There are a number of reasons why someone might want to change 529 plans. Perhaps your plan has been under-performing, or you maybe you moved and your new state offers a tax deduction for contributions. In the rare event that a state closes a plan, such as Tennessee's prepaid tuition program, account owners have the option to rollover their account value into a 529 college savings plan without penalty.
But before you make any changes to your plan, ask yourself these five
Are you about to buy life insurance? Shop carefully. Make your choice with insight from an insurance professional, as it may help you avoid some of these all-too-common missteps.
Buying the first policy you see. Anyone interested in life insurance should take the time to compare a few plans – not only their rates, but also their coverage terms. Supply each insurer you are considering with a quote containing the exact same information about...Read more
A recent Harris poll revealed that 64% of all American adults have not put an estate plan in place,1 even though having a comprehensive plan is critical to protecting you and your family’s future by minimizing taxes and expenses and maximizing what you’re able to leave behind.Read more