Josh Wharton

92 Flips | 7 Magazines | 11 Likes | 1 Following | 4 Followers | @JoshWharton3e40 | Keep up with Josh Wharton on Flipboard, a place to see the stories, photos, and updates that matter to you. Flipboard creates a personalized magazine full of everything, from world news to life’s great moments. Download Flipboard for free and search for “Josh Wharton”

College Savings 101: Arguments Against 529 Plans and Alternatives That Might Work Better

Before you pump money into a 529 College Savings Plan, make sure you have three important boxes checked. And even after you check those boxes, you …

Retirement

Can You Open a Roth IRA for Your Kids?

The short answer is yes, but there are some things you need to know first.<p>If you have kids, thinking about your own retirement may seem like …

Retirement

Best Affordable All-Inclusive Resorts

1 of 10<p>Azul Beach Hotel, by Karisma, Puerto Morelos, Riviera Maya<p>Advertisement<p>2 of 10<p>Meliá Caribe Tropical Punta Cana, Dominican Republic<p>3 of 10<p>Divi …

Los Cabos

What to Do When Your Term Life Insurance Is Expiring

Many families are discovering that a 20-year term for a life insurance policy isn’t enough.<p>In an ideal world, you buy life insurance when your kids …

Retirement

How to Use a 529 Plan When Your Child Wins a Scholarship

Even if your child wins a full scholarship, you can use money from a 529 college-savings plan for things other than tuition without triggering taxes …

College & University

An Unlikely Group Of Billionaires And Politicians Has Created The Most Unbelievable Tax Break Ever

S<p>uccess Street in North Charleston, South Carolina, might be the most misnamed place in America, a path through a weedy, desolate neighborhood with 20% unemployment and a 40% poverty rate. Its biggest claim to fame strolls past the gritty brick apartment buildings and tumbledown bungalows on a …

Ozone

The #1 Account All Wealthy People Have (That You Probably Don't)

Can you imagine your little old traditional or Roth IRA is worth millions of dollars?<p>It happens for some people.<p>According to the US Government Accountability Office (GAO), 791 individuals have IRA balances between $10 million and $25 million, while 314 are worth over $25 million.<p>That was in 2011. …

Retirement

Here Are The 5 Biggest Financial Rip-Offs To Avoid

Ripping a band-aid off a wound that hasn’t completely healed hurts. Ripping duct tape off your unshaven face? Now, <i>that’s</i> painful.<p>But, do you know what hurts even more?<p>Getting ripped off — that’s what.<p>There’s nothing worse than getting ripped off and losing your money on an investment you should …

Investing

15 All-Inclusive Resorts That Literally No One in Your Family Will Complain About

All-inclusive resorts are irrefutably the best way to go when it comes to stress-free family vacations. Not only will you be free from the annoyance of budgeting for food and activities, but you'll also be provided with so many food and activity options that even the pickiest and most fidgety of …

Author who studies millionaires: 240 minutes a day separates the rich from everyone else

There are 1,440 minutes in each day. That is the one common denominator we all share. With respect to time, we are all on equal footing. And most …

14 Classic Summer Vacations Everyone Should Take at Least Once

How many of these summer staple trips have you taken?<p>There’s a summer vacation — and then there’s one you can’t explain with a postcard.<p>While plenty …

Here's How Much the Average Wedding Costs -- Though You Can Pay Less

Your wedding can easily cost you $30,000 -- but it doesn't have to. Here are lots of ways to shrink your wedding budget.<p>It's a well-known fact that …

3 Ways to Benefit from a Roth IRA Under New Tax Law, Including a ‘Mega Backdoor Roth’

The tax benefits to Roth IRAs have always been enticing, but now they're even more attractive. Even if you think you make too much to take advantage, …

Retirement

A new laser eye surgery fixes your vision without any gnarly eyeball slicing

As someone who wears glasses, the idea of corrective laser eye surgery is certainly tempting. But then you start reading about how the invasive …

Should You Buy Long-Term Care Insurance, or Invest and "Self-Insure"?

