A 529 plan is a state-sponsored tax-advantaged plan designed for saving for future education expenses authorized by Section 529 of the Internal Revenue Code. If used for education, the assets grow tax-free. According to the College Savings Plan Network, since 529 plans came into existence in 1996, they [...]
As your retirement draws closer, you will probably start to have lots of questions such as: How much Social Security will I receive? When should I retire? How will I know when to retire? Do I have enough saved? What will I need to do to maintain health [...]
In March, Congress passed the CARES (Coronavirus Aid, Relief, and Economic Security) Act, putting $2 TRILLION to work to help our country and the small businesses affected by the Covid-19 pandemic. Curious on how the CARES Act might affect you? Although most Lockheed employees are continuing to work from [...]
Five financial items you should consider before December 31st December will be here by the end of the week, and it might be a good idea to get a jump on these year-end financial tasks you might want to consider. Here's a quick list of items that Lockheed Martin [...]
No...that's not a typo in the headline. In this article, I'll talk about why you don't want to hire me- a financial advisor, to manage your financial picture. If you fall into one (hopefully more than one) of the five categories below, you might be in good shape to [...]
Market corrections (a 10% or more drop in the market) can be scary. The media doesn't help that either. Just take your local news for example - When the market is positive or has a "normal" pullback, you might get a graphic flashed before a commercial. When there's a [...]
