Money Market Accounts A money market account is a deposit account offered by a bank or credit union. Money market accounts are savings accounts that generally pay a higher rate of interest than traditional checking or savings accounts. Banks and credit unions that...
Retirement planning can be overwhelming. To simplify your retirement plan and increase your odds of success, break your retirement plan down into the following three goals: portfolio, housing, and estate plan. Instead of getting lost in a complicated software program,...
If you have a taxable brokerage account with Fidelity, the 1099 you receive will not show what percentage of your ETF and mutual fund dividends came from U.S. government securities. Fidelity 1099 reporting only shows the total amount of your dividends received from...
You have done well in life and have a lot of assets. In your estate plan, you created trusts for your kids, but you are not sure how to talk about it with them. Do not worry, you are not alone. Many wealthy families avoid discussing trusts with their kids because they...
Fidelity government money market SPAXX is widely used by investors with $400 billion in the fund. I have often wondered how many of these investors realize they are paying .42% per year in invisible fees? High Fees High Taxes The problem with SPAXX is not just limited...
Investors looking for alternatives to Fidelity Government Cash Reserves fund, FDRXX should consider i-shares SGOV etf. SGOV may provide a better return, especially for taxable accounts. In this article we will compare FDRXX to SGOV to demonstrate why SGOV is the...
