When it's fine to save in your child's name for their college education
Student assets are heavily counted in need-based college aid eligibility at 20-25%, while parents’ assets are only treated at 5.64 – 5%, which is why people opt not to save under their child’s name. But there are exemptions to this.
Sep 02, 2015 02:46 AM EDT
The Obamacare Surprise: Few people availed of early retirement
University of Michigan retirement analyst Helen Levy and colleagues Thomas Buchmeuller and Sayeh Nikpay found that there is no evidence of increase in retirement among people from ages 55 to 64 in 2014 than in 2013.
Sep 02, 2015 12:07 AM EDT
A lifestyle tax for couch potato retirees? Get up and read this standing up
A tax bull on retirees who live in a sedentary lifestyle and this may be just a joke from a finance professional, but baby boomers and other seniors should wake up and avoid that couch-potato lifestyle to not ruin their lives.
Sep 01, 2015 11:19 PM EDT
Three Steps to Take at the End of your Student Loan Grace Period
Students need to make full use of their grace period for proper debt planning to make sure they will be ready when the payment time comes.
Sep 03, 2015 02:00 AM EDT
Two Harvard graduates make it easier to choose the right health plan thru data analysis
Harvard graduates Grace Gee, 21, and Eugene Wang, 25, uses their HoneyInsured to solve the difficult process of choosing the right health insurance plan online.
Aug 31, 2015 09:50 AM EDT
You too can drop everything and travel the world for $40,000
Meet Mark and Britnee Johnston, the couple who saved money, quit their jobs and traveled around the world for one year.
Aug 31, 2015 02:41 AM EDT
When Is the Right Time to Transfer Balances to a New Credit Card?
More and more people are enjoying purchases using their credit cards and not all aware of the consequences especially if they skipped payment. Likewise when they turn to a new credit card issuer and transfer their balance.
Aug 28, 2015 08:04 AM EDT
Social Security: What and When to Collect; What's the Max Strategy if Single, Never Married with No Kids
Social Security guru suggests collecting the benefits by the age of 70 for single, never married, childless people.
Aug 28, 2015 02:07 AM EDT
College pricing and student loan systems shackle students from achieving their life dreams
College pricing and student loan system cripple 43 million Americans who collectively owe $1.3 trillion. It affects their credit score, their major life decisions, and it hinders them from achieving their life dreams.
Aug 28, 2015 02:02 AM EDT
Get help from a trusted executor during estate planning
An executor handles the proceedings involved in the estate of a diseased person, until the assets are given to the rightful beneficiaries.
Aug 27, 2015 05:12 AM EDT