Budget and Personal Finance Blog | Something On My Mind Podcast

the personal finance blog

#45 - The 401(k) and the Roth 401(k) Review

The max contribution for the 401(k) and the Roth 401(k) is $19,500 yealry. If you're over 50, you can add $6,500 in catch up contributions.

PFT #8 - Personal Finance Tip of the Week: Realized Capital Gains and Losses From Stock Ownership

For most assets the capital gain tax rates that are held for less than a year, are treated as ordinary income as if you earned a paycheck

#44 - The GameStop Short Sell Where the Little Guy Beat Wall Street at Their Own Game

Shorting a stock whens shares are borrowed from a broker on margin and have to be be paid back with interest to the broker.