A 529 college savings plan is flexible and the account owner can make changes to investments and beneficiaries over time.
The Senate is considering a bill that represents the most comprehensive changes to retirement savings since the Pension Protection Act of 2006.
Most families do not want to think about losing a loved one. But creating a checklist for family members may help them navigate a difficult situation.
With tax deductions limited under tax reform, taxpayers in high-tax states may consider using incomplete non-grantor trusts to plan for state income taxes.
The focus in estate planning has shifted to income taxes, including strategies for the step-up cost basis, a planning consideration to manage capital gains.
While progress has been made on marriage equality, same-sex couples may continue to face obstacles to saving and other financial planning issues.