Category Archives: Taxes

401(k) Match Day

bag of moneyI was catching up on some of the blogs I follow, and a post over at Thousandaire caught my eye. The post was titled “401k Match Day is like a Holiday.” I had a few immediate reactions to the post:

  1. I have lots of friends who are finishing up medical school, so “Match Day” means something else to me.
  2. I hate that my company has a 401(k) Match Day.
  3. Wait– other companies do 401(k) matching in a once-yearly lump sum too?!?!?
  4. 401(k) Match Day is like getting a tax refund. I’ve been meaning to write about how I hate tax refunds too, I should probably write something.

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Understanding Capital Gains Distributions

understanding capital gains distributionsIt’s that time of year when those of you holding mutual funds may see a capital gains distribution. If you’re new to investing, like me, you might be wondering what this distribution is, why you’re receiving it, and what the implications are.

Let’s start out with the most important thing: although it ostensibly looks like you’re receiving money, capital gains distributions generally aren’t good for shareholders. Let’s take a closer look at what’s really happening when you receive a capital gains distribution.

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