The team here at Woodside Wealth consists of avid readers with a particular interest in all things finance. When we see a good article, book, blog, or podcast we want to bring it to your attention. The following are some of our favorites – if they spark an idea or question please feel free to contact us.
The long wait to take distributions from your retirement plan(s) may end sooner than you think.
If you’ve neglected your retirement savings while raising your child(ren) you are not alone. Many parents push off or drastically reduce retirement savings in order to save for their child’s future or cover the extra expenses a child always brings.
In 2007, the Education Department enacted an attractive new way to repay student loans once out of college. This new plan is labeled “income-driven repayment plans.” These plans allow for the college graduate to automatically repay their loans each month using 10% of their discretionary income.
There have been some interesting changes made to the Dow Jones Industrial Average recently. Once the most valued company in the United States, General Electric is being dropped from the thirty companies that make up the index.
Cryptocurrencies: they seem to be everywhere right now, yet people still don’t know what they are or what to do with them.
According to the American Association for Long-Term Care Insurance, more than eight million Americans have purchased insurance to protect them in the event that they need long-term health care in a nursing home, assisted living facility, or in their own home.