Archive for May, 2009
529 Plans New Rules for 2009 and 2010
Posted by: | CommentsIf you have money in a 529 plan to save for college, good for you. 529 plans represent one of the best vehicles for educational savings, and with the cost of tuition skyrocketing faster than anyone can keep up with, they also represent the middle class’ only hope of paying for even 1/2 of a college education in the future. When 529 plans were created, lawmakers attempted to correct some of... Read more→
Sell Banks Stocks or Buy Bank Stocks
Posted by: | CommentsOk, here it comes. After the government released the results of its stress tests, banks are scrambling to come up with ways to raise huge amounts. It seems that the government money that was a much vaunted and absolutely necessary lifeline to banks has become tainted now that it comes with, horror of horror, strings on how the money can be spent. As if the banks ever handed out a huge loan... Read more→