There are high odds that at some point in your old age, you will need the kind of care that regular health insurance doesn't cover.<p>If it's the last …

10 Surprisingly Common Estate Planning Mistakes

From the obvious to the highly obscure, estate-planning problems have one thing in common: They can cause huge, costly headaches for your loved ones. …

Become the Best You Can Be With These Top 27 Inspirational Quotes

Robert H. Schuller said, "Tough times never last, but tough people do." This is one of the many encouraging quotes that will help keep you on track to realizing your full potential.<p>Office life and work routines can sometimes become a bit drab. When you live a life full of Excel spreadsheets and …

Best Long-Term Care Insurance Companies

Updated May 01, 2018<p>Studies from the U.S. Department of Health and Human Services show the majority of people over the age of 65 will require …

Plan the Perfect Weekend in Nashville

This versatile city offers much more than bar-hopping and country music.<p>With its iconic music scene and central location, it’s no wonder Nashville has become a prime spot for party weekends and girlfriend getaways. But spend a couple days here and you’ll find that its “Nashvegas” nickname and the …

Most expensive travel destinations in the USA

29. Cost to Visit Orlando, Fla.: $1,182.52; Meals: $322.50; Drinks (including beer): $45.24; 3-night hotel stay: $285; Airfare: $529.78. Savings tips: This central Florida theme park mecca is one of the best tourist cities for your wallet, but visitors can save even more by taking advantage of …

Flying

How the new tax law creates a ‘perfect storm’ for Roth IRA conversions

For years I’ve lectured about the wonderfulness of Roth IRAs. While the new Tax Cuts and Jobs Act (TCJA) includes one negative change for Roth IRAs, they are still pretty wonderful. Here’s what you need to know about Roth IRAs and especially Roth IRA conversions in the post-TCJA world.<p>The two …

9 Ways You Can Go on a Cruise While Barely Spending a Dime on Board

Cruises are a great travel option for several reasons: they're mostly all-inclusive, you're able to hit multiple ports on a single trip, and they give you more bang for your buck overall. On top of many being fairly affordable to begin with, there are more ways you can save money once you're on …

We've interviewed nearly 50 millionaires about how they invest their money — here are 5 strategies anyone can implement

<i>Each week on a podcast called "Millionaires Unveiled," Clark Sheffield and Jace Mattinson, both certified public accountants, interview a millionaire — someone with a current net worth of over $1 million. They ask them to share their story, investment strategies, and current portfolio …

Retirement

4 Tax Breaks for High-Income Households

If you're fortunate enough to belong to a high-income household, you'll definitely want to look into these tax breaks.<p>Of the many tax deductions and …

Retirement

96% of People With a Health Savings Account Are Making This Mistake

It could cost you a lot of money!<p>If you have a high deductible insurance plan, you may also have a health savings account to go along with it. Health …

Retirement

The GOP tax plan creates one of the largest new loopholes in decades

The tax plan that President Trump signed into law last week creates one of the largest new loopholes in decades: a 20% deduction for “pass-through income.”<p>Pass-through income is business income that is immediately “passed through” to the owner’s personal tax return, thereby avoiding the corporate …

Retirement

I Worked Out Like Dwayne "The Rock" Johnson for 3 Weeks

See what happens when a lady lifts like the most muscular dude in Hollywood.<p>Dwyane "The Rock" Johnson is known for a lot of roles: a former WWE …

What’s in the Tax Bill, and How It Will Affect You

(UPDATED) — Republican lawmakers passed a sweeping tax overhaul this week. Several of the most anticipated changes — such as a significant increase in the standard deduction and the curtailing of state and local income tax breaks — made the final cut of the bill. Some of the most controversial …

Retirement

Got a will? Here are 11 more end-of-life documents you may need

Your last will and testament shouldn't be the last word on your end-of-life wishes.<p>"We all prepare ahead of time for what we know is coming up," Amy …

The GOP’s hidden 46% tax bracket

If you’re rich enough, some of your income is taxed at a rate unseen since the ‘80s.<p>House Republicans claim the tax plan they introduced Thursday keeps the top individual rate unchanged at 39.6 percent—the level at which it’s been capped for much of the past quarter-century. But a little-noticed …