Most all retirees, as well as many still working and saving, utilize bonds in their portfolios. As a bondholder, you act as a lendor - the company or government not only promises to return your money, but to also pay you a stated rate of interest for the trouble. If you hold bonds (or "fixed… Continue reading Bond Interest & Taxes
Saving for college and higher education is something most every family has to think carefully about. The cost of college has skyrocketed over the last decade, leaving most young families planning for their children's education before they're even born. There are several account types (usually called "vehicles") that you may want to look into if… Continue reading 529 Plans vs ESA: Questions To Consider
Few things drum up worry in the minds of Americans quite like a tax audit. Those two words are all it takes for law abiding citizens to start looking over their shoulders like they’re in an episode of The Sopranos. The truth is, less than 1% of returns are audited in any given year. With… Continue reading 5 Red Flags That Can Raise Tax Audit Risk
Planning for retirement, and even living in retirement, can leave you asking a lot of questions. The two most important questions you can ask are: Where is my retirement income going to come from? What will my retirement income go to? The sources and uses of our assets are the same questions everyone asks themselves… Continue reading Retirement Income: A Primer
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