Section 529 plans are popular education savings vehicles. To choose the type of 529 plan that\’s right for you, it\’s important to understand how 529 savings plans and 529 prepaid tuition plans work and the differences between them. Who can offer each type of plan? At one time, only states could offer 529 savings plans […]
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Small business owners are different from the average hourly employee in a lot of ways. One often-overlooked difference is how they plan for retirement. Although small business owners may offer a classic 401(k) for their workers along with other benefits such as insurance and other perks, such a plan may not be the right option
5 Types of Retirement Plans for Small Business Owners Read More »
The managers of well-run businesses usually name \”backups\” to keep things going smoothly — just in case. That\’s also a smart plan for your personal finances, where you risk experiencing financial losses or other difficulties if you can\’t make your own decisions because of a long illness or other unexpected problem. You might prepare for
Adding a Personal Backup With a Living Trust Read More »
