If you’re just getting started or have decided it’s time to start building up your short or longer-term savings, you may be wondering if a traditional savings account, a high-yield savings account, or a Certificate of Deposit (CD) is the right solution for you. Let’s take a closer look at three popular, non-retirement savings options.
Marrying someone with children means that your finances will become a lot more complicated as you take into account the needs of your spouse and any children who join your household.
First Bank is planning a new, state-of-the-art headquarters to be unveiled in the first quarter of 2024, on the same site as its current main office. The build is part of a wider transformation expected to modernize the business, from the inside out.
Each generation brings different thoughts and skillsets to the proverbial table and, unfortunately, these don’t always align. Nearly every family has its fair share of issues that has caused rifts and ripples between family members. In some cases, these disputes can go on for months, or even years, over perceived hurts.
Parents often think of the college tuition price tag as being their primary responsibility. However, depending on each family’s unique situation, who is paying for college and how much is paid out-of-pocket, can vary widely.
529 savings plans are tax-advantaged education savings vehicles and one of the most popular ways to save for college today. They can also be used to save for K-12 tuition. Much like the way 401(k) plans changed the world of retirement savings a few decades ago, 529 savings plans have changed the world of education savings.
529 savings plans are more popular than 529 prepaid tuition plans because they are broader in scope and more flexible. Most every state offers at least one 529 savings plan, but only a handful of states offer a prepaid tuition plan.