After you both say, “I do,” should your financial lives connect, too? You face many issues when you get married — how many children, where to live, where to vacation — with finances often commanding secondary importance (i.e., “yes, we’ll live in city x, but only because the cost of living is affordable.”). But as
Healthcare is expensive. no kidding, right. and no matter whether yours is bronze, silver, gold, or even platinum, healthcare plans are expensive, not to mention out- of pocket medical expenses, such as copays, deductibles, and costs that are simply not reimbursed. There’s a way to potentially save money on your total annual healthcare costs. Health
April is Financial Literacy Month, a time to raise awareness about the need for financial education. April 2021 marks the 19th annual Financial Literacy Month, a nationwide effort to raise awareness about the importance of financial literacy and the need for substantive financial education. Historical Background The holiday got its start in 2000 as Youth
Tips for organizing your estate to preserve your assets for your designated beneficiaries. Estate planning is not an exercise relegated to the wealthy alone. Indeed, anyone who wants to plan for the distribution of their assets or exercise of your responsibilities after you die or become incapacitated should pursue estate planning. And for those who
While federal student loans payments are on hold, take time to put a strategy in place to pay off this debt faster. When the CARES Act was passed earlier in 2020 to provide financial relief individuals and families through the COVID-19 pandemic, it included a hold on federal student loan payments and on interest charges
A 401(k) account is one of the most valuable tools for saving and planning for retirement. Many plans offer features that can help you set aside more of the money you earn for retirement and grow wealth for your financial future. If you’re able to save the maximum amount available, you should. Here are a
For National College Savings Month in September, we discuss several burning issues about these popular college savings vehicles. Assets in 529 college savings plans more than doubled in ten years, topping $370 billion at the end of 2019 according to the Federal Reserve. Interest in 529 plans has grown as students and parents fret over
August 14 is Financial Awareness Day. It’s a good time to brush up on the principles of financial planning— budgeting, managing debt, saving and investing. Being financially literate means you have the wherewithal to make financial decisions with confidence. There are many resources—web sites, magazines, books and more—that dispense financial knowledge for your learning pleasure.