Hi it's Jill Schlesinger host to the Better Off Podcast. Today we are talking about

your year-end financial planning. The power of the 529 plan in my opinion is not for the certain states that you live in where

you get a state tax deduction.

That's just sort of the carrot that gets people into the plans, but is the long term.

So if you're putting money in while your kids are in grade school you're

getting tax-free growth of 10-15 years of tax-free growth and that's really the power of the

529 plans not to use them short-term for elementary school.

Welcome to the Better Off Podcast. I'm not to use them short term for elementary school.

Welcome to the Better Off Podcast.

We're sponsored by Betterment, the largest independent online financial advisor.

Okay, it is December.

Do you know what that means?

It means you have got to get your act together and take advantage of the calendar year end.

There may be some things you really should be focusing on. I know that it is very difficult to concentrate on money

in the midst of the holiday season.

But we are dropping this episode

at the precise moment I think you've got enough bandwidth to handle it.

We've got great guests.

We've got Michael Goodman and Brenna McLaughlin from Wealthstream Advisors and they are going to help

you figure out what you need to do

over the course of the next few weeks. So year-end financial planning, we got you

covered. Here's our interview with Brenna and Michael.

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