Articles

Parents and other family members no longer need to worry about what happens to their child’s 529 plan if they have a remaining balance upon graduation or if they decide not to pursue post-secondary education at all. Historically, parents may have been hesitant to contribute to this education savings account due to the uncertainty of their child’s future decisions, missing out on tax-free growth and withdrawals when used for qualified educational expenses (tuition, fees, books, supplies, room and board, etc.) and in many states, receiving a tax break for contributions made. Fortunately, with SECURE Act 2.0, starting in 2024, the remaining 529 balance can be transferred into a Roth IRA for the same beneficiary, giving them the opportunity to have decades of tax-free growth for their retirement.

Feeling uncertain about the state of the economy? Here are 4 tips to stay ahead on your finances.

Haley Tolitsky, will be speaking at the North Carolina Dental Society’s 2022 Women’s Summit at The Umstead Hotel and Spa on August 26, 2022. During her presentation, Tolitsky will examine how an once male-dominated field is now rapidly changing allowing more women to realize financial empowerment. She will also discuss finding the balance between work, family life, and personal time and finding the financial confidence to become more financially savvy than their male counterparts.

In uncertain economic environments, as we have seen this year, it is important to focus on what you can control – your savings rate, practice and priorities. Here are four action items to consider in today’s rising interest rates.

Your garage isn't the only thing that needs spring cleaning... Spring is the perfect time to check in on your finances and make sure you're on track to achieve your goals.

Talking about money with your partner can be awkward, but it's necessary. Taking the next step with your partner is an exciting time, but don’t do so without talking about money first! Money is an uncomfortable topic for many people, but it is essential for any long-term relationship.

Do I need life insurance? If you have anyone in your life that relies on you financially, you most likely need life insurance. Adviser Haley Tolitsky answers your questions about how much, applying for coverage, and more.

6 key steps you can take to make the transition back into paying your student loans a seamless one.

Automation can be a great tool for improving your financial life. Most of us don’t enjoy organizing our finances and tracking expenses, but thanks to technology, with a little work up front, you can automate several key areas of your financial life. Automation ensures no payments or investment contributions are missed, frees up a significant amount of time and allows you to achieve your financial goals by being consistent.

Using a financial road map to track your progress is a great way to stay organized and accomplish your financial goals. It allows you to get organized by breaking down the steps needed to achieve your short- and long-term financial aspirations. Having your own roadmap can help keep you accountable and remind you why you are working towards these goals.

If you want to have a successful financial plan, you need a budget. But it doesn't have to be as complicated as you may think.

Most likely your financial situation and goals have shifted slightly over the past year. Reviewing and updating (or creating) your financial plan may seem cumbersome, but it's crucial for establishing a successful financial future. Financial Planner Haley Tolitsky outlines steps to take to tidy up your finances and prioritize for the upcoming year on 'The Street', a financial news and financial literacy website.