Parents now face a new fork in the road when investing for children: a freshly created "Trump account" that can come with federal seed money, or the familiar 529 plan that has long dominated college ...
Explore the new Trump accounts designed for children's savings, comparing their benefits against IRAs and 529 plans to ...
Listen and subscribe to Decoding Retirement on Apple Podcasts, Spotify, or wherever you find your favorite podcasts. The cost of college has more than doubled in the past 20 years, and as a result, ...
Deciding what gift to give a child for holidays, birthdays, graduations and other gift-giving occasions can be challenging.
Financial advisors get these 529 plan questions from clients planning for college costs, from ownership transfers to Roth ...
As an accountant and business advisor I sometimes get questions about the pros and cons of 529 Plan contributions. I’ve seen firsthand with my own children how small and consistent choices we make ...
Trump accounts are a new type of tax-deferred investment vehicle for U.S. children, created under President Trump's "big, beautiful bill" tax and spending bill, which promises $1,000 seed ...
Trump accounts offer a new tax-preferred way for families to save money for their kids. Here are the pros and cons.
There’s an old proverb that says if you give a man a fish, you can feed him for a day. But if you teach a man to fish, you feed him for a lifetime. The same can be said for teaching your child to ...