Tax-saving strategies for your kids, whether they go to college or not
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Every time Washington clamps down on the complicated kiddie tax rules, parents have to figure out different ways to encourage their kids to save.
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A brief, eye-opening exercise to take the guesswork out of saving for the future.
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Investor's Business Daily - Over the past decade, 529 college savings plans have grown popular. Some investors' accounts have grown large.
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Q My wife and I owe $45,000 on two loans for our son's college education. The interest is 5 percent on a loan of about $33,750 and 8 percent on a loan of about $11,250. We're thinking of paying them off with a home equity loan or line of credit, which would give us a tax deduction on interest payments. ...
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Which parental fibs are still stunting your financial growth?
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Four in 10 parents dip into their savings in order to give their children a head start in adult life, a survey suggests.
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Calculate your gains correctly, and you can save hundreds.
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New laws could increase your family's tax bill.
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There are things you can do now to reduce your impending tax bill.
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How you allocate and spend down your nest egg will have a significant impact on your golden years.
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Richard Gibbons offers a simple strategy to ensure that your child can go to college.
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With $41 trillion in private wealth set to be transferred in the United States in the coming decades, families are wondering how to prepare their children.
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Four starting-out savings tips to get you out of mom and dad's house sooner.
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Strategies to limit tax bills for Americans living overseas.
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The looming political battle over how to reform the tangled U.S. income tax code could get ugly. But one option, a tax aimed at boosting savings, holds promise.
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Your child, who is in high school, says she doesnât want to go to college. What can you do to change her mind, or should you even try?
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We all want financial security for our children. Here's a novel solution that yields dividends and peace of mind.