In 2022, the average tuition at a ranked private university is just over $38,185. Moreover, out-of-state public university tuition is nearly $23,000, according to U.S. News & World Report. As the cost of a college education continues to rise, many people are looking for ways to defray these expenses. At the same time, those who have accumulated significant savings may be seeking tax-efficient ways to transfer their wealth. If you have grandchildren, funding their education expenses can be a great way to achieve both objectives. 

Executive compensation plans have evolved in recent years as employers seek to attract top talent and appease company stakeholders. Today, employers typically compensate executives with a mix of salary, annual incentives, long-term incentives, equity, and other benefits. Despite growing complexity, maximizing your executive compensation is still possible. And in many cases, executive benefits can be very valuable.

If you’re growing increasingly concerned about your investments, you’re not alone. Indeed, 2022 has been a challenging year for long-term investors. Earlier this month, The New York Times reported that one in every 12 trading days so far this year has closed with a S&P 500 Index price change of 2.5% or more. (To put this information in perspective, there was only one day in 2021 when the S&P 500 gained or lost more than 2.5%.)

Then, on Friday, the S&P 500 briefly traded into bear market territory, losing more than 20% of its value since its previous high. Although a reversal late in the day allowed the index to sidestep an official bear market, the decline further agitated many investors.

In a speech last Wednesday night, Russian President Vladimir Putin announced that a “special military operation” would begin in Ukraine. Russian military forces attacked a broad range of targets across Ukraine Thursday while President Putin vowed to replace Ukraine’s government. Many are worried that Russia’s aggressive stance and wide-scale military attack could potentially spiral into the largest European military conflict since the Cold War.

As a parent, it's important to have productive conversations about money with your children at an early age. According to research from the National Endowment for Financial Education, students whose home states required financial education courses were found to be more likely to save, less likely to make late credit card payments, and more likely to take on a healthy amount of financial risk. In other words, financially educated children tend to make smarter choices with their money throughout life. In this article, we’re sharing our best tips for teaching your kids about money.

Whether you’re planning for a traditional retirement or simply want more freedom to choose when and how you work, we all must plan for rising healthcare costs as we age. According to Fidelity’s 2020 Health Care Cost Estimate, a 65-year-old couple can expect to pay about $295,000 on healthcare alone in retirement. Depending on your health and how long you live, your actual costs may be even higher.