These accounts offer federal tax-free earnings and withdrawals on qualified expenses such as tuition, books, computers, and room & board. While 529 Plans are used exclusively for college
Read MoreCompound interest helps you build wealth faster. Interest is paid on previously earned interest as well as on the original deposit or invest- ment. For example, $5,000 deposited in a bank at 6 percent interest for a year earns $308 if the interest is compounded monthly. In just 5 years, the $5,000 will grow to $6,744.
Read MoreThe stock market may appear daunting at times, but it is a system that has proven to be effective and accessible for all types of investors. Think of it like an auction. Buyers and sellers are matched by the auctioneer to arrive at transactions
Read MoreSetting aside funds for higher education can create a brighter future for you or a loved one. Vehicles like the 529 College Savings Plan offer tax deferred or even tax-free growth so you can maximize your potential savings.
Read More