Consider a 529 plan for a tax-smart way to save for college
A 529 plan may be part of a strategy to utilize tax-advantaged savings to meet the rising cost of college.
Putnam Wealth Management
Preserving and sustaining wealth for the future
Clients need help with complex financial planning matters such as efficient wealth transfer, tax and inflation risk, and sustainable income in retirement. Financial-planning experts Bill Cass and Chris Hennessey weigh in each week with a range of insights, tips, and legislative updates.
Proposals in Congress aim to aid retirement and college savers
While major legislation is unlikely to be passed during an election year, some smaller-scale bills to help savers could be advanced.
Most Americans are mindful of college costs, unaware of 529 plans
A 529 plan is one of several ways to save for college and benefits vary among investment vehicles.
Planning Idea
Tax-smart planning strategies for year-end
Consider strategies like gifting and required minimum distributions in year-end planning.
