Financial Planning Week: October 2nd – October 8th
Every year, Financial Planning Week is celebrated to raise awareness about the importance of financial planning, practical financial plans, and working with certified financial planners among American consumers....
Are Investing and Saving the same?
Money can seem complicated especially when people use terms you don’t understand. Your financial success is important. Recent research shows that over one in three Americans (36 percent) lack financial literacy....
Revamped FAFSA Streamlining College Aid in 2024-25
Big changes are coming to the FAFSA application, for the 2024-25 cycle! In a significant development for prospective college students across the United States, an eagerly awaited, user-friendly version of the FAFSA (Free Application for Federal Student Aid) is set to debut later this year....
Why Women Have Less 401(k) Savings than Men on Average
In this article, we delve into the key reasons why, despite women having better saving habits (consistently enrolling in their plans at higher rates and contributing a bigger cut of their paychecks) , they tend to have less 401(k) savings on average....
What Can a College Savings Plan Be Used For?
In this article, we explore the versatility and potential of a 529 College Savings Plan, shedding light on the essential expenses it covers and ensuring that your loved ones have the necessary financial support to thrive during their college years....
How Do College Savings Accounts Work?
College savings accounts, like 529 Plans and Coverdell ESAs, let you save money for education with tax benefits. When used for qualified expenses such as tuition and books, withdrawals are tax-free. Choose the right account, watch your savings grow, and ensure a smoother path to...
American Business Women’s Day: September 22
American Business Women's Day is a special occasion dedicated to recognizing the accomplishments and contributions of women in the business world. ...
Exploring Alternative Ways to Save for College Beyond the 529 Plan
The recent Wharton study on 529 college savings plans revealed that a significant number of people have invested in suboptimal plans. ...