Planning a road trip can be a fun experience, but also stressful. Driving across country is a lot different than flying, you’re in control of where you go and where you stop along the way. So here 8 helpful tips for your stress free road trip.
The six month tax return extension is fast approaching the October 15th deadline. If you filed an extension, you can file anytime before October 15th and fully or partially pay your tax bill anytime.
After years of saving for college in your 529 plan, the day has finally arrived that you need some of that money to start school. You have control of how much money you withdraw from your 529 account and what to spend it on. However, before you feel flush in cash, it’s important to know what is covered as a “qualified” expense.
As of January 2018, parents can now use their 529 plans to pay for private K-12 tuition. Originally designed for college, 529 plans allow tax-free earnings growth and tax-free withdrawals when the funds are used to pay for expenses that meet the requirements. That now includes private school tuition.
When approaching college financial aid for the first time, it can be difficult to navigate. Many parents wonder if their home equity is a factor in the FAFSA (Free Application for Federal Student Aid) and whether it impacts their student’s aid. For the majority of colleges that require the FAFSA, the value of your home and your mortgage payment will not affect your student’s financial aid.
AARP just came out with their annual 99 Great Ways to Save Money. Here are Wealth Legacy Institute’s Top 20 from the article.
Many couples have separate bank accounts, with a shared or communal account to pay household needs and expenses. Both may contribute equally to the account, but still maintain individual checking and saving accounts. With a second marriage or both working outside the home, an arrangement like this is common. But when it comes to retirement, how does having separate accounts affect your retirement?