If you have kids that aspire to attend college, one of the financial tools available to them is a Section 529 Plan. Section 529 Plans are sponsored by state agencies, states or educational institutions. A Section 529 Plan is named after a section in the Internal Revenue Code, which was authorized to allow for taxContinue reading “Investing in a 529 Plan”
Category Archives: Investing
Rule of 72
While I was in college, a friend and fellow colleague of mine told me about an interview that he had with Merrill Lynch. One of the questions that he was asked about was whether he knew about the Rule of 72. He knew about the rule and was able to answer their question satisfactorily. BecauseContinue reading “Rule of 72”