IRC 529 vs IRC 7702 – Saving for College

First of all, what is a 529? (It is the Tax code governing college savings plans) The 529 college savings plan is a state sponsored, tax-advantaged tool that is offered so families can save specifically for qualified higher education expenses for their children. Personally, I do not like to call them ‘savings’ plans due to […]

December 23, 2010 · Jennifer · 6 Comments
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How Important is Liquidity, Control and Protection of Your Money, TO YOU?

LIQUIDITY I have heard so many stories lately I have come to realize that liquidity of our money should be a high priority in our financial plan. There are multiple reasons why we should keep our money liquid but first; here are just three of the many real life scenarios to demonstrate my point. Scenario […]

September 18, 2010 · Jennifer · One Comment
Tags: , , , , , , , , , ,  · Posted in: Benefits of Permanent Insurance, Liquidity-CONTROL-Protection