I have two children. Should I open one 529 account for both children or a separate account for each child?
- Broadridge Content
When you have two or more kids, it's usually a good idea to open a separate 529 plan account for each.
Stay in the Know
What's the Latest News?
Knowledge is power! The following news has been carefully selected by our office to empower your learning. Dive into trending news, thought-provoking insights, and everything in between.
Tax Credits: Members of the Armed Forces
- Broadridge Content
The federal government provides tax relief to qualifying individuals in the form of tax credits. Tax credits are valuable because they are dollar-for-dollar reductions of your tax liability. In some cases, they may result in tax refunds. In general, the rules regarding tax credits are the same for members of the Armed Forces as they are for everyone else. Nevertheless, certain tax credits may be of particular interest to members of the military. The following discussion explains eligibility requirements of the earned income credit (EIC), the child tax credit, and the child and dependent care credit (CDCC) (there are other available tax credits not discussed here). Also discussed are some eligibility factors as they specifically pertain to service members.
Adjusting to Life Financially after a Divorce
- Broadridge Content
After a divorce, it's important to take a fresh look at your finances.