The Wealth, Well-Ordered Blog
Practical insights, timeless truths, and real-life situations to help you align your wealth with what matters most.
Key Provisions in the Amended Bill
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SALT Cap Raised: State and local tax deduction cap raised to $40,000 (temporary, first five years)
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Tax Breaks: Deductions for overtime and tips; expanded child tax credit ($2,200 per child); auto loan interest deduction on U.S.-assembled cars
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Senior...
Understanding Social Security: The Social Security Fairness Act and the Trust Fund Crisis
As we continue to navigate economic, political, and social challenges, one pressing concern for many Americans is the future of Social Security. In light of the Social Security Trust Fund's projected exhaustio...
The benefits of Roth IRAs are undeniable: earnings and withdrawals are tax-free, and there are no required minimum distributions (RMDs). However, converting your traditional IRA to a Roth isn’t always right. In some situations, it could even be a costly mistake.
Should You Convert to a Roth IRA?
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