Common Misconceptions About Life Insurance | 401(k) Millionaire? Plan for Taxes Now | Be Careful When Considering a 721 Exchange

How to Protect Your Family’s Treasures | Four Common Misconceptions About Life Insurance | Tackle Rising Education Costs With a 529 Plan Created for {EMAIL} | [Web Version]( September 15, 2024 CONNECT WITH KIPLINGER  [LinkedIn]( [Facebook]( [X]( [Building Wealth]( [Youtube]( [Building Wealth]( [SIGN UP](format=multipart) ⋅ [WEBSITE]( [] Estate Planning [] [How to Protect Your Family’s Treasures]( [How to Protect Your Family s Treasures]( (Getty Images) Items like antiques, art and jewelry, as well as family photos, can carry huge emotional ties. The more specific you are in your plans, estate planning attorney Patrick Simasko writes, [the better for everyone](. [] Insurance [] [Four Common Misconceptions About Life Insurance]( [Four Common Misconceptions About Life Insurance]( (Getty Images) Insurance professional Karl Susman makes the case that just because you have no dependents and no debt doesn’t mean life insurance wouldn’t come in [exceedingly handy for someone in your life]( or even a charity. [Get Your Personalized Financial Plan Here]( No matter your level of experience, our team of advisors will give you personalized advice to help you invest confidently. Schedule your complimentary financial planning session today with J.P. Morgan Personal Advisors. [READ MORE]( INVESTMENT AND INSURANCE PRODUCTS ARE: NOT A DEPOSIT • NOT FDIC INSURED • NO BANK GUARANTEE • MAY LOSE VALUE Kiplinger may receive compensation from JPMC ADVERTISEMENT [] College [] [Tackle Rising Education Costs With a 529 Plan]( [Tackle Rising Education Costs With a 529 Plan]( (Getty Images) Contributions to 529 plans grow tax-free and are not taxed when they are used to pay for qualified educational expenses for the beneficiary. Attorney and CPA Denise McClain goes into detail about these [powerful savings tools](. [] Real Estate [] [Adopt a Buyer Beware Mindset for a 721 Exchange]( Having a tax-smart exit strategy for your real estate investment is a great idea, but if a 721 exchange is part of your plan, here's what you need to consider, courtesy of real estate investing pro Dwight Kay. [Read More]( [7 Reasons High-Net-Worth Individuals May Outlive Their Savings]( Those with $1 million or more in liquid assets may face unique challenges when it comes to preserving their wealth through retirement. Seeking guidance in these areas could potentially help reduce stress and help ensure you may be more likely to enjoy the retirement lifestyle you've been planning. [Learn More]( ADVERTISEMENT [] Taxes [] [Saving to Be a 401(k) Millionaire? Plan for Taxes]( Your tax bite in retirement could be excruciating. Financial professional Brian Gray discusses why it’s critical that super savers get serious about protecting themselves. [Read More]( [Skip the hassle of picking stocks with this investing tech]( While you focus on what's important to you, Betterment is working behind the scenes to optimize your investments and make your money hustle. 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