As the end of school approaches, many parents and grandparents consider college expenses for their children. What once was an easy and low-tax way to give money to younger children will soon cost a good deal more. Ashley Ebeling for Forbes explores the changes in the so called “Kiddie Tax” in her article, The Kiddie Tax Grows Up: Beware The IRA Trap
Tag: college expenses
Money Managers In Your Best Interest
Are you in the market for a financial planner? Turns out that there are numerous kinds to choose from and even with current laws stating that they must do what is in your best interest, that’s not always what happens. Before you sign on the line, read this detailed article from the New York Times. Before You Pay for Financial Advice, Read This Guide. It offers links to further information and even a fiduciary pledge.