Friday, 4 September, 2026
A financial decision can be beneficial from one perspective but harmful from another. An investment sale may reduce portfolio risk while creating a large tax bill. A strategy that lowers this year’s taxes may produce much larger required distributions later. A strong investment portfolio may still fail if the retiree […]
Retirement planning involves much more than choosing investments or preparing an annual tax return. Retirees must coordinate income, Social Security, Medicare, taxes, investment risk, required minimum distributions, insurance, and estate planning. Three credentials frequently appear in these conversations: CFP®, CFA®, and CPA. Although their responsibilities sometimes overlap, each represents a […]
Many retirees believe Medicare will pay for nursing-home care because they have paid Medicare taxes throughout their working years. Unfortunately, Medicare generally does not cover extended custodial nursing-home care. Medicaid may provide this coverage, but eligibility depends on medical need, income, assets and state-specific requirements. Medicare and Medicaid are not […]
The new Trump Accounts (legally known as 530A Trump Accounts) officially became available on July 4, 2026, as one of the family wealth-building provisions in the One Big Beautiful Bill Act (OBBBA). They are designed to give children a long-term investment account beginning at birth or during childhood. Here’s how […]
In the automotive industry, battery theft usually conjures images of criminals stealing catalytic converters or individual battery packs from parked vehicles. But in one of the largest cargo theft investigations involving electric vehicle batteries in U.S. history, investigators say criminals didn’t steal batteries from customers—they stole them before they ever […]
On June 22, 2026, former Federal Reserve Chairman Alan Greenspan passed away at the age of 100. During his nearly two decades leading the Federal Reserve from 1987 to 2006, Greenspan became one of the most influential economic policymakers in modern history. Many referred to him as “The Maestro” because […]
A balanced look at opportunity and risk June 2026 marked a historic moment on Wall Street. Elon Musk’s SpaceX went public with an estimated valuation of approximately $1.77 trillion, making it the largest IPO in world history. Within its first trading day, SpaceX’s market value surpassed $2 trillion, helping Elon […]
For many Vietnamese-American families, building wealth has taken decades of hard work, sacrifice, and careful planning. Whether that wealth comes from a family business, a paid-off home, retirement savings, investment accounts, or rental properties, one common goal remains the same: passing those assets on to children and grandchildren as efficiently […]
Updated for 2026 Federal Tax Law Changes and the One Big Beautiful Bill Act (OBBBA) California remains one of the most attractive states for estate planning because it does not impose a state estate tax or a state inheritance tax. However, federal estate tax rules still apply to larger estates, […]
One of the most significant tax developments of 2026 is the continued expansion of federal estate tax relief under the One Big Beautiful Bill (OBBB). As a result, many American families—including most Vietnamese-American households—will likely never owe federal estate taxes. Unfortunately, that does not mean estate planning can be ignored. […]