Does a 529 Plan Affect Financial Aid?
...529 assets can impact college financial aid packages, but there are nuances...
...529 assets can impact college financial aid packages, but there are nuances...
...Guess what? You’ve probably already started the process...
...While most retirement savers don’t need to worry about oversaving, there are some cases where it might make sense to not invest the maximum in a 401(k)...
...Understand the rules and common misconceptions about who needs to take required minimum distributions, when to take them, and how to efficiently manage them...
...Understand your goals so you know which guidelines can (and can’t) help you achieve them...
...a recent survey showed that only about half of American adults have heard of 529s...
...This may seem like an obvious rubric for making a where-to-live decision, but in practice, people very often make their moving choices based on things that seem salient in their minds, but will, in fact, have a minimal impact on their overall satisfaction..
...It’s a good time to take a fresh look at your complete financial picture if part of your debt will go away...
...It won't change this year's tax bill, but it can help prevent investment slippage and lower taxes on future gains...
...When it comes to investing, keep it simple instead...
...According to research of over 160,000 U.S. employees from 2014-2016, 41.4% cashed out at least part of their 401(k)s when leaving a job — and 85% of those drained their balance entirely...
...If your parents run out of money and you need to support them, it will have a big impact on your own finances...
...Starting next year, unused funds from a 529 plan can be rolled over into a Roth IRA for your kid—without penalty...
...Ultimately, the key point is that because children are now allowed to remain on their parents’ health insurance plan until age 26, non-dependent children covered under a family HDHP may be eligible to contribute to their own HSAs. And as HSAs offer significant tax advantages, advisors can help clients ensure that opting for family HDHP makes sense financially for the family as a whole!...
...Instead of just our physical property and finances, we also have to plan for what happens to our digital estates after we die—and find a digital executor to follow through on those plans...
...Here are 20 mistakes that investors can make with IRAs, as well as some tips on how to avoid them...
...If you quit or are laid off, don't forget about your retirement savings...
...No. 1 financial-appeal mistake: Not asking for a review in the first place...
...Despite the ongoing shift to an increasingly digital world of automatic electronic verification of everything from transactions to identity, the reality is that today, there are still a number of documents that individuals must be able to provide to various companies, regulators, or government agencies...
...these mini breaks might be a good way to see how your spending habits might change...