Investment advice: All about 529 plans, just in time for National College Savings Day on May 29
I’m at the age where many of my old college friends now have kids who are headed off to college themselves. If you can tell me where all the time has gone, I’d appreciate it.
read moreFinancial tips for the twenty-somethings in your life
Recently, I spoke with a 27-year-old who works at a local manufacturing company. Our office helps to manage his employer’s 401(k) plan, and, on this particular occasion, he called to discuss a recent case of FOMO, or the “fear of missing out.” He expre …
read moreWhy you should consider giving to charities from your IRA
$27,800: That’s the standard deduction in 2021 for a married couple, both over age 65, filing jointly. Because that number is so high this year, most folks are no longer able to itemize their charitable contributions. If you’re like most people I know, …
read moreRemembering Sylvia Porter
For more than 50 years, Sylvia Porter was a financial columnist who dispensed middle-class investment advice. She began her career in the 1930s under the byline S.F. Porter to conceal that she was a woman, but in time she began to use her full name, wh …
read moreConsider investing in target-date retirement funds
Recently, a man in his early 50s asked me to review his retirement plan. A senior manager at a large employer, he had just paid off all of his debts and set his sights on saving and investing for a successful retirement at age 70. So far, so good. But …
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