Some parents and grandparents have that possibility in mind.  Provided by Marc Aarons  Individual Retirement Arrangements (IRAs) are for retirement saving, right? Absolutely. Is that their only purpose? Not necessarily. Imagine using an IRA not only to save, but to facilitate a home purchase. This would obviously be a tall order for an adult, given […]

A look at the different choices & strategies. Provided by Marc Aarons  If you have a child with special needs, a trust may be a financial priority. There are many crucial goods and services that Medicaid and Supplemental Security Income might not pay for, and a special needs trust may be used to address those […]

Learn about how legislative changes can help you finance your loved one’s education.  Provided by Marc Aarons  As a parent or grandparent, you know firsthand the challenges of funding a child’s education. The Free Application for Federal Student Aid (FAFSA) Act was passed at the end of 2020 and has changed some of the qualifications […]

Several women-dominated industries were hit hardest by the pandemic.  Provided by Marc Aarons  Since the 1980s, unemployment rates have trended higher amongst men than women during a recession. In previous periods of economic downturn, this made sense. Male-dominated industries, like construction and finance, were typically some of the most impacted by a recession.1 But with […]

Explore the different ways you can help finance the costs of higher education. Provided by Marc Aarons How can you help cover your child’s future college costs? Saving early (and often) may be key for most families. Here are some college savings vehicles to consider. 529 college savings plans. Offered by states and some educational […]