Happy 529 Day! On May 29, the college savings industry celebrates the day as a way to spread the word about the positive benefits of saving for college with a 529 account. Although these plans have been around for decades, they still exist in relative obscurity. The investment research firm Morningstar estimates that only 16% of parents with children younger than college age are saving in a 529.
It’s hard to avoid seeing news about the ongoing US-China trade conflict. In light of this turmoil, we thought we’d take a step back and examine exactly how tariffs work, who pays them, and how trade disputes like this have played out in the past.
Americans face a retirement crisis. Could Congress come to the rescue?
Would you like to cut your tax bill while helping those who are less fortunate? If that’s the case, you should consider using a Qualified Charitable Distribution (QCD).
Tax filing season is here, and many people who did not adjust their tax withholding last year when the new tax law went into effect are getting unpleasant surprises.
It is underappreciated by those who do plan for their future just how many people fail to do so.