🎓 What CFP® Training Is Teaching Me About 529 Plans
As I progress through CFP® certification, one principle becomes increasingly clear: college funding outcomes are driven less by savings vehicles themselves and more by how assets are classified within the financial aid formula.
This is especially true with 529 plans.
A 529 remains a highly effective education funding tool.Earnings grow tax free.Qualified education expenses are distributed tax f...
📉 “Social Security Is Running Out”
How CFPs Actually Plan for This Risk
The idea that Social Security is “running out” creates real anxiety.For many people, it leads to one of two extremes: ignoring Social Security entirely or assuming it will not exist at all.
From a CFP perspective, neither approach is accurate or helpful.
Social Security is not disappearing.But it is changing.And planners account for that.
What “Running Out”...
📉 The Step Up in Basis
One of the least understood tax benefits of home ownership is something called the step up in basis.
It rarely shows up in social media conversations about wealth.But from a CFP perspective, it plays a meaningful role in long term planning, estate strategy, and intergenerational wealth.
This is not about gaming the system.It is about understanding how the tax code actually works.
What “Basis” ...