, and the whole goal of the website is education and advocacy.

Education 246

Education Mutual Funds Taxes Assets 246

The Motley Fool

SEPTEMBER 25, 2023

This article is intended for educational purposes only and is not legal advice. If you haven't begun yet, now's the time to review how well your portfolio's asset mix aligns with your risk tolerance and timeline. Here's where a trusted financial advisor can help you position your assets appropriately now and going forward.

Legal 245

Legal Education Taxes Assets 245

The Motley Fool

MAY 4, 2024

Fears that the tax rate could go up based on fiscal policies and a need to cut the federal deficit is another reason why Buffett and his team decided to book gains on Apple stock now instead of risking a potentially higher tax rate in the future. Another asset Berkshire loves is cash. Berkshire's cash and U.S.

Taxes 246

Taxes Conglomerates Education Banks 246

The Motley Fool

JUNE 14, 2023

Investing, on the other hand, is about buying assets such as equities, bonds, or real estate that will generate higher returns over time. You're not alone -- many of us weren't thinking about retirement when we were in our 20s and trying to get an education, get a foot on the career ladder, or just enjoy our youth.

Taxes 246

Taxes Accounting Education Banks 246

The Motley Fool

SEPTEMBER 24, 2023

If you have disposable income and have an eligible retirement plan, use a mega backdoor Roth IRA to save a significant amount of tax-free money for your retirement. Create a trust if you want to protect assets and leave a legacy. Four years out Here are your next steps with four years to go.

Education 246

Education Debt Banks Accounting 246

The Motley Fool

DECEMBER 13, 2023

The company's stock has produced total returns (including dividends and before taxes) of 109,200% in the last 40 years. After all, the therapy will likely require Vertex and CRISPR to invest in patient and prescriber education initiatives, and these programs will probably take time to bear fruit.

Education 246

Education Taxes Shareholders Capital 246

The Motley Fool

FEBRUARY 27, 2025

Additionally, we made further progress on reducing our theater and education investments and recycling those proceeds into other experiential assets. Our education portfolio comprises 68 properties with eight operators and at the end of the quarter, excluding the vacant property we intend to sell was 100% leased.

Education 130

Education Debt Assets Capital 130

The Motley Fool

MARCH 30, 2024

With a 529 plan , your investments get to grow tax-free, but there can be steep penalties for taking withdrawals for non-educational expenses.) As such, it's time for me to start keeping some of my college savings in more conservative assets. But last year, I managed to save a chunk of money for my kids' college.

Banks 246

Banks Accounting Education Stock Market 246

The Motley Fool

MAY 20, 2024

Even with a decent income, I can't cover my household's costs of living and two kids' college educations at the same time, just from a paycheck. I've since contributed to those accounts every year, generally striving to max out my state's tax deduction over the course of a year. This is because the market can fall as well as rise.

Portfolios 130

Portfolios Mutual Funds Education Taxes 130

The Motley Fool

DECEMBER 26, 2023

While I pride myself on living below my means, the math simply doesn't work out for me to be able to cash flow two simultaneous college educations and cover my costs of living from salary alone. Those plans allow you to put money to work that is after tax from a Federal perspective but potentially tax deductible from a state perspective.

Education 130

Education Mutual Funds Taxes Prospects 130

The Motley Fool

MAY 4, 2024

For instance, early filers can be penalized by the Social Security Administration (SSA), and some beneficiaries could be taxed on a portion of their payout at the federal level , as well as in 10 states. It's also a reminder that there's always going to be some level of educated guesswork involved when claiming Social Security benefits.

Education 246

Education Accounting Taxes Assets 246

The Motley Fool

NOVEMBER 23, 2023

For example, hiring an attorney and planning for taxes are important steps to take. If you win a $1 billion Powerball jackpot, you'd receive a little less than half as a lump-sum payment, and after taxes, you'd be looking at an actual payout of about $300 million, depending on what your state and local tax situation is.

High Net Worth Individuals 130

High Net Worth Individuals Taxes Investing Education 130

The Motley Fool

MARCH 18, 2024

That extra cash should be earning you some interest, investment gains, tax benefits, or other perks! And if you're a high earner in a higher tax bracket, you might want to max out your 401(k) with up to $23,000 for 2024 ($24,000 for people aged 50 and over). This is a great way to get a tax break and save more for retirement.

