Why most 529 college savings plans lose money to taxes and fees
A new study found that opting for an in-state plan isn't always the best choice.
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A new study found that opting for an in-state plan isn't always the best choice.
American workers could accumulate wealth in the thousands (in some cases, hundreds of thousands) of dollars through a Social Security reform that includes personal retirement accounts. This increased wealth would be in addition to a maintenance level of Social Security benefits and could help millions of parents, their children, and their grandchildren to attain greater economic security and independence through their own personalized retirement assets.
Even broaching the subject improves a client's ability to plan more realistically for longevity risk, research shows.
A section of the new $1.7 trillion spending bill from Congress has been billed as a dramatic step toward shoring up retirement accounts of millions of workers.
By FATIMA HUSSEIN Associated Press