Estate planning is vital no matter how many parental figures there are in a family. But its importance heightens when a child fully depends on one parent.
There are several updates in the SECURE Act 2.0 that are going into effect in 2024. Some are related to emergency withdrawals from a tax-advantaged retirement account, such as a 401(k) or individual retirement account (IRA).
Every year, the College Board releases new college cost data and trends in its annual report. The figures published are average cost figures based on a survey of approximately 4,000 colleges across the country.