Financial Planning Archive
How to Use a 529 Plan to Finance Your Kid’s College Costs
by Christie Whitney, CFP®You may have heard about a type of tax-advantaged college savings plan known as a 529 plan. Similar to an IRA or 401(k), money put into a 529 is “qualified,” meaning it grows tax-free and can be used tax-free in… Continue reading
Your Retirement Tax Planning Checklist
by Christie Whitney, CFP®The past year certainly has been tumultuous in many ways, including for retirement savers trying to keep up with tax planning. There have been a number of changes to your taxes on the legislative front in regard to the pandemic,… Continue reading
Avoid Holiday Spending Blues With These Expert Tips
by Christie Whitney, CFP®Overspending can be as much a part of the holidays as latkes and caroling. While it’s easy to say “make a budget” there are ways to simplify the process and stay on track. First, go ahead and make that budget,… Continue reading
Thinking of a Move? Here’s What to Consider
by Christie Whitney, CFP®Does living, working, and playing at home during the pandemic have you feeling antsy to upgrade your space? In his recent column for the New York Times, Ron Lieber outlines which considerations you should address carefully when making this life… Continue reading
Kevin O’Leary Says Pay All Your Debts By Age 45 — Including Your Mortgage
by Mitch Tuchman“Shark Tank” star Kevin O’Leary knows how startup businesses succeed — or fail. Most businesses make it past that crucial first year by finding investors while controlling costs tooth and nail. If only retirement investment advice had that same approach.… Continue reading
Everything You Need To Know About the CARES & SECURE Acts
by Sally BrandonAs we enter the next few weeks of the ongoing COVID-19 pandemic the headlines are sure to disorient and worry us all. Federal, state and local responses will unfurl in real time with varying degrees of effectiveness, further confusing matters.… Continue reading
Retirement Investors Have A Chance To Stretch Their Charitable Dollars
by Mitch TuchmanTumultuous times like today’s COVID-19 pandemic tend to bring out the best in us, and you don’t have to look far to find examples: Canned food drives for local food banks, a surge in blood donation, and otherwise idled restaurants… Continue reading
Jason Zweig Is Right: You Probably Already Have $1 Million But Act Like You Don’t
by Mitch TuchmanI’m a big fan of Jason Zweig, the Wall Street Journal investing columnist. His recent piece on bear market investing is a classic of financial communication: Use an easy metaphor to explain a difficult concept. In this case, Zweig explains… Continue reading
Everything You Need To Know About the CARES & SECURE Acts
by Sally BrandonAs we enter the next few weeks of the ongoing COVID-19 pandemic the headlines are sure to disorient and worry us all. Federal, state and local responses will unfurl in real time with varying degrees of effectiveness, further confusing matters.… Continue reading
