“What is your best idea right now?” This is a real question that somebody asked me when I was a couple of drinks in at a party. It threw me off guard. Capital markets were not at the forefront of my mind at the time. I was thinking more about if I should have a…
Category: Food for Thought
529 plans are saving accounts for children’s education that offer tax benefits. The growth of investments in the 529 plan is withdrawn tax-free for approved education/college expenses. The plan can be used for any accredited college or university. Under the new tax law, there have been multiple changes to 529 college savings plans. A potential…