529 education savings accounts, used by 17 million Americans with over half a trillion dollars in assets, are expanding beyond traditional college expenses. Recent legislation allows these accounts to cover K-12 tuition, registered apprenticeships, and credentialing programs, all with tax-free growth and withdrawals for qualified expenses. Contributions can be frontloaded and unused funds can be rolled over to other beneficiaries or even into Roth IRAs, making 529 plans a versatile tool for education and retirement savings. Advisors encourage early planning to maximize tax advantages and combat rising education costs.
Jim Cramer stated that today's stock market is far from the dot-com bubble era, highlighting lower valuations, cooler inflation, and strong corporate earnings as key differences. Despite some speculative stocks like SpaceX, these are outliers and do ...
Bank of America announced it will redeem all $400 million of its Floating Rate Senior Notes and $5.75 billion of its Fixed/Floating Rate Senior Notes on July 22, 2026. The redemption price will be 100% of the principal plus accrued interest up to the...
Bank of America Corporation reported strong Q2 2026 results, surpassing expectations with a net interest income of $16.2 billion, up $300 million sequentially. The growth was driven by favorable changes in deposit and loan mix and a shift toward high...
The 94th Emerging Growth Conference will take place virtually on July 15-16, 2026, showcasing presentations from various small cap companies across sectors like technology, mining, and energy. The event highlights companies with strong management and...
Bank of America reported second-quarter 2026 earnings that surpassed Wall Street expectations, driven by broad revenue growth across net interest income, investment banking, trading, and wealth management. Earnings per share rose to $1.21, beating th...
