You worked hard to invest in your child’s 529 Plan over the years and now that it’s time for them to go off to college, questions arise on how exactly the money can be used. Below are some common questions that come up: Let’s start with the basics; what is a 529 Plan? A 529 Plan is an education… Read More
Archive for May, 2017
Don’t Let Finances Get in the Way of your Happily Ever After
Guest Author: Wendy Meadows Howanski, Meadows & Erdman, LLC 401 Washington Avenue, Suite 802 Towson, Maryland 21204 (O) (410) 296-3630, Ext. 112 The saying is true, marriage is HARD. It is hard work, there are hard times, and often, your spouse has a hard-head (as may you)! However, in a good and strong marriage, the benefits far outweigh the… Read More
How To Work With Your Financial Advisor
I consider it a wonderful privilege to stand with my clients as they make career decisions, grow businesses, have families, and set retirement goals. To get the most out of this relationship there are a few things that can be helpful: Open communication: Our job as financial advisors is to listen and guide discussion to areas that you may never… Read More
Should I Buy an Annuity?
Many Americans will be approached about buying an annuity at some point in their lives. Are annuities a good investment? The answer depends on your financial situation and the type of annuity. However, great care should be taken before buying an annuity. Annuities are aggressively pushed and oversold due largely to the lucrative commissions that advisors receive when selling them…. Read More