Last week, the U.S. Senate passed a bill known as the “Economic Growth, Regulatory Relief, and Consumer Protection Act,” which aims to eliminate many regulations in the financial industry.
Jan 30, 2015|
The White House retreat this week on eliminating the tax exemption for withdrawals from 529 savings plans is good news for families putting away money for college as its elimination would have ended this great tax break used since 1996 to help families save for college.
Sep 05, 2013|
Individuals who care, or will care, for an aging relative must consider how long-term care duties can decrease both their earning potential in the workplace and their savings as they pay for an elderly relative’s necessities.
With many homes being “underwater” (the value of the home is lower than the mortgage amount), some homeowners have been successful in negotiating with banks to forgive a portion of their mortgage.