Retirement depends on many factors, including how much you spend and when you want to retire. However, what is for certain is that you must save.
President Obama expanded the Pay as You Earn program to include borrowers who took out federal student loans before October 2007 and those who stopped borrowing by October 2011.
Withdrawing retirement assets is an art: too much and you may run out of money; too little and you may not enjoy it. Learn how to balance it in this week’s Financial Tip.
John W. Dickson, C.P.A., CVA, of Henssler Financial, explains how distributions from 529 Plans can be taken tax free, the documentation you should keep in case of an audit, and why coordinating your withdrawals with education tax credits is important.
Interest earnings on cash values in an Indexed Universal Life policy are tied to the performance of a market index. Read all about it in this Insurance Tip.