More advisors suggest using both prepaid tuition and traditional college savings plans.
The risk can be especially damaging for individuals forced to retire during a bad market.
It won’t be a banner year for U.S. equities, but it won’t be a total bust.
Millennials with student loans could end up with more than a quarter-million less in retirement savings than they would have had, Limra says.
Advisors are also starting to use gift cards and online registries to give 529-plan gifts to clients and potential clients.
An M.D./CFP steers clients and advisors through the intersection of wealth and health.
Tweaking 401(k) strategies can improve retirement outcomes and protect plan sponsors.
Taking a distribution to pay student loans will cost them in taxes and penalties, says a financial aid expert.
Alaska and Maryland were among the state 529 plans that won gold medals from the financial research company.