Listen Now In this episode, we’re talking about one of the biggest questions parents and grandparents face when saving for a child: how much of that money should actually go into a 529 plan? Because 529 plans are powerful. But some families also worry about...
Listen Now When Congress creates a new tax-deferred account type, it’s easy to assume that it must be better than what already exists. That seems to be a bit of what’s happening with the new Trump Accounts, which is a new, tax-advantaged way to save for a child and...
Have you ever finished your tax returns and wondered if you could have done more to maximize your tax breaks for your charitable contributions? If so, you’re not alone. Thanks to tax law changes, many taxpayers who used to itemize their deductions can take the...
If you place your hand in a bowl of lukewarm water and start heating it, you’re unlikely to notice the rising temperature. Your hand adapts to the gradual change. Eventually, the water will get to a point where it’s so hot it could burn you and you will notice. But it...
Creating a budget and sticking to it is difficult for most people because the process is time consuming and restrictive. Traditional budgeting forces you to make every decision as if you live in a spreadsheet. But guess what? You don’t live in a spreadsheet. Rather...
