The Money Cruncher
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Personal finance creator who critically evaluates “fintech banks,” account safety, FDIC/program bank structures, and risk.
Recent Posts
Social•Feb 22, 2026
Gift Stocks, Let Kids Pay Zero Capital Gains
A dad has $1M in a brokerage account and wants to gift $19k to each of his 3 adult children. Instead of selling and giving cash, he should gift them stocks instead. Depending on their income, his children can sell the shares and pay a 0% long term capital gains rate (if taxable income <$49,450)
By The Money Cruncher
Social•Feb 20, 2026
Park Sale Proceeds in Money Market, Not Stocks
"I got $500k from the sale of my home. What to do with the cash if I need to buy another home within a year?” Money Market Fund (like $VUSXX) paying 3.64%. State tax free, so it’s a great choice, or HYSA. Unless...
By The Money Cruncher
Social•Feb 20, 2026
Dividends Are Taxed—High Earners Should Chase Growth, Not Yield
Just fyi: Even if you reinvest dividends, you still have to pay taxes on them. If dividends are qualified, you'll pay 0-23.8% in tax. If non qualified, you'll pay 0-40.8% tax, and state/local taxes. High earners shouldn’t chase high dividend funds. Focus on...
By The Money Cruncher
Social•Feb 20, 2026
BoA Hikes Cash‑back Boost Threshold to $1 Million
Bank of America is changing its cash back rewards program. Previously, you could get 5.25% cash back on a selected category (e.g. online) or 2.62% unlimited CB if you held $100k+ with Merrill Edge brokerage. Starting in May, you will need $1M...
By The Money Cruncher