Top 3 Considerations When Selecting a 529 Plan

If you are saving for college for your children, a 529 college savings plan is one of the best vehicles to utilize.  A 529 plan is a tax-deferred account that allows you to save money and invest it for future college expenses.  As long as you use the funds for qualified college expenses, withdrawals from the account are tax free. ...

Financial News or Financial Entertainment? There is a big difference.

Last week famed investor Jim Rogers received a ton of press around his latest call that “The Worst Financial Crash You Have Ever Seen Is Coming”!!! I’m loathe to give him any more attention, but I do believe in full transparency so here’s the link if you’re so inclined: https://www.thestreet.com/story/14322684/1/stock-market-crash.html News? More like entertainment. Over the past few years there’s...

Equifax: Are Monitoring, Alerts and Freezes Enough?

Like most people, my credit cards have periodically been stolen, and subsequently replaced by my credit card companies. A vendor for my health insurance company was also hacked, entitling me to free Identity Theft Monitoring. I have felt lucky that any assault to my personal credit has been limited. But the Equifax breach is different. It affects over half the...

Tips for Charitable Giving in Times of Crisis

In 2016, over $390 billion was donated to charitable causes in the US.  Many people donate money and time to their favorite charities throughout the year.  Some choose to set up scheduled giving such as a monthly donation, while others make their donations at the end of the year.  When unexpected events, like Hurricanes Harvey and Irma occur, you may...

Parents of College Bound Kids: Finally Some Good News!

As the father of a newborn, saving for college is now a major financial goal for my household. After years of helping clients tackle the following questions, I’m doing it for my own family. There’s a lot to consider including: Projecting the potential cost of college education Determining how much to save Helping to decide where best to invest (529...