17 Sep Grandparent 529 Plans Get a Boost Under New FAFSA Rules
529 plans are a favored way to save for college due to the tax benefits and other advantages they offer when funds are used to pay a beneficiary's qualified college...
financial planner Tag
14 Sep Company Stock and Your Retirement Strategy
The opportunity to acquire company stock — inside or outside a workplace retirement plan — can be a lucrative employee benefit. Your compensation may include stock options or bonuses paid...
10 Sep Unexpected Surge in Renovation Projects
Home-improvement spending normally lags during recessions, but COVID-19 sparked an unexpected surge in do-it-yourself renovation and maintenance projects. Many households whose finances held up during the pandemic devoted time and...
31 Aug Tips for Keeping Your Teen Driver Safe Behind the Wheel
For many teenagers, getting a driver's license is a rite of passage that brings them one step closer to adulthood. Unfortunately, distracted driving, drinking and driving, and not wearing a...
27 Aug Child Tax Credit for 2021: Will You Get More?
If you have qualifying children under the age of 18, you may be able to claim a child tax credit. (You may also be able to claim a partial credit...
24 Aug Stock Market Risks in the Spotlight
During March 2021, the widening availability of COVID-19 vaccinations, signs of improving economic conditions, and a third, $1.9 trillion stimulus package brought about more optimistic growth projections. Even though a...
20 Aug COVID-19 Left the U.S. Travel Industry Reeling
The U.S. travel industry's total economic output plummeted 42% in 2020. A full 65% of all jobs lost in the United States were those supported by the travel industry. Perhaps...
03 Aug Life Insurance Beneficiary Mistakes to Avoid
Life insurance has long been recognized as a useful way to provide for your heirs and loved ones when you die. Naming your policy's beneficiaries should be a relatively simple...
30 Jul Can Creditors Take Your Retirement Savings? It Depends
Given the immense financial hardship inflicted by the COVID-19 pandemic, a rise in personal bankruptcies could be waiting in the wings. For those whose livelihoods have been hit the hardest,...
26 Jul Corporate Debt: Are Juicier Yields Worth the Extra Risk?
In response to a pandemic-induced sell-off in March 2020, the Federal Reserve announced that it would purchase corporate bonds, including riskier junk bonds, as part of its effort to stabilize...