Don’t Rush Your Retirement Plan Rollover

When you change employers, you typically have several options for your retirement savings: Leave the money where it is, roll it into an individual retirement account, move it into a new employer’s plan or cash it out. Each choice affects your taxes, access to funds and long-term growth in different ways. Most people simply roll […]

529 Plans: Know the Basics

There are two kinds of 529 plans: prepaid tuition plans and savings plans. Prepaid tuition plans (available in only nine states) allow you to pay current tuition rates for future attendance at designated colleges and universities; they are a way to lock in a lower cost for college attendance. The savings plans allow you to […]