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Understanding Trump Accounts
A Trump Account is a tax-advantaged investment account designed to help a child build long-term savings. It works like a traditional IRA for a child, and special rules apply while the child is under age 18. These accounts were created under IRC §530A. This article is meant to help readers understand how Trump Accounts work and…
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Saving Outside of Retirement Accounts
Experts suggest that you need 70–80% of your pre-retirement income level to live...
Mentally Preparing for Retirement
When you are a young adult, retirement seems like such a distant stage of life that it’s...
Understanding Probate
Probate is the legal process established to properly transfer ownership of your estate...
What Powers Are You Actually Giving Your Power of Attorney?
A power of attorney, or POA, is a legal document that appoints one individual (the...
Veterans Affairs Life Insurance
Veterans Affairs Life Insurance, also known as VALife, is whole life insurance provided...
Four Benefits of Estate Planning
People associate different images and ideas with the word “estate.” It often...