Category Archives: Investing

College Savings Plans: The Magic Number is 529

For a standout option for college savings, look no further than 529 plans. 529 plans are investment accounts with tax-deferred earnings and tax-free withdrawals, as long as they are used for qualified education expenses. 529 plans, also known as “qualified tuition plans,” are sponsored by states, available directly from plans or through advisors, and take […]

Apples to Apples? Mutual Funds vs. ETFs

Let’s start with the basics. What is a mutual fund and how does it work? A mutual fund is a pool of money received from investors that is managed by an investment company. Mutual funds issue and redeem shares at their net asset value (NAV), the price at which you can buy or sell a […]