My other post listed 2026 401k and IRA contribution and income limits. I also calculated the inflation-adjusted tax brackets and some of the most commonly used numbers in tax planning for 2026 using the published inflation numbers and the same formula prescribed in the tax law. ...
Sector or sectoral mutual funds are a subcategory of equity funds. According to SEBI, these funds must invest at least 80% of their total assets in equity and equity-related instruments of a specific sector. This means that if you’re investing in, say, a banking and financial services fund, 80% or more of your money will be allocated to the stocks of banks and financial institutions, such as SBI, HDFC, and Axis Bank. Similarly, if you invest in a pharma and healthcare fund, over 80% of the investment will be allocated to companies such as Sun Pharma, Cipla, and Max Healthcare. ...
Confused about the 4% retirement rule? Discover why experts like Bengen keep changing the safe withdrawal rate—and why 3.5% may be safer in India. ...
We covered the new tax deductions in the 2025 Trump tax law in previous posts: seniors, car loan interest, tips, overtime, charity donations, and the SALT cap increase. The law also created a new type of tax-advantaged account called the Trump Account. ...
Picking the right stocks isn’t easy. You need to dedicate a lot of time and effort, as well as have a good understanding of the market, to select from the thousands of options available. And even after choosing your stocks, you have to keep an eye on them, tweak your portfolio, and make decisions based on market conditions. This type of management is called active investing. But what if you don’t want to do all that? What if you just want to earn market-level returns without constantly being engaged with your investments? Well, then you look for the passive vehicles. Two popular investment options that simply track an index are Index Funds vs. ETFs. ...
The real cost of education in India is skyrocketing. See fees for IITs, NITs, BITS, medical, MBA & private colleges with 2040 projections. ...
Many of us follow routines to make life easier, and grocery shopping is no exception. Maybe you always hit the supermarket after work on Wednesdays or first thing Saturday mornings. But is it dangerous to go grocery shopping at the same time every week? While routines offer convenience, they can also bring some unexpected risks. Understanding the potential downsides can help you make smarter choices about your weekly habits. Let’s look at what you should consider before sticking to the same grocery schedule week after week. ...
The Roth IRA is one of the best investment vehicles available, which is one reason why they limit your contribution based on your modified adjusted gross income. ...
The new 2025 Trump tax law includes provisions for “No Tax on Tips” and “No Tax on Overtime.” I covered “No Tax on Tips” in a different post. Let’s look into “No Tax on Overtime” now. If you earn both tips and overtime pay, you can benefit from both! ...