Posted by: Claudine in Finance, DC Metro Mommy on
Mar 01, 2009
We went to a financial advisor to get an overview of 529 college account options. Here is what Scott Deaton from Mosaic Consulting shared with our readers.
Here is a brief introduction on the college planning accounts, known better as 529 plans - Section 529 plans are education savings programs sponsored by states, and are authorized by state agencies or eligible public and private educational institutions under Section 529 of the Internal Revenue Code. You can contribute to a Section 529 plan regardless of your annual income or your age, and your contributions can be for the benefit of a grandchild, niece, or nephew, as well as your own child. You can even fund a 529 plan for yourself.
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After chatting with friends about our Flexible Spending Accounts, I was surprised to learn that most insurance companies will cover ovulation predictors and pregnancy tests. This is information I could have used years ago! Always looking to save money and utilize our family's Flexible Spending Account, I decided find out what else can be submitted for Flexible Spending Account reimbursement. Here is what I found on the web.
Note, new IRS regulations have identified those products which can be purchased using your Flexible Spending Account. Please contact your account administrator to verify which products are eligible through your plan, since program rules and regulations may
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Posted by: Teia in Finance, Capitol Moms on
Nov 30, 2008
As a busy mama, with a small business, full time job and 2 kids under the age of 3, I am always looking for places and opportunities to make my life and those of my clients easier. One of my favorite sites to scour is Citibabes, a NY based, family lifestyle center with indoor play area, classes and a first class boutique -- it is a must stop on your NYC tour.
But another great resource is their CitiScoop Newsletter, chock full of tips and resources, here is an excerpt of one that I thought timely to share.
Financially Fit Kids Tips
1) Teach Kids to Walk Their Talk: Decide what is really important and let kids know that their choices show their values.
2) Introduce an alternative to Stuff.
3)
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