How can insurance be used in other planning strategies? Insurance has many uses in addition to what you probably think of as its traditional purpose. Life insurance is often the cornerstone of estate plans. You can use life insurance as a savings tool for your children’s education, for your own retirement, even for gifts to
Even though your child is just in high school, he or she may still have to deal with certain financial challenges. Whether this involves saving for an important purchase like a car or learning how to use a credit card responsibly, it’s important for your high schooler to have a basic understanding of financial literacy
The National Retail Federation (NRF) and Proper Insights & Analytics recently released a survey detailing back-to-school spending for the 2019 school year. The survey looks at how American families plan to shop for clothing, supplies, and other items for the school year. Record spending expected for 2019 As students prepare to go back to school
Generally, you can join any state’s 529 savings plan. Why might you want to shop around? Some plans may be more appealing, for a variety of reasons. Here’s one way to approach this question. First, find out if your state offers any state tax benefits for 529 contributions or withdrawals, and whether those benefits are
