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Financial Advisors

Retirees can face a ‘phantom tax’ on Marketplace health insurance

by Merchant Moller
Retirees can face a ‘phantom tax’ on Marketplace health insurance

Hero Images | Getty Images Since most Americans aren’t eligible for Medicare before age 65, many younger retirees rely on Marketplace health insurance, which offers lower monthly premiums through the …

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How to harvest 0% capital gains amid the latest stock market rally

by Merchant Moller
How to harvest 0% capital gains amid the latest stock market rally

During a strong year for the stock market, a lesser-known strategy could help rebalance your portfolio and save on future taxes. The tactic, known as tax-gain harvesting, involves strategically selling …

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This overlooked risk can ‘make or break’ your portfolio, advisor says

by Merchant Moller
This overlooked risk can ‘make or break’ your portfolio, advisor says

How sequence risk hurts your portfolio Investors can typically start withdrawing funds from retirement accounts without penalty at age 59½. But there’s a big risk for younger retirees or near-retirees …

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How much cash you need to set aside to prepare for a recession

by Merchant Moller
How much cash you need to set aside to prepare for a recession

Pascal Broze | Onoky | Getty Images As investors face economic uncertainty, financial advisors have guidelines for how much cash they should have set aside. Despite second-quarter economic growth, nearly …

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Kamala Harris’ tax records reveal ‘fairly basic’ approach, experts say

by Merchant Moller
Kamala Harris’ tax records reveal ‘fairly basic’ approach, experts say

U.S. Vice President Kamala Harris and second gentleman Douglas Emhoff descend from Air Force Two in Wilmington, DE, U.S., July 22, 2024.  Erin Schaff | Via Reuters Vice President Kamala …

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Working remotely from a cruise? Here’s why the IRS still expects taxes

by Dennis chmitz
Working remotely from a cruise? Here’s why the IRS still expects taxes

Jenny Hunnicutt poses in front of the Royal Caribbean Ultimate World Cruise, which she’s been on for nearly nine months traveling the world. While on board, she’s working remotely for …

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Here’s how the election could impact the muni bond market

by Merchant Moller
Here’s how the election could impact the muni bond market

The first presidential debate between U.S. President Joe Biden and former U.S. President and Republican presidential candidate Donald Trump is projected on a screen projector during a watch party hosted …

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Why Gen Z is investing earlier than millennials did

by Merchant Moller
Why Gen Z is investing earlier than millennials did

Eternity In An Instant | Stone | Getty Images The financial benefit of starting to invest early The time element is crucial for investing. A teenager opening a retirement savings …

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Here are ways to reduce taxes on your savings interest this year

by Merchant Moller
Here are ways to reduce taxes on your savings interest this year

Riska | E+ | Getty Images The first question someone should ask is how much cash do they still need and whether it makes sense to invest some of that …

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How to reduce capital gains taxes on your home sale

by Merchant Moller
How to reduce capital gains taxes on your home sale

The Good Brigade | Digitalvision | Getty Images More Americans are paying capital gains taxes on home sale profits amid soaring property values — but there are ways to reduce …

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