The Secure Act 2.0, which brings several changes to the retirement system, is now law. Whether you’re decades from retirement or quickly approaching it, some of these changes will likely impact you and your financial plan. Here is a quick overview of the law, and the top points you should know about. Secure Act 2.0: Student Loan and Roth Account Matching Employers will be able to match Continue Reading
How to Invest Your 529 Plan
A 529 Plan is a popular savings vehicle for a college education, and with good reason: they offer flexibility and decent tax breaks in a relatively simple package. But when it comes time to invest your 529 Plan, it’s easy to get tripped up. Should you invest in your state’s 529 plan? The beauty of a 529 plan is that you’re not stuck with your own state’s version. However, that also tends to Continue Reading
Opening a 529 Plan for College Savings
A 529 plan is one of the best ways to save for a college education. It’s tax-advantaged, flexible and available to anyone. But selecting a plan can be a confusing process. Here’s what you need to know about opening a 529 plan: Opening a 529 Plan: Investment Plans vs. Prepaid Tuition There are two main 529 plan options. The investment plan allows account owners to choose to invest their plan, Continue Reading