The Largest 529 Plan And The Power Of Distribution

While looking at 529 plan information, I came across an interesting tidbit. It also tells us something about investing in general. Every state has a 529 plan. Some states have more than one plan. Which state has the largest 529 plans in terms of total assets? Is it California, the state with the largest population? No. Many California residents go elsewhere because there isn't any state tax benefit for using an in-state plan. California's plan has less money in it than Alaska's. Is it [...]

What Does Vanguard Mean By "Employee Conversion"?

When I was getting my records organized, I saw this on the Vanguard trade confirmation for converting from my traditional IRA to my Roth IRA. I am an employee somewhere, but my employer doesn't have its plan at Vanguard. Regardless, what [...]

Mint Interview: My Not-So-Secret Secret

I did an interview with personal finance site mint.com last December about investing: Expert Interview with Harry Sit on Investing for Mint. They told me it had the highest pageviews among all interviews in that round. Thank you for that. They [...]

Rollover a 529 Account From One Plan To Another

A reader alerted me that the interest rate on Virginia's CollegeWealth 529 plan invested in a BB&T savings account had been lowered from 2.25% to 1.00%. The other bank in the same plan Union Bank & Trust also lowered the rate to 1.5% over [...]

Bay Area Real Estate: Buy Now Or Wait?

This is a sponsored post written by me on behalf of Chase. All opinions are 100% mine. I had dinner with a group of friends last week. Due to our age and the area we live in (mid-40s in the San Francisco Bay Area), buying a home was a hot topic [...]

Conversion Options In Term Life Insurance

As I mentioned in a previous post, I'm buying term life insurance from Ohio National. Ohio National sells two types of tem life policies: a regular or basic term policy and a Term Plus policy. What's the difference between the basic policy and the [...]

529 Plan Deduct and Run

The previous articles on 529 plans mentioned that 22 states either don’t have a state income tax, don’t offer a tax benefit for 529 plan contributions, or offer a tax benefit whether you use an in-state plan or an out-of-state plan. If you [...]