SmartReads

A 529 plan is a popular savings vehicle for college expenses, but you may wonder who maintains control over the 529 plan and its assets. Control typically resides with the account owner, often a parent or grandparent, who retains the authority to make investment decisions and withdrawals. The beneficiary, usually the student, has no direct… read more…

Deciding when to retire is one of the most significant financial decisions you’ll make, and getting the timing right is important for the success of your nest egg. If you’re wondering “how do I know when it’s time to retire,” several key factors can guide you. Evaluating your retirement readiness involves assessing your savings, understanding… read more…

Intermediate and medium-term financial goals generally refer to goals that are set for a period ranging from a few years to a decade. These financial goals can help you bridge the gap between short-term needs and long-term aspirations. Examples can include saving for a down payment on a home, funding a child’s education and building… read more…

Financial managers play an important role in steering the financial health of organizations by focusing on strategic planning and goal-setting. Their primary focuses include profitability, managing risks and optimizing financial performance. By analyzing financial data and trends, financial managers develop strategies that align with organizational objectives, and focus on long-term stability and growth. Understanding what… read more…