If you have a little one starting Kindergarten, I’m sure you have lots of excitement and possibly some anxiety in your home. This is a time of firsts- first time to ride a bus, eat in a cafeteria, or spend an entire day away from home. We’ve put together a few tips for parents who may have more anxiety than their child!
There are several tax advantages in using a SMART529 account for higher education. Among them are tax free distributions for qualified expenses. As your student prepares to enter college, be sure to track their expenses for tax purposes.
The time value of money may be thought of as the financial application of the old cliché “a bird in the hand is worth two in the bush”.
There is “No Purchase Necessary” and no fee to search for unclaimed property that may be held in your name with the West Virginia State Treasurer’s Office. Keep reading to see how you can get in on some of this cold hard cash!
If you think of Ancient Greece, you might think of the Disney movie Hercules or you might make jokes about Hades, or you may even think of Zeus with his powerful lightning bolts and Poseidon with his handy-dandy trident. But you most likely won’t think of the realistic aspects of everyday life and the people that lived there, much less the options market.
If you want to help your children avoid the same financial pitfalls you may have fallen into start teaching them good money habits now.
Nearly one-third of workers have almost no retirement savings or investments (< $1,000), and a staggering 57% are underprepared with less than $25,000 for retirement.
WV Retirement Plus has 24 different options that participants can choose from. These options are divided into investment categories and asset classes. We’d like to give a brief description of each of these to better help you understand how your contributions are invested.
What is unclaimed property? Who has it? Where can you find it?
While your budget is still adjusted for that cost, why not take part or all of that “extra” money and invest it in your child’s future by opening a SMART529 College Savings account.