James White

James White, CEO of Elm Wealth, a financial advisory firm with about $1.5 billion in assets under management, and coauthor of The Missing Billionaires: A Guide to Better Financial Decisions. ElmWealth.com

Cash Yields and Taxes
Taxes

Cash Yields and Taxes

James White | June 11, 2024

Savers reveling in 5% yields on cash in money-market funds got a rude surprise this past April—they owe ordinary income…