Accounting 130

Accounting Taxes Banks Education 130

The Motley Fool

JULY 3, 2024

A Roth IRA is an individual retirement account that allows savers to contribute after-tax dollars in exchange for tax-free growth and withdrawals in retirement. Depending on where you open their Roth IRA, they can invest in various assets, including individual stocks and exchange-traded funds.

Exchange-Traded Funds 130

Exchange-Traded Funds Financial Institutions Taxes Education 130

The Motley Fool

OCTOBER 24, 2023

Ricky Mulvey: It's been maybe a little bit of a problem at Disney lately asset. To recap asset in the first one, he basically points out that the period of ultra low interest rates from 2009-2021 was abnormal, and now we're entering a tougher time for corporate profits. I'm curious to see how it will play out.

Education 130

Education Mergers and Acquisitions Taxes Exchange-Traded Funds 130

The Motley Fool

MARCH 20, 2024

Many parents choose to invest in a college savings account to help their children with their education costs, but that's not even the largest expense they'll face in their lifetime. They'll only pay a small percentage in taxes upfront right now, and then they'll be able to withdraw the money tax-free in retirement.

Education 130

Education Mutual Funds Taxes Accounting 130

The Motley Fool

NOVEMBER 3, 2024

Cashing out is generally not a great idea as you'll pay taxes and penalties -- and decimate your retirement savings!) A taxable event is any financial transaction, like selling an asset or withdrawing funds, that triggers a tax liability, meaning you'll have to pay taxes on growth. What tools and resources are available?

Liabilities 130

Liabilities Taxes Education Consultants 130

The Motley Fool

DECEMBER 11, 2023

These are annual fees, charged as a percentage of your assets, that everyone invested in the fund pays to the fund manager. 401(k)s might not give you a choice about when to pay taxes Most 401(k)s are tax-deferred, which means you get a tax break in the year you make contributions and pay taxes on your withdrawals later.

Taxes 130

Taxes Education Accounting Funds 130

The Motley Fool

JUNE 16, 2023

But there are all kinds of investments at all stages of life -- whether it's buying a house, investing in education and training, or putting cash into an IRA. Tax-advantaged accounts There are a few different types of tax-advantaged investment accounts, and not all of them are geared toward retirement. The best thing?

Mutual Funds 130

Mutual Funds Taxes Investing Exchange-Traded Funds 130

The Motley Fool

JANUARY 25, 2024

Now it really seems to be going back to the asset in wealth management business, a little bit of, hey, let's focus on the fastball to grow these revenues. There are things that businesses have intangible assets, whether even some intellectual property or whatnot. But tangible common equity is focused on the physical capital.

Investors 130

Investors Taxes Banks Education 130

The Motley Fool

FEBRUARY 28, 2024

The high contribution limit -- $23,000 in 2024 (or $30,500 for those 50 and older) -- provides most investors with a substantial amount of tax-advantaged savings. Investors can get similar tax benefits by contributing to an IRA instead of a 401(k), but without the fees. There are a few ways around that limit.

Mutual Funds 130

Mutual Funds Taxes Education Accounting 130

Private Equity Insights

NOVEMBER 14, 2023

Varsity Brands generates more than $400m in 12-month earnings before interest, taxes, depreciation and amortization, the sources added, asking not to be identified because the matter is confidential. Varsity Spirit sells cheerleader uniforms and apparel, and also hosts educational camps, clinics and competitions.

Private Equity Firms 130

Private Equity Firms Private Equity Firms Capital Initial Public Offering 130

The Motley Fool

NOVEMBER 28, 2023

Consumer group revenue growth reflects a strong finish to the tax extension season. We remain focused on transforming the assisted consumer and business tax categories with TurboTax Live. Our innovation in tax has accelerated in several areas. We believe this is Intuit's most exciting era yet. Third, QuickBooks.

Taxes 246

Taxes Accounting Best Practices Banks 246

The Big Picture

OCTOBER 15, 2022

The division provides investments, services, education and research to more than 1,000 financial advisory firms representing more than $3 trillion in assets. Instead of paying dividends to shareholders, it is more tax efficient to lower fees of the funds held by their investors aka owners.

Education 122

Education Taxes Finance Financing 122