Forbes contributors publish independent expert analyses and insights. I am a financial planner and subject matter expert in college savings. My 15-year old son told me he knew how to drive. “It’s not ...

Parents have many challenges when it comes to raising their children. One of the most important is also one of the most overlooked: financial literacy. What does it take for a parent to teach a child ...

If you open a new Roth IRA account, you must wait five years from the beginning of the first taxable year you contributed to withdraw without a 10% penalty. That means even if you open a new account ...

It happens more than you think, given the spiraling costs of college: People who save money for a child’s education expenses in tax-favored 529 plans wind up with leftover dollars in them. Perhaps the ...

The best reason to add a Roth IRA to your retirement plan this year is the savings on taxes, with tax-free growth potential, tax-free withdrawals, and more. Even if tax rates rise in the future, ...

529 education savings plans are powerful tools to help pay for the mounting costs of an education. Why are some people hesitant to use them? One common concern is oversaving. You can only use 529 ...

The Roth in-plan conversion or Roth in-plan rollover can be an excellent tax-saving strategy if done correctly. But what is it exactly? This differs slightly from other Roth conversions in that it is ...

Want to make your kids millionaires by the time they retire? A Roth IRA might be all that they need. At least, that’s the ...