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1
No K-12 Tax Break for Using Illinois’ Brightstart
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Financial resolutions for 30 and 40 somethings
3
Why Choose Fiduciaries?
4
Six Mistakes People Make When Hiring a Financial Advisor
5
Tips To Help You Choose The Right Home Safe

No K-12 Tax Break for Using Illinois’ Brightstart

One of the provisions in the Tax Cuts and Jobs Act of 2017 (TCJA) included the ability for an owner of a 529 education savings plan (such as Illinois’ Brightstart) to use the funds for K-12 private schooling just the same as for post high school expenses. This means that, at least at the federal level, owners of these plans will not pay tax on the growth of these funds if used for any private K-12 schooling. Previously this option was only available with a Coverdell savings plan, but TCJA extends this treatment to 529 plans.

In Illinois however, the …

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Financial resolutions for 30 and 40 somethings

I’ll control the amount of money I spend on a house. What lenders will loan you is not necessarily what you should spend. Your housing decision drives the costs of many other things in your budget: upkeep, insurance, repair costs, and maybe status decisions such as where you send your kids to school and what car(s) you drive. Once you commit, it’s a fixed cost that isn’t easy to reduce. Keep your housing cost (mortgage+interest+taxes+homeowner’s insurance) to 28% or less of your gross and you’ll reduce stress and free up money for savings.

I’ll increase my retirement savings with every

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Why Choose Fiduciaries?

A 30-second read by the Baron Team:  Registered Investment Advisers (RIAs) are fiduciaries. We are legally bound to put our clients’ interests above our own.  As a fiduciary, we are required to act with undivided loyalty to the client, which includes disclosure of compensation. Not all advisors have the same legal responsibilities as a fiduciary, … Continue reading Why Choose Fiduciaries? Read More

Six Mistakes People Make When Hiring a Financial Advisor

by Eve Kaplan, Certified Financial Planner (TM)

There are 6 common mistakes people make when engaging a financial advisor — and all of them are avoidable! Before we go through this list, let’s put the issue of paying for financial advice into context.

Health and money are two areas of life where everyone benefits from professional input and support but people handle the wisdom of professional medical care differently from the wisdom of financial care. Do you see your physicians and dentists on a regular basis, refill prescriptions and accept hospital care for serious illness? Do you consider performing surgery …

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Tips To Help You Choose The Right Home Safe

With the many varieties of safe locks, it can be a daunting task to choose from the options available. More to this, given that you are seeking to protect your cash and important documents, there is need to find the best. In some way, this makes the selection process a little bit hard. This article will bring to light some of the aspects to look out for when purchasing a safe lock from https://www.kluis-kopen.nl/. Read on for more information.

Safes fire rating

safe 23

This is one of the factors to consider when buying a safe. Ideally, a safe fire rating …

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