"Who should own the 529?" is one of the questions we get asked most, and the honest answer is: it depends. The right owner comes down to three things — financial aid impact, state tax deductions, and plan quality. In this blog post, we take them one at a time.
If you have a Coverdell and a 529, it may make sense for you to consider transferring the Coverdell into the 529 to allow those funds to be eligible for the Roth strategy. There are several factors that would contribute to whether this makes sense for your personal situation.
With the passage of the “One Big Beautiful Bill,” Congress and President Trump have dramatically altered the tax- and financial-planning landscape for financial advisors and their clients. The enactment of the OBBB Act is going to have far-reaching implications for tax and financial planning. In this second part of an overview of the Act, we take a look at six temporary provisions that may affect your clients.
Staying ahead of legislative changes that directly impact our clients’ financial well-being is crucial to our profession. The recent signing of the “One Big Beautiful Bill Act” (OBBB Act) by President Trump on July 4 represents a monumental shift in the American fiscal landscape. This two-part summary provides a detailed overview of the OBBB Act’s core provisions, confirmed to reflect the final text signed into law, not earlier drafts or proposed versions.
National Teacher Appreciation Week—is when we honor the immeasurable contributions of the dedicated professionals who educate our children.
Refinancing your student loans may save you thousands of dollars over the course of your loan. Is it right for you?
For those who have a kid headed off to college, have you gone over the "what if" scenarios with them? In case of emergency, you and your college student will want to have this paperwork filled out ahead.
Sending your kid off to college comes with a hefty price tag. Here's a quick overview of what expenses may qualify for a reduction in your taxes plus 3 tax-focused savings strategies.
Sending your kid off to college comes with a hefty pricetag. As you begin the college planning process, keep these 5 common mistakes in mind.
There is a strong connection between the economy and literacy. In this article, we'll examine how the two are connected, as well as some ways to improve them both.
