This article is original content written by Manchester, CT Financial Advisor Thomas Scanlon, CFP®, CPA 1) College is Expensive Financing a college education today can be a big challenge. Having written some checks for college I find it handy to have a cold six pack close by. According to the College Board, the average tuition… Continue Reading: 5 Reasons to Fund a 529 College Savings Plan
This article is original content written by Manchester, CT Financial Advisor Thomas Scanlon, CFP®, CPA What does this mean? If you don’t put something in (deposit) you won’t get something out (return). Isn’t that the truth? This applies whether you want to learn to play the guitar, improve your culinary skills or learn how to… Continue Reading: No Deposit. No Return.
Affluent folks in Connecticut should consider doing a Roth Conversion. What is a Roth Conversion? This is when a distribution is made from an IRA, taxed and then converted into a Roth IRA. Here are Five Reasons the Affluent Should Do a Roth Conversion. 1) Reduce Your Taxable Estate When you do a… Continue Reading: 3 Reasons Affluent Connecticut Residents Should Consider a Roth Conversion
I took a statistics class back in college. Like many of my other subjects I didn’t do that well in it. I did, however, gain a deeper understanding of what average meant and still continue to aspire to get up there someday. The United States Government produces no shortage of statistics. The amount of data… Continue Reading: Lies, Damned Lies, and Statistics
Tom was quoted in U.S. News & World Report on 3 College Savings Trends to Consider in 2015. Tom read the full article click here. The information contained in this report does not purport to be a complete description of the securities, markets or developments referred to in this material. The information has… Continue Reading: Tom Was Quoted in U.S. News & World Report on College Savings Trends
My daughter is a sophomore at the University of New Hampshire. Here are 3 ways she contributes to her college education. 1) Stafford Loans She has taken out Stafford Loans. She was able to borrow $5,500 her freshmen year and $6,500 her sophomore year. She will be able to borrow $7,500… Continue Reading: 3 Ways My Daughter Financially Contributes to her College Education