Mailbag: Moving To A State With Income Tax And More

Equipping Points:

In this episode, Eric is answering your questions! We’ll cover a range of topics today, including key considerations for income taxes when moving to a new state, how to initiate financial conversations with parents or grandparents, and whether using a life insurance policy to save for a college fund is a wise choice.

With such a variety of subjects, there’s something in this episode for everyone, regardless of what life stage you’re in. If you have questions of your own, feel free to reach out to Eric. You don’t want to miss this mailbag episode, so sit back and enjoy the show!

Here’s some of what we discuss in this episode:

  • The financial impacts of moving to a state with a higher income tax.
  • Getting the conversation started with older parents when it comes to their finances.
  • Is it better to use a life insurance policy for college savings?

If you have any questions about what we discussed on the show or want to follow up with any financial planning questions of your own, get in touch with us and schedule a visit here. 

 

Today’s Takeaway:

Related Episodes:

Healthcare in Retirement

Most Common Retirement Planning Mistakes

Do You Have These Blind Spots In Your Retirement Plan?

More From Eric:

The host: Eric Peterson - Contact - Call: (515) 226-1500

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