Did your child or grandchild have a job this summer? It’s great for them to have their own hard-earned cash, and it offers a way for you to help them save for the future, tax-free. It’s a retirement plan for teenagers. You can open a Roth IRA in the child’s name and contribute as much as the child makes during…
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Sacrifice retirement savings for college?
Should parents sacrifice retirement savings for college? As the parent of a high school senior, I understand the desire to pay for children to go to college. To help your child graduate debt-free with a degree is an admirable goal and a wonderful gift. But beware. There’s an important thing to keep in mind: students can borrow for school but retirees…
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How to Afford an Investment Adviser
The Garret Planning Network was mentioned as a good source for locating an affordable financial advisor in “How to afford an investment adviser without breaking the bank.“
About Restricted Stock Options
So many employers now offer RSUs as an incentive for employees to remain on the job, but so many employees don’t really understand them. A friend of Blue Spark Capital Advisors asked us recently, “Should I sell my vested options or wait until I leave the company or retire?” The big question that will help you answer that is this:…
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Is your will more than five years old?
Estate planning is one of the hardest parts of financial planning to focus on, largely because it spurs you to think about how the world will continue on after you die. It’s easy to find more pressing issues to tackle first, like removing your wisdom teeth. But as Whitney Houston’s family painfully discovered in recent years, letting your will get…
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