Posts made in June, 2016

Savings for the Grandkids’ College Education

Posted by on Jun 9, 2016 in Financial Focus, Tax Planning

According to U.S News and World Report, in a recent survey, more than 50% of grandparents are saving or plan to start saving for grandchildren’s college expenses. Most of them chose to save into a 529 college savings plan that provides tax deferred growth and tax free withdrawal for education purposes. 529 college savings plans are free from federal income taxes until the money is withdrawn for qualified educational spending.

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Why Oil Prices Fluctuate

Posted by on Jun 9, 2016 in Financial Focus, News

The main reason they fluctuate is supply and demand. But this is not the only reason.

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Protect Thyself from Thyself: Investor Biases

Posted by on Jun 2, 2016 in Financial Focus

Over an investor’s lifetime, there is likely to be many opportunities to fall victim to one or more of the biases Pfau outlines. Even the most successful investors can fall into these behavioral missteps without a trained and experienced advisor watching out for us.

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Tax Savvy Giving

Posted by on Jun 2, 2016 in Estate Planning, Financial Focus, Tax Planning

At First Pacific Financial, we often evaluate these types of strategies for our clients. There can be many factors to consider in your individual situation and these should be carefully understood and evaluated before making this a long term strategy.

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