Grandparents Can Held Fund College Costs with 529 Plan
In today’s Marietta Daily Journal, Bil Lako, CFP®, shares tips on how grandparents can help toward higher education costs.
In today’s Marietta Daily Journal, Bil Lako, CFP®, shares tips on how grandparents can help toward higher education costs.
You make money from your YouTube videos, but are you a business for profit or is this just a hobby? It matters to the IRS. We explain in this week’s Business Tip.
If your Medicare HMO goes out of business, you have several choices to make, but a short window to make them. We explain in this week’s Insurance Tip.
The IRS has expanded what falls under “qualified higher education expenses” for 529 Plans. Read all about it in this week’s Tax Tip.
This week, Research Analyst Nick Antonucci, CVA, Managing Associate K.C. Smith, CFP®, and Senior Associate Jarrett McKenzie, CFP®, CWS®, cover a financial planning situation about investors who want to help fund college education savings for their grandchildren. They cover the benefits for both 529 Plans and Roth IRAs.
The week started off with gains as the Dow Jones Industrial Average achieved its ninth record closing high in a row and the S&P 500 index ticked up to record level highs. Sentiment was reversed Tuesday as the indices concluded trading in the red zone after trading in a narrow range throughout the day.
In today’s Marietta Daily Journal: Per Bil Lako, CFP®, women, who statistically live longer, may need more financial planning.
Self-employed individuals benefit by deducting their business expenses directly on their business schedule. Read more in this week’s Business Tip.
Chances are high that you or a loved one will need long-term care. Are you prepared for the expense? Learn more in this week’s Insurance Tip.
Borrowing funds to finance an education? You may consider a borrowing against your home because of the tax benefits. We explain in this week’s Tax Tip.