Like a traditional 401(k) plan, a profit-sharing 401(k) plan is an employee benefit that can provide a vehicle for tax-deferred retirement savings. But the biggest difference between an employer-sponsored 401(k) and a profit-sharing 401(k) plan […]
Using a surrogate, also known as a gestational carrier, involves an arrangement in which a woman carries and gives birth to a child for another couple or individual. Surrogacy can allow would-be parents an opportunity […]
Inflation. The high cost of gas. Ever-more expensive trips to the grocery store. If you’re feeling a pinch in your wallet, you’re not alone. It’s harder than ever to afford daily expenses and to save […]
Not all wills are alike; there are actually four main kinds and one of them is right for you. Sure, writing a will can be an easy task to put off until “someday.” But what […]
The past two years have certainly brought hardship to many people. The financial hardships many people have faced due to the pandemic may be difficult to overcome without assistance in some form. Some people may […]
Taxes can be a nuisance—and many people would prefer to pay as little tax as possible. While it’s not likely you can entirely avoid paying taxes, there are ways to use the tax code to […]
Investing can feel like a steep learning curve. In addition to having a clear grasp of types of investment vehicles available and understanding the role investments play in overall financial strategy, it’s a good idea […]
Taxes on investment income can be confusing, especially since there are several ways investment income is taxed. An investor may be familiar with capital gains taxes—the taxes imposed when one sells an asset that has […]
A ring can be a significant investment. And often it’s only the beginning of wedding expenses, as you consider a future as a couple. That’s why it can be a good idea to consider […]
While college is a good option for many people, it isn’t for everyone — and not going to a four year college doesn’t mean you can’t have a meaningful career. More people than […]
As prices for used and new cars skyrocket, you may be wondering how to get the most value from your current vehicle. One option you might consider is refinancing. Refinancing can lower your monthly payment, […]
Couples who are finding it hard to get pregnant can often feel isolated while they’re going through this difficult experience. But struggling with fertility is actually quite common. Between 10$ and 15% of couples trying […]
When you’re considering colleges, admissions rates can seem like your biggest hurdle. But as acceptances roll in and you begin to look at tuition rates, you may see a huge difference in rates for in-state […]
College student loan reform was a huge platform for Joe Biden’s campaign. But once Biden became president, the question became: How will the new administration tackle student loan debt? Although there has always been a loud […]
For people waiting to know President Joe Biden’s plans for student debt, his first speech before a joint session of Congress was a letdown. While he talked about free community college for two years, increasing […]
What do a doctor, a lawyer, and a dentist have in common? It sounds like the setup to a joke, but the punchline is anything but funny. All of these professions may come with a […]
In January 2021, Wells Fargo announced that the company was exiting the student loan business and selling and transitioning current loans to a new servicer, Firstmark Services, a division of Nelnet. Wells Fargo stopped taking […]
A W-2 is a form filed by an employer that shows compensation paid and amounts withheld from an employee’s paycheck. Compensation includes wages, tips, and other forms of compensation. Withholding can include taxes and other […]
President Joe Biden ran his campaign on a platform that included strong student loan reform promises. After he was officially sworn in as the 46th President of the United States on Jan. 20, he signed an executive […]
Investing with friends might seem like an intriguing concept. Instead of being the sole decision-maker, you can share financial and knowledge-based resources to come up with a compelling investment strategy that serves your collective goals. Investing with […]
Please note: This article provides general background information only and is not intended to serve as tax advice or as a substitute for legal counsel. You should consult your tax advisor or attorney if you […]
Often, the word sell-off is used in conjunction with market volatility, but you may wonder what, exactly it means, especially when it comes to your money. A market sell-off occurs when a large pool of […]
Can the president unilaterally cancel student debt? Such sweeping federal student loan reform has not yet happened via an executive order.
If you’re looking for a once-in-a-lifetime vacation that gives you amazing memories, plenty of Instagram-worthy moments and the ability to DIY a trip based on your interests, a visit to a national park ticks all […]
If there’s a universal truth to childcare, it is that kids are expensive. Whether you choose a nanny, daycare or are just looking for a babysitter for an occasional night or afternoon off, costs add up quickly. […]