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Daily Archives: August 21, 2009

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Budgets for College Students

Family Finances, Personal Finance, TaxBy Henssler FinancialAugust 21, 2009

With students preparing to leave home for school, now is a good time to introduce your college students to creating a budget. It is important for your children to view a budget as a tool that will help them save for large expenditures like a Spring Break trip, rather than a method of control by you. For more information on budgets for college students, read this C.P.A. Insight.

Non-deductible IRA Contribution—Good or Bad Idea?

RetirementBy Henssler FinancialAugust 21, 2009

There are several scenarios that would make a non-deductible IRA contribution useful to an investor. These include low capital gains tax rates and a strategy involving converting an appreciated account to a Roth IRA. For more information on how a non-deductible IRA contribution may benefit you, read this Financial Strategy.

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