Have you done your 2023 math yet?
Last month I posted all of the 2023 account limit information. Yesterday I prodded some of the people I love, reminding them that the information exists. Today one of those people got back to me to announce they’d done the math, determined how much they planned to put away next…
Paperwork 101 – 403b beneficiary designation
Ever had forms that didn’t fit your scenario? Today I received a form I was supposed to fill out, regarding attending an event. The preamble in the form was busy talking about making sure enough food was ordered. I’m attending the event virtually, but there was only one question, and…
Why should I manage my asset allocation and asset location at the household level?
Unless you’re already a finance geek, you probably looked at today’s article title and went “huh?” No worries, it’s not as bad as you think. Two of the primary considerations with investing are asset allocation, and asset location. At a high level, asset allocation is your willingness to ride the…
Impact of New IBond Rates
Earlier this week, the semi-annual reset of I-Bond interest rates happened. The interest rate went from 9.62% (May-October 2022) to 6.89% for newly issued I-Bonds (November 2022-April 2023). With the cut in rates, the very short window between announcement and implementation caused enough demand in a short enough window that…
Driving and Aging and Parents, Oh My!
I had someone ask for resources on this topic this week. People don’t want to give up their keys. You knowing what danger signs to look out for, having them agree in writing before it becomes an issue, and providing/connecting them with alternatives that allow them to maintain independence, all…
Cortisol and spreadsheets and you
My husband likes to listen to the radio, he can’t tell me the attribution of this (approximate) statement he brought home this weekend, but it’s along the lines of “You cannot look at a worksheet or spreadsheet and change the amount of cortisol in your brain.” I disagree. Looking at…
Do you know the 2023 tax-related contribution limits?
More and more of the 2023 tax related numbers have been released by the IRS throughout 2022. Here are those thresholds. Still need the 2022 thresholds? You can find those here. These numbers were released earlier this year Self HSA contribution – $3850 (up from $3650) Family coverage HSA contribution…
What happens when you’re in the wrong place?
Everyone has their own needs. Without a space and support that’s just right for you, you won’t thrive. What happens when we’re in the wrong place? We don’t thrive, we don’t meet our goals, we feel lingering discontentment and disappointment in ourselves. Three examples of the bad definitions Having space…
What’s this new thing in my 403b statement?
Some people saw a whole new page show up at the back of their 401k when their quarterly statements arrived in early July 2022. If you’re like me, that new page at the back of your 403b didn’t appear until the next quarterly statement arrived in October 2022. And it…
Finding those right resources
One of my kids is taking a pre-algebra class, and didn’t understand what was allowed for cancelling in algebraic expressions (eg in the numerator and denominator). I’ve found that I get less arguments if I find an educational video that presents the necessary material, vs if I try to present…