On this week's episode of Dollars & Sense, we dive into two hot financial topics that could impact your wallet and your future investments!
- Model Portfolios: Did you know assets in model portfolios surged to a record $8 trillion this year? Find out the pros and cons of these pre-packaged investment options and why you need to ask your financial advisor the right questions to truly know what you own. Are these portfolios helping you grow your money—or just serving the institutions?
- 529 College Savings Plans: There's groundbreaking news on the horizon! Proposed expansions could allow 529 funds to cover more educational expenses, from tutoring fees to curriculum materials and even SAT tests. Learn how these changes may offer greater flexibility and reassurance for parents and grandparents saving for their loved ones' education.
💡 Key Takeaways: The importance of understanding your investments, the potential pitfalls of one-size-fits-all solutions, and how new legislative changes could reshape education savings plans. Whether you're a savvy investor or a concerned parent, there's something for you in this episode!
🎧 Tune in now to stay informed and make confident financial decisions. Your money matters!
