Tagged: 529 plan

Money Moves to Make in Your 20s, 30s, and 40s

Reaching your twenties is an exciting milestone for most as it means you’ve officially entered adulthood. Along with that milestone comes new responsibilities and worries that we didn’t picture when our teenage selves dreamed of turning 21. We imagined our…

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Options for Saving for College – No Matter How Old Your Kids Are

The post Options for Saving for College – No Matter How Old Your Kids Are appeared first on Penny Pinchin' Mom.

It seems as soon as our children are born, we’re planning for their future. Without being able to see eighteen years ahead, how can we know for sure what we’re up against and save accordingly? In this series, we’re going to break down saving for college one phase of life at a time. THE SMART … Read More about Options for Saving for College – No Matter How Old Your Kids Are

The post Options for Saving for College – No Matter How Old Your Kids Are appeared first on Penny Pinchin' Mom.

Why You Need to Open a UGMA/UTMA Account for Your Kids

Saving and investing for college expenses may seem overwhelming, but setting aside even small amounts can give your child a head start. While many people are aware of tax-efficient investing accounts like 529 plans, you may not know about UGMA/UTMA accounts – another way to save for educational and other expenses.

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The post Why You Need to Open a UGMA/UTMA Account for Your Kids appeared first on MintLife Blog.

How to Save for Retirement in Your 20s, 30s, 40s, 50s and 60s

You don’t want to work the rest of your life. Here’s how to save in your 20s, 30s, 40s and 50s, even if retirement seems light years away.

This was originally published on The Penny Hoarder, which helps millions of readers worldwide earn and save money by sharing unique job opportunities, personal stories, freebies and more. The Inc. 5000 ranked The Penny Hoarder as the fastest-growing private media company in the U.S. in 2017.