In the midst of much trial and tribulation around our country, can I share a personal story on the lighter side of life? I’m a first-time grandpa. This experience is good beyond my imagination – all the joy with none of the responsibilities! Still, as a financial...
529 savings plans
Retirement vs Education Savings Goals
This week on WBIR's Sunday Money a viewer asks, should I save for my daughter’s college or for my retirement? Let’s ask our moneyman, Paul Fain, president of Asset Planning Corporation. PAUL, WHAT IS THE HIGHER PRIORITY: DO YOU SAVE FOR COLLEGE OR FOR RETIREMENT? Save...
Top 5 Questions About 529 Savings Plans
Saving for future education expenses is one of the most common financial goals. Whether the beneficiary is a child, a grandchild, or other family member. The preferred “vehicle” for those savings – the type of account – has certainly changed with tax laws and times....