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7 Personal Financial Resolutions for 2022

It’s almost time to ring in the New Year – and many people are looking forward to putting 2021 in the rearview mirror. While New Year’s resolutions often focus on eating less and exercising more, you should also give some thought to your financial fitness. Here are seven ways to introduce more discipline and vigor into your

A New Chapter on College Financial Aid

Financially savvy parents of college students should generally take the time to complete the Free Application for Federal Student Aid (FAFSA) each year. Students must file their FAFSA for the 2022-2023 academic year between October 1, 2021, and June 30, 2023. This means there’s still time to file a FAFSA for the 2021-2022 school year. Important: The

The Pros and Cons of Revocable Living Trusts

An increased interest in estate planning has contributed to a rise in popularity of revocable living trusts. Perhaps you’ve heard of them but you’re fuzzy on the details. Here are the basics. You create a revocable living trust while you’re alive and you can cancel it at any time. Generally, you are both the trustee and

Helping Your Kids Achieve Future Financial Security

Young adults who start their careers weighed down by college debt have a tough time buying a home or initiating a retirement savings plan. That’s why, in 1996, Congress added Section 529 to the Internal Revenue Code, creating a new tax-advantaged college saving vehicle. More than two decades later, “529 plans” now collectively hold around

Home Office Deductions in the COVID-19 Era

Have you been working from home during the COVID-19 crisis? Join the club. Approximately 42% of the American workforce is currently working from home full-time, according to a recent study by the Standford Institute of Economic Policy Research. Only 26% are working on business premises-and many of those are essential workers, such as public servants