529 Plan Withdrawal Strategy
Hosts discuss the strategy involved when withdrawing from your 529 Plan for education expenses.
Buy Term and Invest the Difference
The main purpose of life insurance is to create an estate to take care of your heirs if you should die. Therefore, we believe the time when your need for life insurance is at its greatest is when you are young with young children. As you grow older, your need for life insurance diminishes. This means you may not need the same level of asset protection as you did when you were young. We explain in this Insurance Tip.
Gifting for Education Expenses
Tuition payments to a qualified educational institution are exempt from the gift tax rules. This means that you, a grandparent, or anyone can gift a child $14,000 and also pay their college tuition. Learn more in this Tax Tip.
Risk-Adjusted Return
Risk-adjusted return is the measure of return per unit of risk. It is a backwards looking measurement. We do not believe you can judge a portfolio on risk-adjusted return alone. We explain in this Financial Tip.
In the News: 529 Requires Withdrawal Strategy
Strategy isn’t just for saving. Bil Lako, CFP®, explains 529 plan withdrawal strategy in today’s Marietta Daily Journal. Read the Article.
Quickbooks Tip: Receiving Inventory With or Without Bills
Quickbooks’ tools can help you document received inventory and can help prevent you from recording the same items twice. Learn how in this Business Tip.
Choosing an Insurance Provider
Be sure your insurance agent or broker has enough experience to give you the proper guidance in choosing your coverage. Learn more in this Insurance Tip.
Premium Assistance Credit—The Health Insurance Subsidy For Lower Income Individuals and Families
Congress included a tax credit in the health care law to help lower income individuals pay for their health insurance. Learn more in this Tax Tip.
What is a payable on death (POD) account?
A payable on death bank account can be designated as payable on death to someone of your choice. Learn more in this Financial Tip.
Bumpy Week As Investors Closely Watched Economic News
Markets had a bumpy week, with mixed economic news, earnings and a slip in consumer confidence.