Kansas has decided to give its residents tax breaks for investing in 529 college savings plans of their choice anywhere in the nation, not just Kansas. Beginning in 2007, individuals will be able to deduct up to $3,000 of personal income invested in a 529 plan, while married couples will be able to deduct $6,000.
"This bill equalizes college savings for Kansans who want more options when investing for their child's college education," said Kansas State Treasurer Lynn Jenkins. "I commend the
Are clients' savings working for them? How to best guide them on the pros and cons of Roth IRAs and other savings programs.
Financial advisors, tax professionals and their clients get another year to think through potential tax, distribution and trust strategies, according to experts.
The Wall Street giant has been moving away from providing in-house retail investment advice to finding ways it can support smaller firms.
The IRS and the Treasury released final regs on the tax credits, with specific rules for partnerships and S corporations.
Here's how commenters such as the AARP, SIFMA, FSI, the Consumer Federation, NAPFA, the CFP Board and others view the Department of Labor's retirement advice regulation.
In the first three months of 2024, both profits and client assets reached new heights at RayJay's Private Client Group.
