Wednesday, May 24, 2017
 
 
Video: Page (1) of 1 - 04/21/17 Email this story to a friend. email article Print this page (Article printing at MyDmn.com).print page facebook
Money in Your Pocket Minute: 4-21-17

By Clip Syndicate
Financial Advisor Rick Reagan shows how the NY 529 College Savings Plan can be the best place to start saving.

http://eplayer.clipsyndicate.com/view/12463/6882231 Video: Money in Your Pocket Minute: 4-21-17
Financial Advisor Rick Reagan shows how the NY 529 College Savings Plan can be the best place to start saving.
http://chic.clipsyndicate.com/video/playlist/12463/6882231?cpt=8&wpid=2637 Fri, 21 Apr 2017 10:19:22 +0000 Money in Your Pocket Minute: 4-21-17 Financial Advisor Rick Reagan shows how the NY 529 College Savings Plan can be the best place to start saving. http://chic.clipsyndicate.com/video/playlist/12463/6882231?cpt=8&wpid=2637 WSYR ABC 9 Syracuse been filed, as police continue to investigate. rick: if you're looking to save for college education the best spot, in my opinion is to look at the new york state 529 plan. and i say new york state specifically. other states have the plans but there are special advantages for new york. now number one, any of your money that you put into a 529 plan will grow completely tax free for state and federal taxes as long as you use it for a college education. so you get the tax free growth. but the reason i want you to use the new york state plan is you will get, in the new york plan, a new york state tax deduction. if you use a different state you won't get the state tax deduction. now it's not federal but still it's worth some money right there. they do make it very easy to invest. new york's plan, the direct one, is through vanguard and it's got age-based investing. so if you don't know what you're doing you just pick the age of the child it's for, how aggressive you want to be and they'll automatically invest your money and make it more conservative as you get closer to using it. so if you do want to do that go to nysaves.org and the beauty of this is vanguard, no commissions on it, new york state tax deduction. with your money in your pocket minute, i'm rick




Page: 1


 
 
 
 
 
 
 
 
 
 
 





Our Privacy Policy --- About The U.S. Daily News - Contact Us - Advertise With Us - Privacy Guidelines