a 401k plan is an life time money dealing plan you should have after you quit your job
money market
A 401k plan is a retirement plan. Unlike a savings account you can withdraw money instantly but for a retirement plan you cannot touch that money till you reach the recommended retirement age.
spend it on something you want invest it in a savings plan donate to a charity
A RESP is a registered educational savings plan. It is a plan that allows you to save money for college and education that is tax free.
a 401k plan is an life time money dealing plan you should have after you quit your job
Depends. Using the 529 college savings plan is a great way to save money for the specific use of college. However, you may find a higher yield if you invest in CD or bonds.
a 401k plan is an life time money dealing plan you should have after you quit your job
New York 529 saving plan it is a plan for saving money for the college. You can chose more investments options and after you can start savings with only 25 $.
money market
A 401k plan is a retirement plan. Unlike a savings account you can withdraw money instantly but for a retirement plan you cannot touch that money till you reach the recommended retirement age.
spend it on something you want invest it in a savings plan donate to a charity
A RESP is a registered educational savings plan. It is a plan that allows you to save money for college and education that is tax free.
it is administered only by states
A 529 college savings plan is a savings plan that is operated by a state or educational institution. You can find out more information at the following website: www.savingforcollege.com/intro_to_529s/
A plan which is more economical and reduce splurging your money, a plan which require less investment of funds. Was that information useful, please let me know.
This question has many answers. One way that one can fix their money worries is to pray about them. Another way is to work with a financial consultant, and have them set up a budgeting plan. Someone can make sure that they store their money in savings of some kind. Whether it be in a 401k, stocks, bonds or savings accounts.