529 savings plans are tax-advantaged education savings vehicles and one of the most popular ways to save for college today. They can also be used to save for K-12 tuition.
Taxes can have a big impact on your total investment returns. And with tax season here, it’s a great opportunity to revisit your investment portfolio and how tax-deferred and tax-free investments fit into your overall strategy. When making investment decisions, be sure to look for ways to help maximize tax benefits in addition to other
Taxes can take a big bite out of your total investment returns, so it’s helpful to look for tax-advantaged strategies when building a portfolio.
When you’re an entrepreneur, you’re in charge of all business details — including finances. By taking the time now to think about the future, you can intentionally set your business up for financial security beyond the day-to-day flow of income and expenses. You don’t need an employer to prepare for retirement, get insurance or create
It’s time. You’re ready to plan how you will save for retirement, or finally do a spring cleaning of your current investments to ensure they’re actually working for you. Perfect! In addition to the program your employer offers, know that you can take control of your financial future by independently setting up accounts to better
We often dream about the freedom of retirement. Perhaps you hope to travel the country by RV, purchase a seaside cabin or gift your grandchildren funds for college. But have you thought about how to make these wishes happen? It’s never too early (or too late) to start thinking and planning for your retirement. Work through the six questions below to put the wheels in motion toward financial security after you collect
On June 8, 2020, the National Bureau of Economic Research (NBER), which has official responsibility for determining U.S. business cycles, announced that February 2020 marked the end of an expansion that began in 2009 and the beginning of a recession.1 This was no great surprise considering widespread business closures due to the coronavirus pandemic and the
Even if you’re savvy about college shopping and thoroughly research financial aid, college costs may still be prohibitive. At these prices, you might expect you’ll need to make substantial financial sacrifices to send your child to college. Or maybe your child won’t be able to attend the college of his or her choice. Before you
Are you unsure if you’re on the right track with your savings and investments? Are you finding yourself with new responsibilities, such as the care of a child or an aging parent, or facing other life events like marriage, divorce, the sale of a family business or a career change? These are only some of
In the current market environment, the value of your holdings may be fluctuating widely — and it’s natural to feel tentative about investing more. But regularly adding to an account that’s designed for a long-term goal may cushion the emotional impact of market swings. If losses are offset even in part by new savings, the