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Secure 2.0 Act: Americans Will Be Able To Make Tax-Free Transfers Of 529 Plan Funds To Roth IRAs

January 16, 2023

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Beginning in 2024, the Secure 2.0 Act will allow people to make tax- and penalty-free rollovers from 529 plans into a Roth IRA. To qualify for the transfer, the 529 plan must have been open for at least 15 years. CLICK ON THE HEADLINE FOR MORE

14 Money Moves You Will Be Thankful For

November 12, 2018

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November is not only the perfect time to give thanks for all that is good in life and embrace gratitude ahead of the holiday season, it's also a great time to take action to improve your financial situation. CLICK ON THE HEADLINE FOR MORE

Nervous About Paying for College? Here’s Help

October 8, 2018

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It’s no wonder many parents and teens are frazzled about how to pay for college with today's average tuition cost. FOR HELP TO UNRAVEL NERVES, CLICK ON THE HEADLINE

10 Ways To End 2016 On A Financial High Note

December 5, 2016

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To end 2016 on a financial upswing, these money moves can help reduce your tax bill, fast-track your financial goals and boost your retirement savings. CLICK ON THE HEADLINE FOR MORE

529 Plans: The Best-Kept College-Savings Secret

June 1, 2015

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Despite the rising cost of tuition, a recent survey found that 66% of Americans do not know what a 529 plan is. CLICK ON THE HEADLINE FOR MORE

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Four Year-End Tax Tips To Get On Track For 2024September 19, 2023 - 2:36 am
It’s a great time to start thinking about your taxes. There are four tips that can help you get on track for 2024.
How You Can Avoid A Tax Refund Shock Next YearSeptember 11, 2023 - 12:41 pm
One way Americans can avoid being caught off guard next tax season is by conducting a thorough review of their tax return alongside a mid-year review of their income so far in 2023. Undergoing a mid-year assessment can help taxpayers estimate how much they will receive in tax refunds or what sort of balance they will owe next tax season.
44% Of Savers In Their 20s And 30s Want To Retire By 60, But Few Are On Track—See How You Stack UpSeptember 4, 2023 - 2:28 pm
Many younger Americans currently aren’t on track to retire at the current full retirement age of 67, let alone at 60. Wondering how you stack up? Here’s how financial pros say you can calculate whether or not you’ll be able to retire when — and how — you want.
IRS Warns Of This Dangerous Scam That You May Fall Victim ToAugust 28, 2023 - 6:28 pm
There are plenty of accounts pretending to be the IRS and sending direct messages to people. As a result, the IRS is telling people not to engage with social media accounts pretending to be the organization.
Personal Loan Interest Rates Surge For 3- And 5-Year LoansAugust 21, 2023 - 8:39 pm
Whether a personal loan is right for you often depends on multiple factors, including what rate you can qualify for. It’s always a good idea to comparison shop. By comparing multiple lenders and their rates could help ensure you get the best possible personal loan for your needs.
Help Your Kids With Finances Without Jeopardizing Your OwnAugust 14, 2023 - 10:29 pm
For an increasing number of parents, supporting their adult children means providing financial assistance, even if it means they are putting their own financial security at risk. Financial experts say that such sacrifices are dangerous for both parents and children. If the parents run out of resources in retirement, they may end up putting an even greater financial burden on their children.
Should You Tap Home Equity To Pay Your Bills?August 7, 2023 - 9:08 pm
Some people may be tempted to use the equity they have built in their home to eliminate the outstanding debt. But is that a good idea? Before making such a move, it is important to understand the pros and cons of using home equity.
15 Years Of Low Interest Rates Reshaped The U.S. Economy. Here’s What’s Changing As Rates Stay Higher For LongerJuly 31, 2023 - 6:39 pm
The Federal Reserve is in the midst of its fastest interest rate hiking cycle in the modern era, setting up the U.S. economy for conditions not seen in generations.