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19 Feb '24Teen Stock Trading – Fidelity Youth Account
Continue readingFidelity Youth is an app designed for teens aged 13 to 17 to learn about managing money through a teen-owned brokerage account. Here’s a breakdown of its features: Account ownership: The account belongs entirely to the teen, giving them control over saving, spending, and investing decisions. Features: Investing: Teens can invest a portion of their […]
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17 May '23The Ultimate Guide: Converting US Savings Bonds to a 529 Plan
Continue readingParents can avoid taxes by rolling over savings bonds to a 529 plan. We will discuss how to convert United States savings bonds into a 529 plan, without paying Federal tax on the earnings. If you are a long-time Wealth45 reader, you know we have touted the high interest rates paid on Series I savings […]
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06 Jul '17You’re Having a Baby!
Continue readingA new child impacts most parts of your life. Sleep deprivation may be the most immediate and directly-felt impact, but there is also a significant change to your finances. The decision to have a child is a major milestone and defining moment in life. And as with all major life changes, being aware of the financial […]
