Uses for 529 Funds Include Student Loans, Private Schools, Siblings, & More
The 529 plan allowed tax free growth on contributions to the future ‘college fund’. Student loans, apprenticeships, sibling student loans, and alternative schooling.
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We believe today’s saver deserves much more! Improper alignment of financial tools with your needs and preferences is the major source of missed opportunity, disappointment and regret.
And you know what? It doesn’t have to be that way!
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We believe today’s saver deserves much more! Improper alignment of financial tools with your needs and preferences is the major source of missed opportunity, disappointment and regret.
And you know what? It doesn’t have to be that way!
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Start Saving for Retirement While in College | Secure Act Rules
When you are use to saving, it becomes a habit and little by little, you can increase your contributions. Soon, you will not even notice it’s gone.
SECURE Act | Is the Stretch IRA Dead? | New Rules Apply
The SECURE Act ends the stretch IRA. All of those plans have to be reviewed and probably revised.Stretch IRAs for those who died before 2020 are still good.
Required Minimum Distribution (RMD) Age Raised to 72
This will give you more flexibility in years to come as you manage your income tax costs. This is not to be confused with a Roth Contribution.
Part-Timers Get to Contribute to Retirement | Guard the Seed | Secure Act
If you are working part-time, the thought of saving may seem a bit overwhelming. Respect the potential of the seed with the new Secure Act rules.
How to Get Your Money! – from SECURE Act – part 4 of 4
How can college students start saving for retirement? Can part-time workers save tax costs and contribute to retirement?
How can you take money penalty-free when adopting? What is happening to minimize savings discrimination for older workers? What are the new uses for 529 savings plans?
Show Me the Money! – from SECURE Act – part 3 of 4
The SECURE Act signed December 19th, 2019, is the law. Pay attention to the retirement income numbers, Ask these questions to keep yourself out of trouble.
Rule for 72nd Birthday – SECURE Act – part 2 of 4
Good News!, you can wait nearly two more years to start taking the mandatory distributions from your IRA accounts, and if it is money you don’t need…
Stretch Affect from SECURE Act – part 1 of 4
The SECURE Act eliminates the stretch IRA and replaces it with a 10-year payout deadline for most beneficiaries. Most affected are those with large IRAs.
The Retirement Honeymoon | Don’t Run Out of Money Vs. Enjoy Retirement
If you don’t give yourself permission to enjoy your lifetime of saving, how much does it matter that you have accumulated all of that money?
History is Changing with Bonds: The New Mind Shift
WARNING: The value of your bonds go down when interest rates rise. With bond funds, this is called ‘mark to market’…
QCD – Qualified Charitable Distribution – How it Works and How You Benefit
To save money on taxes, make your charitable donations through a QCD and satisfy your Required Minimum Distributions – TAX-FREE!