529 Plans: Benefits & Limits
With the spring semester winding down, we wanted to share some reminders and information about 529 plans and how you can get the most out of your college savings plan!
With the spring semester winding down, we wanted to share some reminders and information about 529 plans and how you can get the most out of your college savings plan!
Many people start out managing their own investments. But as their earnings and assets grow, their financial needs and challenges become more complex—and continuing to go it alone could prove costly in terms of investing miscues. Consider three common mistakes that can reduce returns and increase anxiety ...
As the flowers bloom and the days grow longer, spring serves as the perfect reminder that it’s time to refresh and rejuvenate. While you’re decluttering your home and tidying up your garden, don’t forget to give your finances a thorough spring cleaning as well. Just like your living space, your financial health requires attention and maintenance.
Growing up my father would often say “cash is king” as he handed over bills to the cashier while I rolled my eyes upon hearing this saying for the millionth time. But now as a financial advisor, I understand the importance of cash and that making strategic decisions about where to earn a little extra return on your short-term savings and emergency fund is crucial for maintaining and growing wealth.
We all know the saying that nothing is certain in life except death and taxes, and I would certainly rather talk about taxes! It’s that time of year again – the IRS is now accepting returns and the worry about this year’s “damage” may have started to creep in. On the other side of the fence, tax preparers have bought up all the coffee pods and are kissing their loved ones goodbye as they hunker down for the busy season.
When faced with uncertainty, we understand the natural human reaction to worry. An example of uncertainty in 2024 is the upcoming Presidential election. Our political elections in the U.S. have become very polarizing, with each side thinking that if the other party wins then our country (and economy and stock market and you name it…) will crumble. So, is that a reason to worry?