Home Financial Planning

Financial Planning

Last week, Morningstar published a report on the use of 529 accounts for college savings. It found that only 16% of families with young children are using 529 plans. While this number is not necessarily shocking, it is unfortunate that families are leaving money on the table. Morningstar’s report,...
Morningstar Last week, Morningstar named the best 529 college savings plans for 2018. College savings plans are without a doubt the best vehicle to save for education. These plans allow investors to skip federal taxes on investment growth to pay for college and its associated costs. For many investors, that means...
If you’ve ever wished you could stash away more money in your tax-deferred retirement accounts, the IRS has made your dream come true. Contribution limits to retirement plans are going up in 2019. The most popular retirement savings vehicle, the 401(k) plan, along with its cousins, the 403(b) account for...
By Danielle Howard, CFP in MarketWatch Danielle takes her plumbing metaphor a bit too far but provides sound advice on intentional money management in retirement. By which she means you need to pay attention to the little stuff, stop the small leaks before you find yourself with a depleted retirement...