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College and Adult Planning – UGMA/UTMA

What if you could teach your kids about investing with a real-life, real-time investment instrument? That’s what Uniform Gift to Minors Act (UGMA) and Uniform Transfer to Minors Act (UTMA) accounts are. As you can imagine, we love to educate our kids about money. So, for that reason, we find UGMA and UTMA accounts fascinating. […]

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College Planning – 529s

If you are planning on sending your children to college, you have probably heard of 529 plans. Named for Section 529 of the Federal Tax Code, a 529 plan is a college savings account that’s exempt from federal taxes. They have become wildly popular. While they can only be used to fund higher education, there […]

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College and Adult Planning – Uncommon Banking for Kids

We are producing several articles right now that have to do with helping you and your kids save for their potential college education or for wherever life takes them after high school. One of the unique ways we have to do this is through a tool we refer to as Uncommon Banking. If you follow […]

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College and Adult Planning – the 1000 Foot View

You are thinking about having kids in a few years. Is it too late to start planning for their college education? That’s actually not an extreme exaggeration of the anxiety we hear from young families when it comes to saving for their children’s future. And it’s not just about higher education. We like to think […]

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Retirement Income – The Buckets of Money Strategy

“Buckets of money” has a nice ring to it, doesn’t it? It may sound like wishing to win the lottery, but it is a serious strategy for managing your retirement income. With this strategy, you segment your retirement investment money designed for lifetime income into buckets of time, let’s say 5-year increments. So, instead of […]

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Retirement Income: Dividends & Interest

When it comes to retirement income, most people like to imagine having so much money that they can just live on dividends and interest. The reality is that most people will never have enough money to simply live off dividends and interest in retirement. Several factors make dividends and interest income in retirement a challenge: […]

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A Simple Guide to Systematic Withdrawal Plans

Traditionally, there are four pillars to retirement planning: Interest, Dividends, Capital Gains, and Principal. In this series of retirement income articles, we want to explore the best way to balance these pillars. In this article, we’re going to take a closer look at how systematic withdrawal plans (SWPs) work and some pros and cons to […]

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Retirement Income: Flooring and Income Guarantees

There are many ways to structure retirement income. Some come with more risk and uncertainty than others. So, what if you are very risk-averse? What are your options for retirement income? One strategy that is popular (especially with the broker collecting the fees) is flooring and income guarantees. But understand, it can be an expensive […]

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