No Non-Cents Blog

In December 2025, Michael and Susan Dell announced one of the largest philanthropic contributions ever made toward children’s financial futures: a $6.25 billion gift to fund $250 deposits into the investment accounts of up to 25 million U.S. children. This announcement comes alongside the federal “Trump Accounts” initiative, which provides a separate $1,000 seed deposit for newborns. Together, these two programs are designed to expand access to long-term investment accounts a

The One Big Beautiful Bill  has hit the tax world like a tidal wave. While high-income taxpayers can cheer at the temporary increase in the state and local tax (SALT) deduction, there’s a hidden trap lurking beneath the headlines—a tax “torpedo” that can blow a hole in your bank account if you’re not careful. Think of it as a financial booby trap: you see a treasure chest of deductions, but open it without planning, and—kaboom—your tax bill rockets higher than expected. What

Even when the influx of a large amount of money is a happy event, it can provoke many uncomfortable feelings. There can be even more...