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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.

On December 29, 2022 President Biden signed the SECURE 2.0 Act into law to encourage more workers to save for retirement. With over 90 retirement-related provisions, the legislation has a lot to it. With so many different topics covered, it can be difficult to determine which provisions are most applicable to you. This article will help summarize some of the most prevalent changes that may apply to your financial plan, and if not now, surely in the future.

Want to know how to ensure your child's financial success for the future? One of the best ways to set your children up for success is to start saving for their future now.

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.

If you're expecting a refund, making a plan for it can help you and help others.

Demands of practice management, taking care of family and making time for self-care can be hard to manage. Women tend to want to “do it all,” but hiring other professionals, both in and out of your practice, makes your life easier and allows you to focus on your profession and personal life. Taking the time to financially prepare and establish those relationships now will only ensure a stronger, less stressful financial future.

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.

What is your biggest financial lesson? Three Certified Financial Planner™ professionals and Financial Planning Association NexGen leaders share their biggest financial lessons learned over the years.

Managing debt can be extremely overwhelming. Don’t know where to begin? Adviser Haley Tolitsky, guest contributor for "The Street," helps you get started and move forward.

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.

News headlines have been spreading fear that Americans are not doing enough today to reach their retirement goals. Dentists and their employees should be aware of this crisis in order to face the issues surrounding it, as well as to determine a resolution to avoid it.