As higher education costs continue to rise, it’s important to consider how best to fund your child’s or grandchild’s education. I propose a multipronged approach to use tax-advantaged 529 plans, trusts, and term-life insurance.

Four types of wealth are equally important to our overall well-being. They include financial, social, physical, and time. I want to address the financial portion, as that can affect all of them.

Mike Vickerman Jr., founder of Vickerman Investment Advisors Inc., says his constant mantra to his clients for the last 27 years is a reminder to live within their means.

Mother of four observes young adults have similar challenges she has faced.

Richland, Washington-based Gesa Credit Union has bought a former Applebee’s restaurant building on Spokane’s South Hill and plans to open a full-service retail branch there, after an envisioned, extensive remodel.  

Most credit unions in the Spokane area are reporting growing membership totals year-over-year, and some financial leaders here say they expect to see the trend continue into 2024.

Lenders in Spokane say several economic factors have made it increasingly more expensive for borrowers when trying to obtain a loan, including high inflation, high interest rates, and an erosion of COVID-era stimulus funds that allowed many to save, pay off loans, and invest.

Inherited-beneficiary individual retirement accounts are typically an emotional topic. Generally, they represent diligent savings from a loved one who has passed away, and you have now inherited an IRA or 401(k) from them since you were named the beneficiary on the account.

Many of us choose to put a child’s name on the account. And we choose the most responsible child to handle that duty. This plan is fraught with potential problems, but the good news is that a better solution exists.