by Savvysite | Feb 23, 2018 | Retirement Planning, The Savvy Minute, Uncategorized
Today’s Financial Planning tip will cover “What is an IRA?” An IRA, is an Individual Retirement Account that is an investing vehicle used by individuals to save for retirement with tax free growth. What this means for you is that once the money is contributed in the...
by Savvysite | Feb 5, 2018 | SWWM, The Savvy Women Show
Catherine Magaña chats with Marcy Browe about Confidence. How to own it in front of the camera and how being Savvy with finances contributes to personal power and self confidence. Marcy specializes in Personal Brand Photography for Women. Stay connected with Marcy...
by Savvysite | Jan 25, 2018 | SWWM, The Savvy Minute
Today’s tip will cover “What are some of the benefits of 529 education saving accounts and the recent tax overhaul?” Many people will benefit from a change that allows assets in 529 plans to be used to pay for elementary and high school tuition. In addition, 529...
by Savvysite | Jan 16, 2018 | SWWM, The Savvy Minute
Today’s tip will cover “Why choose a 529 plan for college savings?” A 529 Plan is a college savings account that is exempt from federal taxes. These types of plans were introduced in 1996 to help taxpayers save for college expenses for a designated beneficiary. A few...
by Savvysite | Jan 3, 2018 | Estate Planning, SWWM, The Savvy Minute
Today’s tip will cover “What is an irrevocable life insurance trust? Also known as an ILIT! An ILIT is created by an individual (also known as the grantor) during his or her lifetime. The ILIT owns a life insurance policy on the grantor’s life via the transfer of...
