Robert Kessler

I advised households on their money for thirty years. The profession is good at telling you how to build a balance and nearly silent on how to spend it down. That's the harder problem. I write The Wealth Habit — one retirement decision at a time.

The IRS underpayment rate stays at 7% for Q4

The IRS set its fourth-quarter rates on August 21. Nothing moved. For individuals, the rate on both underpayments and overpayments holds at 7% a year, compounded daily, for the quarter beginning October 1, 2026, per Revenue Ruling 2026-15. And that 7% is what a shortfall costs you, charged