As the federal budget deficit rises, it is likely that investors will see taxes move higher in the future.
Families with college-bound students focus more intently on the future when their child enters the last two years of high school.
Even for students just settling in to high school, it is not too early to start planning for college.
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.