What is the October Effect?

What is the October Effect?

When many of us think of October, we think of Halloween or the Day of the Dead. But every year there’s another strange phenomenon that has nothing to do with trick or treating or honoring deceased ancestors. It’s called the October Effect. So, what happens during the...
What You Need to Know When Choosing a 529 Plan

What You Need to Know When Choosing a 529 Plan

  When it comes to saving for your child’s future, you have several options. You could set aside money in an investment account to purchase blue-chip companies, open a whole life policy for your child, or create a 529 plan for education expenses. These are not...
What is a 401(k)?

What is a 401(k)?

When you enter the working world or change your job, one of your first matters of business is setting up a retirement such as a 401(k) plan. But what exactly is a 401(k)? Let’s explore the answers to some common questions. What is a 401(k)? A 401(k) is a retirement...