There are two types of 529 accounts: the college savings plan and the prepaid tuition plan. The latter allows you to prepay for future college courses at current prices—in other words, get the 2018 rate 18 or 20 years from now. That sounds great, but there are major drawbacks. The prepaid plan guarantees to cover… Continue reading Starting a 529 College Savings Plan Is a Great Idea, Even for Parents of a Newborn
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4 Life Changes That Warrant An Investment Tune-up
If you’re 45 to 65 and are going through some serious changes in your life, you should be thinking about these steps right now: Life Change #1: New Job The average American worker changes jobs every 4.4 years, and when they start a new job, their 401(k) plans don’t typically come along. In fact, the… Continue reading 4 Life Changes That Warrant An Investment Tune-up