Updated College Invest First Step and Matching Grant Program Information

Two days ago I wrote about the College Invest Matching Grant Program, which also referenced an earlier post about the First Step Program. As a result of some questions I was asked by readers (thanks!), I dug a little deeper into the terms and conditions and then also called College Invest to confirm some important … Continue reading Updated College Invest First Step and Matching Grant Program Information →

Why You Should (and How To) Transfer Your HSA to Fidelity

I've written previously about why I think an HSA is not only great in general, but is especially great if you have the ability to use it as a stealth retirement account. But for folks who want to use it this way, the HSA provider that they are with is not always the optimal choice. … Continue reading Why You Should (and How To) Transfer Your HSA to Fidelity →

Financial Literacy In One Sentence

When I talk with people about financial topics, either in my class or in person, they often say something along the lines of, “But it’s so complicated!” I agree that some topics can get pretty complicated, and certainly there are many things you can learn to help you optimize your finances. But I also gently … Continue reading Financial Literacy In One Sentence →

Most Unexpected Expenses…Aren’t

“Unexpected Expenses” is a topic that frequently comes up in my classes and when talking with others about finances. This is in the context of a discussion around spending less than you make, saving and investing the rest, and letting compound interest work its magic. Pretty much invariably, several folks will say something similar to … Continue reading Most Unexpected Expenses…Aren’t →

Colorado Teachers Just Got a Big Raise: Now What?

First, I need to apologize, because not every Colorado teacher just got a big raise. But due to a confluence of circumstances, quite a few did. These circumstances include: The state legislature having surplus dollars and finally deciding to try to make up for the years of underfunding of K-12 education (known, I kid you … Continue reading Colorado Teachers Just Got a Big Raise: Now What? →

529 to Roth Conversions: Some Possibilities

As I mentioned in a previous post, one of the changes made by the recent Consolidated Appropriations Act is the ability - with some important restrictions - to transfer some money from a 529 plan to a Roth IRA. The intent of this law is good, I think. Some people have been hesitant to save … Continue reading 529 to Roth Conversions: Some Possibilities →