Mailbag: Moving To A State With Income Tax And More

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.

 

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?

 

Get in touch with the Peterson Financial team: https://petersonfg.com/