Pass The 66 - 2015: A Plain English Explanation To Help You Pass The Series 66 Exam by Robert Walker

Author:Robert Walker [Walker, Robert]
Language: eng
Format: epub
Published: 2015-02-21T05:00:00+00:00

Special types of accounts: saving for education

Even though we’re not talking about retirement any more, the educational savings plans are usually lumped in with retirement plans, since they offer tax deferral to help someone achieve a long-term goal. Another similarity is that, as with retirement planning, age is a key factor. The portfolio used for a one-year-old child will be more aggressive than the one used for a 16-year-old. As always, the closer you get to your target date, the more you shift your money into bonds and away from stocks.

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